Has it escaped the attention of the Govt that some groups have actually increased their disposable income during this recession. Can they be targetted this time to carry some of the burden?
Workers and management with relatively secure jobs in the Commercial State sector. Most got pay increases, most escaped the pension levy, and because of deflation they saw quite substantial increases in disposable income. This would be known as the sheltered trading sector of the economy. A nurse and Garda see their Net income fall by over 12% while workers in ESB, Bord Gais, Bord Bia, etc, have had income increases.
People who have relatively secure jobs in the private sector, (insurance, Pensions industry) and hold tracker mortgages. Their mortgage repayments have fallen substantially and they have escaped pension levy hikes and pay cuts. They are better off.
The Pensions industry whose portfolio managers still rake in bonuses and investment fees even when their clients funds drop. Their income has not fallen.
The political class and its patronage supplicants, quangoes, those who wield the axe in the public sector and always protect their own jobs.
The CEOs and upper management of the HSE, other PS departments, and possibly even some charities who receive state stipends, who cut the wages of their workforce and lay off front line staff, but never lay off managment or cut managements/CEO salaries. E.G. Is it true that the CEO of the Human Rights Commission earns 250,000? (Ireland is not a tin pot dictatorship with widespread human rights abuses, this is madness).
Those who are now retired, enjoying defined benefit pensions, have their mortgages cleared, while their younger colleagues suffer huge drops in take home pay, have kids to rear and mortgages to repay. Who has the courage to take on that kind of grey vote, many of whom spend a lot of their time and money in their Spanish Holiday home?