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View Poll Results: What size will the budget adjustment be ?

Voters
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  • €5 billion

    8 20.00%
  • €6 billion

    15 37.50%
  • €7 billion

    10 25.00%
  • €8 billion

    6 15.00%
  • €9 billion

    1 2.50%
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Thread: What size will the budget adjustment be ?

  1. #1
    Politics.ie Member cyberianpan's Avatar
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    Default What size will the budget adjustment be ?

    Karl Whelan has pointed out that merely sticking to the plan requires €7b, and he also recommends this

    The Irish Economy » Blog Archive » Sticking to 2011 Deficit Goal of 10% Requires

    So what size will it be ?


    cYp
    "Yawn , am I alive yet ?"

  2. #2
    Politics.ie Member spidermom's Avatar
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    I voted 5...rather in hope than anticipation!

    The thoughts of 3 more budgets the same is what is freaking me out, not so much this one!
    God almighty...where are they going to find it??
    When a man sits with a pretty girl for an hour, it seems like a minute. But let him sit on a hot stove for a minute and it's longer than any hour. That's relativity.

    ALBERT EINSTEIN

  3. #3
    Politics.ie Member rockofcashel's Avatar
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    Between 4.5/5 billion. And even at that, the cuts will be so deep that the budget will not get through the Dail, because FF politicians will walk away from it. This will precipitate a GE, which will put FG/Lab into power. They will them implement a broadly similar budget, and FF will spend four years lambasting them for destroying the economy.
    1,197 people agree with me.. how many agree with you ?

  4. #4
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    Quote Originally Posted by rockofcashel View Post
    Between 4.5/5 billion. And even at that, the cuts will be so deep that the budget will not get through the Dail, because FF politicians will walk away from it. This will precipitate a GE, which will put FG/Lab into power. They will them implement a broadly similar budget, and FF will spend four years lambasting them for destroying the economy.
    Will four years be short enough that people won't forget who really did the damage or will the electorate yet again not learn from past mistakes?

  5. #5
    Politics.ie Member dresden8's Avatar
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    Quote Originally Posted by johnnypockets View Post
    Will four years be short enough that people won't forget who really did the damage or will the electorate yet again not learn from past mistakes?
    People are stupid, god, are they stupid.

  6. #6
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    That's what I'm afraid of and it seems, FF will be counting on. What's the answer then. How can the cycle ever be broken?

  7. #7

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    I went for €8 Billion. I think the gun is to the head and the have a number of scenarios to work with which will be decided by November's crucial Exchequer returns. Noonan said €7 Billion to take the edge off the shock.
    “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.” - Friedrich A. Hayek

  8. #8
    Politics.ie Member cyberianpan's Avatar
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    Of course in this thread, I am referring to this year''s adjustment !

    cYp
    "Yawn , am I alive yet ?"

  9. #9
    Politics.ie Member Thac0man's Avatar
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    I won't bother voting, its €15 billion

    The polls worst case scenario is off by fully 6 billion.

  10. #10
    Politics.ie Member cyberianpan's Avatar
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    Quote Originally Posted by Thac0man View Post
    I won't bother voting, its €15 billion

    The polls worst case scenario is off by fully 6 billion.
    The poll is this year's adjustment... not the 4 year one

    cYp
    "Yawn , am I alive yet ?"

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