Follow @PoliticsIE
 
 
 
Page 1 of 25 1234511 ... LastLast
Results 1 to 10 of 247

Thread: Govt spending up 7.2% on January 2012

  1. #1
    Politics.ie Member LDF's Avatar
    Join Date
    May 2007
    Posts
    4,173
    Mentioned
    0 Post(s)

    Default Govt spending up 7.2% on January 2012

    Our government spent €3.9bn in January 2013 - a 7.2% increase on January 2012. This is current expenditure - nothing to do with the PN's or interest on debts. The tax take was up 3% on the same period. The government's decision to dump it's 2/3:1/3 spending cuts to tax increases promise is taking effect but it isn't working. The current account deficit rose from €513m in January 2012 to €679m in January 2013.

    Spending in Joan Burton's department of Social Protection is out of control - 18% up on January 2012.

    These figures represent the government's report card and they are failing badly. There are a couple of questions raised by these numbers:-

    -Labour has lost 5 TD's due to a fairly tame implementation of austerity. What happens when this government runs out of road and has to start cutting deep?..and they will run out of road.

    -Would the Troika be more willing to "help" us if our government showed greater willingness to manage those areas of public finance in which it is currently in full control?

    -Do we really want to say goodbye to the Troika and let this government continue on its current path unsupervised?

    -How long will FG backbenchers tolerate their party stumbling down the path of high tax and spend

    -Do FF have anything to say on the rising deficit or are they content to cynically stick to the safe ground of attacking Labour and every minor cut this govt imposes?


    Tax take, current spending rise in January - RTÉ News
    Last edited by LDF; 4th February 2013 at 09:47 PM.
    I care about all sorts of crap.

  2. #2
    Politics.ie Member
    Join Date
    Sep 2012
    Location
    Cylon-occupied Caprica
    Posts
    3,658
    Mentioned
    0 Post(s)

    Default

    And all we hear about is "austerity".

    Lols.

  3. #3
    Politics.ie Member Crazy horse 6's Avatar
    Join Date
    Dec 2011
    Location
    Tallaght
    Posts
    13,501
    Mentioned
    0 Post(s)

    Default

    Who cares what FF think? Bunch of tramps who ruined our society is all they are.

  4. #4
    Politics.ie Member
    Join Date
    Apr 2008
    Location
    Dublin
    Posts
    4,067
    Mentioned
    0 Post(s)

    Default

    wow current spending up 7.2% and people are giving out about so called cuts in public spending.
    "War is never economically beneficial except for those in position to profit from war expenditures."-Ron Paul

  5. #5
    Politics.ie Member Astral Peaks's Avatar
    Join Date
    Nov 2010
    Posts
    25,995
    Mentioned
    0 Post(s)

    Default

    Great OP, LDF.

    Good luck with actually asking posters on here to put aside ideology and deal in reality.....
    "Don't need a whore, I don't need no booze, don't need a virgin priest."

  6. #6
    Politics.ie Member commonman's Avatar
    Join Date
    May 2010
    Posts
    5,345
    Mentioned
    0 Post(s)

    Default

    Funny thing there is thousands coming in to the country and going on SW .

  7. #7
    Politics.ie Member LDF's Avatar
    Join Date
    May 2007
    Posts
    4,173
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by Crazy horse 6 View Post
    Who cares what FF think? Bunch of tramps who ruined our society is all they are.
    Unfortunately, we need a government and we may need one to replace the current one before too long. FF, I'm afraid, are back in the game. Unfortunately, Mr Martin seems content with a Fr Trendy style of leadership but there's always hope.
    I care about all sorts of crap.

  8. #8
    Politics.ie Member hammer's Avatar
    Join Date
    Jul 2009
    Location
    Olympic Stadium
    Posts
    58,469
    Mentioned
    1 Post(s)

    Default

    http://finance.gov.ie/documents/exch...excheqstat.pdf

    Social Protection up
    Income Taxes up

    Strange.

  9. #9
    Politics.ie Member Hewson's Avatar
    Join Date
    Apr 2009
    Location
    On the horizon
    Posts
    8,329
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by LDF View Post
    Our government spent €3.9bn in January 2013 - a 7.2% increase on January 2012. This is current expenditure - nothing to do with the PN's or interest on debts. The tax take was up 3% on the same period. The government's decision to dump it's 2/3:1/3 spending cuts to tax increases promise is taking effect but it isn't working. The current account deficit rose from €513m in January 2012 to €679m in January 2013.

    Spending in Joan Burton's department of Social Protection is out of control - 18% up on January 2012.

    These figures represent the government's report card and they are failing badly. There are a couple of questions raised by these numbers:-

    -Labour has lost 5 TD's due to a fairly tame implementation of austerity. What happens when this government runs out of road and has to start cutting deep?..and they will run out of road.

    -Would the Troika be more willing to "help" us if our government showed greater willingness to manage those areas of public finance in which it is currently in full control?

    -Do we really want to say goodbye to the Troika and let this government continue on its current path unsupervised?

    -How long will FG backbenchers tolerate their party stumbling down the path of high tax and spendin

    -Do FF have anything to say on the rising deficit or are they content to cynically stick to the safe ground of attacking Labour and every minor cut this govt imposes?


    Tax take, current spending rise in January - RTÉ News
    When I heard these figures I had only one thought.

    How do we justify the payment of pay increments to public servants in a country as utterly bankrupt as we are? And I'm not trying to turn this into a PS bashing thread, but it just shows how bent, bizarre and wacky our logic has become in this recession.
    Abortion is an act of violence. Violence demeans humanity, particularly violence against women and children.

  10. #10
    Politics.ie Member
    Join Date
    Jan 2011
    Posts
    1,878
    Mentioned
    0 Post(s)

    Default

    But RTE and Noonan say this is good.

Page 1 of 25 1234511 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •