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Public v Private Sector

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Comments

  • #152
    ParkRunner
    Registered Users, Registered Users 2 Posts: 3,063 ✭✭✭ParkRunner


    daltonm wrote: »
    []No I dont think contributions will be raised but the value of the pension will be lowered to something very similar to what they have in England..something along the lines of this:


    Will this help in the short term? I'm not too sure. Thanks for the link.

    No it will take a few years alright for it to have a noticeable effect but it looks like that will be coming in for new staff and for current staff any increase in the value of pensions will be linked to the cpi rather than equivalent pay.

    The government has already said though that pay will not be cut further if the proposed croke park deal is passed so I imagine taxation, capital spending and social welfare will make up the 3bn this year on top of the non-pay related savings achieved in the public sector.


  • #153
    daltonm
    Closed Accounts Posts: 158 ✭✭daltonm


    EF wrote: »
    No it will take a few years alright for it to have a noticeable effect but it looks like that will be coming in for new staff and for current staff any increase in the value of pensions will be linked to the cpi rather than equivalent pay.

    The government has already said though that pay will not be cut further if the proposed croke park deal is passed so I imagine taxation, capital spending and social welfare will make up the 3bn this year on top of the non-pay related savings achieved in the public sector.


    I am dubious about the agreement. Here it is below. Check out page 16 for example (Irish Prison Service), the first line is
    The Irish Prison Service must secure prison grade payroll savings of €21million.

    Friends of mine are PO's and won't be voting this in for this reason.




    http://www.impact.ie/iopen24/pub/crisis/agreement/sectoragree.pdf


  • #154
    AARRRRGH
    Closed Accounts Posts: 566 ✭✭✭AARRRRGH


    daltonm wrote: »
    That may be true, but did they get the jobs they had? Did they get the salary they were on? I would think not.
    In regards to people drawing the dole and working, this is no more prevelant that what is was during the boom.
    I do agree with you on the WPP schemes.

    Yes, not one who I have asked is worse off now.
    Trust me. I know a lot of builders from my previous career in construction, ,many moons ago. None of them was drawing the dole and working up until about a year and a half ago. Now they are all at it.

    For the poster that wants to know how old and what experience I have. I am in the wrong end of my 30s. I have been working here and abroad since the age of 17 with a 3 year break for Uni at 23yo. Ive been through hard times here and abroad... and here and now is a walk in the park compared to them.

    Like property being exaggerated beyond belief ... The recession seems worse than it actually is. Internet forums have a lot to do with that. Everybody is an expert. 2 years down the line people will be buying houses and voting FF again. It will all be forgotten til it happens again, like the 80's, then everyone will be an expert again.

    Just look around at all your friends. Count how many are unemployed. Not many I bet. And they will be the people not willing to move to where they can find work.


  • #155
    AARRRRGH
    Closed Accounts Posts: 566 ✭✭✭AARRRRGH


    daltonm wrote: »
    Is it enough though? - I think there will be more cuts for all sectors come December.

    No its not enough. A 5 - 10% levy on all earnings for all workers is next. You cant get the deficit back from only 300,000 employees. Its impossible. We all have to play our part - together.


  • #156
    daltonm
    Closed Accounts Posts: 158 ✭✭daltonm


    AARRRRGH wrote: »
    Yes, not one who I have asked is worse off now.
    Trust me. I know a lot of builders from my previous career in construction, ,many moons ago. None of them was drawing the dole and working up until about a year and a half ago. Now they are all at it.

    For the poster that wants to know how old and what experience I have. I am in the wrong end of my 30s. I have been working here and abroad since the age of 17 with a 3 year break for Uni at 23yo. Ive been through hard times here and abroad... and here and now is a walk in the park compared to them.

    Like property being exaggerated beyond belief ... The recession seems worse than it actually is. Internet forums have a lot to do with that. Everybody is an expert. 2 years down the line people will be buying houses and voting FF again. It will all be forgotten til it happens again, like the 80's, then everyone will be an expert again.

    Just look around at all your friends. Count how many are unemployed. Not many I bet. And they will be the people not willing to move to where they can find work.

    I really would love to think it the case, optimists invent airoplanes and pessimists invent parachutes - :).
    The big difference between the 80's and now however, is the level of personal debt (I am the right end of my 40's and have much the same experience as yourself).
    In the 80's we didn't have the big mortgages, the car loans, the CU and bank loans - I have only a CC so I am lucky, I do know a hell of a lot of people with all of the above.


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  • #157
    AARRRRGH
    Closed Accounts Posts: 566 ✭✭✭AARRRRGH


    daltonm wrote: »
    I really would love to think it the case, optimists invent airoplanes and pessimists invent parachutes - :).
    The big difference between the 80's and now however, is the level of personal debt (I am the right end of my 40's and have much the same experience as yourself).
    In the 80's we didn't have the big mortgages, the car loans, the CU and bank loans - I have only a CC so I am lucky, I do know a hell of a lot of people with all of the above.

    Nobody had anything in the 80's
    People have a lot more now, even those with personal debt.
    Remember the provident man? Loanshark. Everyone borrowed money from him.
    One thing I did learn though was to save and paiy off debts quickly. Thats why I paid off my house in under 10 years. Debt is not for me, but for those I know with debt, its manageable for them. They just have to have one car and less of the lattes and holidays they have gotten used to.


  • #158
    daltonm
    Closed Accounts Posts: 158 ✭✭daltonm


    AARRRRGH wrote: »
    Nobody had anything in the 80's
    People have a lot more now, even those with personal debt.
    Remember the provident man? Loanshark. Everyone borrowed money from him.
    One thing I did learn though was to save and paiy off debts quickly. Thats why I paid off my house in under 10 years. Debt is not for me, but for those I know with debt, its manageable for them. They just have to have one car and less of the lattes and holidays they have gotten used to.

    They have a lot more of course - they just haven't paid for it and when you say "manageable" you mean that most of their income is servicing the debt. This wasn't the case in the 80's.
    As for the provident man? You are speaking of him as if he went away - he never left.


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