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MisterEpicurus wrote: »Not so - I can admit to being no economic expert. But I base my opinion on two things;
1) The overwhelming response from experts who 'laugh away' Sinn Fein's policies. Of course, some will agree however I'll go with the vast majority.
2) Lack of Policies - Last time I checked, the Sinn Fein economic policy section of their website only included a tax on those earning over 100k and the rest of the page dealt with criticizing Fine Gael and Fianna Fail rather than focussing on policies. That's worrying I think you'll agree.
When was the last time you checked?Economy
Ireland is in deep economic trouble. Incompetent government, corrupt bankers and greedy developers have brought this state to the edge of an economic abyss.
In the blink of an eye we have gone from boom to bust. The years of budget surpluses have been squandered. Those who claimed that they, and they alone, knew how to run the economy have been exposed for the fraudsters that they are.
Sinn Féin was berated when we pointed out the obvious flaws in government policy – the creation of a property bubble, the over reliance on consumption taxes, the growing gap between the ‘haves’ and the ‘have nots’, the rewarding of private greed at the expense of the public good, the failure to think strategically and in the long term interests of the citizens.
We were right on these matters.
There is a way forward.
We can build a country and an economy that creates wealth and shares wealth, that is based on enterprising excellence and social solidarity. A country defined by Irish values of decency, fair play and celebration of achievement.
We can do this because that is who we are. That is what we are about, that is what our economy must be about. We need a plan to achieve this. We need leadership and Sinn Féin can offer it.
The government cannot simply tax or cut its way out of this crisis.
Our number one priority at this time is to get Ireland back to work. The time for action is now.Targets for job creation must be set and met.
All of those involved in job creation and training –statutory agencies, unions, employers and educationalists - must come together to plot the job creation pathway. We need speedy and deliberate targeting of those sectors where growth is possible –sectors like agri-food, research and development and green technology.
We need to build the skill base to create and fill new jobs. We need to build the critical infrastructure, schools and houses, public transport and Information Technology.
Business start ups must be supported by creating one stop enterprise business points offering advice, funding and expertise to entrepreneurs.
An aggressive export Ireland strategy is urgently required. This is an area of huge potential. Currently 90% of exports from this state are from foreign owned multinationals. Irish enterprises must develop their export capacity. Government policy must drive this.
We must fight to save existing jobs under threat. Workers and their families deserve no less. Economic recovery demands no less.
Jobs can be saved. The jobs on the line at SR Technics can be saved. Jobs in construction and retail can be saved. Waterford Crystal can have a future. These and other vulnerable jobs will be lost if the current lacklustre approach by government continues.
Sinn Féin would not meekly accept the ongoing haemorrhage of skills and global brands from our country. The government needs to get its act together.
Recovery will not be possible unless we sort out the banks. This requires forthright, decisive actions.
This is what needs to happen:
These actions are required immediately if we are to restore domestic and international confidence in financial institutions. The banks are now reliant on taxpayers’ money. The banks must now be forced to impose a moratorium on home repossessions for a minimum of two years.
Banks must support struggling mortgage holders - by rescheduling repayments and allowing movement from fixed to variable rates without financial penalties. Banks must be obliged to make loans available to small and medium businesses. Viable businesses and jobs will be lost if the credit drought is not resolved quickly. We cannot allow enterprise and workers to suffer at the hands of self centred and self seeking banking practices.
The banks must pay back the taxpayers money while working in the state’s interest. The need for a state bank, long advocated by Sinn Fein, is now undeniable.
Then we must deal with the shortfall in public finances.
Saving must and can be made in a way that is equitable and does not injure our long term goal of a sustainable economy. Sinn Féin set out proposals for raising the €2billion which the government is now implementing through totally unfair cuts. We argued that the government should introduce a new 48% rate of tax on earnings in excess of €100,000 a year, make discretionary tax relief available only at the standard rate and remove the PRSI ceiling.
These proposals involve some pain, but are equitable and fair.
We also called for the end to the misuse of taxpayers money in supporting private healthcare and the outrageous pay packages of CEOs of public bodies.
This state will have to borrow over the next five years. This is the right thing, and the necessary thing, to do. But it must be for smart, strategic investment. The days of shoddy management, sloppy costings and project overruns are over.
All of this must happen but the establishment of a fair and progressive taxation system is at the core of sustainable public finances. Sinn Féin has long demanded reform – the ending of tax shelters and tax exile status, the ending of the scandal where middle income workers are taxed at the same rate as those earning hundreds of thousands of euros. We are calling for the creation of a third tax rate for these high earners.
Never was tax reform more urgent than now. Never was it more necessary for the rich to pay their share. We must regain our competitiveness.
The costs of doing business in Ireland is prohibitive. Misguided government policy has driven Energy costs higher here than anywhere else in Europe and has resulted in a telecommunications infrastructure that is third rate.
Government must act now to address these issues. Competitiveness will not be secured on the back of cheap, insecure labour. Families on the breadline is not the answer to our problems, reductions in the minimum wage or running down protections for workers is not the solution.
Investment in skills and education will be the cornerstone of realising our potential. The short-sighted cuts in education, at all levels, must be reversed. There will be no knowledge economy, no ‘smart economy’, if we allow government to vandalise our education system
This is the time to build the All Ireland economy. Partition is costing Ireland hundreds of millions of euros each year. The simple fact is we cannot afford the border.
Currency differentials and VAT rate differentials hurt business and the consumer. We need VAT harmonisation, tax harmonisation and nurture a dynamic all Ireland economy.
Now is the time for transformation, for government with the bold ideas and courage to create a fair and prosperous society. We need to get Ireland back to work. This requires long term strategy, of solidarity and vision.
http://www.sinnfein.ie/economy0 -
That's just a manifesto - there's not one concrete idea or policy in the whole thing apart from some vague stuff about the banks, jobs and tax harmonisation.0 -
^^ Pretty much all waffle on there.0 -
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The biggest joke of a party ever to try to scam the public and that link proves it.0 -
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MisterEpicurus wrote: »It's not so much about the wealth tax that I was criticizing them. I was making a point that when it comes to solve the crises, all I hear it the following;
> Tax of 48% on those over 100k.
> Burn the bondholders
> Reject all treaties
> Rinse and Repeat
Are you seriously telling me you'd want this in government led by Gerry Adams who has to be considered one of the worst TD's in the Dail. While he might be good controlling an illegal army, when it comes to politics and economics, he's out of his depth.
Different strokes for different folks though.
ahhh, there's the rub.
nothing to do with policies at all is it epicurus.
more of an emotional outburst going from the above paragraph. 0 -
MisterEpicurus wrote: »In no way does that make it justifiable or worthy.
but you went along with it:D 0 -
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fishy fishy wrote: »ahhh, there's the rub.
nothing to do with policies at all is it epicurus. more of an emotional outburst going from the above paragraph.
I find either the lack of policy angle or the murdering scum angle to be both equally effective in damning Gerry Adams.0 -
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ilovesleep wrote: »It's a little insulting to lob us all in with 'we' because we are not all the same. But yeah I agree with this and slightly agree with fozzie bear.
I remember just after December's budget of 2010, just right after the reins of the country were handed over to the IMF and ECB.
I was taking a walk with my mother (late 50s) and we bumped into two gossip biddies/neighbours, also both late 50s. They all came from similiar backgrounds as in married in the 70s or 80s, gave up work when they had kids and were stay at home mothers.
I explained to my mother when the IMF and ECB what that meant for the country. And she got the general gist of things and she knew we were well into a recession.
So anyways on this particular day that we were out walking, they all had a natter about the budget and what were taken away from them and their families. Real anger in the air too about it.
I was gobsmacked. Fcuking clueless what position Ireland was in or if they knew, they did not care. All they cared about were their own pockets.
Greed.
if your mother is in her 50's then I am wondering why she didn't say
"Recession? what are you talking about. I've lived through more recession than you will ever know - real recessions pet, not recessions where you have to give up your luxury items that you didn't own in the first place" 0 -
fishy fishy wrote: »if your mother is in her 50's then I am wondering why she didn't say
"Recession? what are you talking about. I've lived through more recession than you will ever know - real recessions pet, not recessions where you have to give up your luxury items that you didn't own in the first place"
she probably knew what a recession was and what to expect.0 -
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