Boom bust economy?

El_Duderino 09

Idbatterim wrote: »

I had enough of a neighbor pensioner talking ****e the other day and after years of listening to the “ poor pensioner “ spiel I told him id heard enough of it. If they’d all worked so hard , how are they still struggling ? Struggling on the worlds most ridiculous welfare state ? Many Picked up property for a pittance ? Now they screw every cent out of the young. My heart really bleeds. I’ve mates in Dublin with good paying jobs busting their balls and that are still struggling. Fcuking do one !

Like anything, the whole group aren’t the same. Some pensioners are very wealthy and playing the poor pensioner cars. Others are genuinely poor. But as a group they’re definitely one of the most taken care of.

Older, wealthy and still working are probably the most pandered to politically.

El_Duderino 09

El_Duderino 09 wrote: »

If they had been prepared to downsized earlier to a house manageable by an old person, they probably wouldn’t be in that position when they get old.

Actually, thinking about it since. I think it’s extraordinary that anyone could expect not to have to move to a small house later in life. It’s an extraordinary development in in the last couple of decades. Simple fact is that people need to move to suit their lifestyle, activity, ability to maintain a house physically and financially.

I think old people should be looked after (along with all segments of society). I’d be in favour of building small manageable houses and flats for old people. Give them somewhere to go to live independently with other people at a similar stage of life.

But the idea of protecting people from having to downsize to live within their means, is wrong. Likewise, using up the disposable income of young people to pay rent for wealthy old people, is wrong.

Greentopia

Mad_maxx wrote: »

I didn't know we were comparing Ireland to Sweden

Low income earners pay eight times more tax in Sweden than here, the left here don't want high taxes on anyone bar Denis o Brien, in other words they don't want the nordic model

As for the soc dems, wooly liberals of the highest order who are open borders fools

I didn't know we were talking about immigration. It was Merkel and the right wing CDU that was the driver of large scale immigration four years ago, not the SPDs. The Nordic countries also became a destination for many and when they couldn't cope with the numbers they put in border controls.

Eight times more tax? oh LAWL. I paid exactly 36% tax in my full time job in Gothenburg and I wasn't on high wages. 36% which paid for all local municipal, and national services including my healthcare.
If you're going to pick a figure at random at least make it somewhat believable.

Many Social Dems here do want the Nordic model. They often cite services there as the aspiration and of course realise the tax system would have to be restructured to develop this.

“Social Demoracy recognises the greater good over self-interest; the need for social safety nets and it recognises the importance of universalism of public services for all in society,” -Catherine Murphy said recently.

That's classic Social Democracy and something I heard many Swedish Soc Dems say when I was there.

Greentopia

BattleCorp wrote: »

I don't agree. Imagine you are in your mid 70's. The last thing you want to do is to sell your house and move. People in their 70's, 80's etc. usually have a support network of friends, relations and neighbours around them. Are you seriously suggesting that they have to up sticks and move away from all these supports to a strange area just because they are on a state pension and live in a big house?

My mother sold her home in her 80s and down scaled. She stayed in her own locality. A close friends of mine who's parents are now of similar age did likewise. Older people often do this, no problem.

BattleCorp wrote: »

What difference does it matter how they acquired their wealth (house)? If they worked hard for it, fair play to them and they deserve it. If they inherited it, so what. Someone close to them worked hard for it. Either way, the taxpayer would have done well enough out of it.

Many didn't work hard for it, they inherited. That's called unearned privilege and certainly doesn't make them deserving of having something handed to them for free just because they happen to be born into the right circumstances.
And no-one works harder than those on minimum wage. Why don't they deserve nice houses?

And I'm speaking as someone who inherited a house. But at least I realise I did nothing to deserve it and don't want anyone telling me "fair play" for being the beneficiary of unearned privilege.

whiskeyman

Just heard an ad with Eddie Hobbs promoting his financial services on the radio.



We're f**ked now.

Sleepy

Our problems historically, currently and in the future all largely stem from the same thing: electing poor politicians. We elect a bunch of landlords, school-teachers, publicans and the occasional barrister, usually on the basis of which side of the civil war our grandparents fought on, and seem surprised when they make poor legislators and worse ministers for inefficient, government departments.

As soon as there's a sign of a boom, we piss public money into the wind (Christmas bonuses for freeloaders and bribes for OAPs, occasionally a few scraps for the PAYE workers footing the bill for everything else).

Any experienced financial controller could save millions from the public expenditure if given free reign to do so, TBH, I'm confident I'd manage it myself if allowed to tell a few PS unions to get ****ed when they started whinging about normal business practices (i.e. letting redundant staff go).

antimatterx

whiskeyman wrote: »

Just heard an ad with Eddie Hobbs promoting his financial services on the radio.



We're f**ked now.

How is he allowed work in the finance sector. My Cat would give better advice. In fact, my Cat wouldn't of invested in Detroit.

BattleCorp

Sleepy wrote: »

Any experienced financial controller could save millions from the public expenditure if given free reign to do so, TBH, I'm confident I'd manage it myself if allowed to tell a few PS unions to get ****ed when they started whinging about normal business practices (i.e. letting redundant staff go).

That's the problem. No politician is able to stand up to them. They have the power to bring the country crashing down.

antimatterx

And no-one works harder than those on minimum wage. Why don't they deserve nice houses?

What a stupid comment - Just because someone makes **** money, does not make them hard working. If they were such hard workers, they could of worked into a better job.

cj maxx

Ireland was always a boom and bust economy. Always !

mariaalice

Let me see, have I got this correct its cause by welfare, pensioners, and public services unions.

Its nothing to do with our being a small open economy at the mercy of the likes of Brexit or trade wars, its nothing to do with the short-termism of the typer of government we have or anything like that.

Ipso

cjmc wrote: »

Ireland was always a boom and bust economy. Always !

Shirley you mean a bust and bustier economy.

optogirl

El_Duderino 09 wrote: »

I think that’s harsh on McWilliams. He’s not saying the recession is here. He is saying that some of the economic indications are looking like the current boom is running out of steam.

But he hasn’t tried to predict a time and date of the next recession. I think it’s pretty important to try to understand why the economy works the way it does or why it went well or poorly.

Bloody sure he hasn't. Then he can say 'it's coming' at a non-specific date & time and be proved right.

Thelonious Monk

Just back from Zurich where its so well run its almost jaw dropping. Amazing transport and planning. We seem to build our towns and cities based around cars and semi ds and have lots of one off houses all over ireland.
Why is it far better run places like Switzerland can have high rise apartments everywhere with supporting infrastructure but we cant? I know theyve been filthy rich for centuries but planning is just something we dont do. Building up seems to be sacrilege here.

Blueshoe

Thelonious Monk wrote: »

Just back from Zurich where its so well run its almost jaw dropping. Amazing transport and planning. We seem to build our towns and cities based around cars and semi ds and have lots of one off houses all over ireland.
Why is it far better run places like Switzerland can have high rise apartments everywhere with supporting infrastructure but we cant? I know theyve been filthy rich for centuries but planning is just something we dont do. Building up seems to be sacrilege here.

The Swiss were always dodgy.

uch

Are we about to see the return of the Public Service Bashing threads? haven't had a good one of them in a while

Blueshoe

uch wrote: »

Are we about to see the return of the Public Service Bashing threads? haven't had a good one of them in a while

There doesn't need to be one. Everyone is wise to it by now. There isn't anyone left that needs to be educated on public v private sectors.

topper75

InTheShadows wrote: »

Paddy likes to piss on the poor and doff the cap to his supposed betters, always has always will.

A lot of that 'poor' though don't merit any respect anyway. They are dedicated welfare class who refuse to move house or retrain. I don't seek to 'piss' on anyone but I am absolutely clear that I owe them nothing.

Wanderer78 wrote: »

It ll be interesting to see what happens the Swedish economy, as they try deal with their building boom

Sweden's going backwards like everywhere else. They have a big factory slowdown and they have even gone so far as cutting the royal family!

Sweden has suffered the most violent slump in manufacturing output since the depths of the Lehman crisis in late 2008, flashing an early warning signal for the rest of Europe’s industrial bloc.

It seems trendy to suggest we should follow Scandi models but it won't fly here in our culture. In Norway, tax receipts are published in newspapers for all to see. Paddy, Seán, or whatever he calls himself, will not accept that culturally.

cj maxx

Ipso wrote: »

Shirley you mean a bust and bustier economy.

That's a far far better description

El_Duderino 09

optogirl wrote: »

Bloody sure he hasn't. Then he can say 'it's coming' at a non-specific date & time and be proved right.

Ah, that's cynical. Nobody knows when it will come. He's not even saying it's imminent. He's reporting on the economic indicators as they exist now and telling me about them. That's all I want him to do so I've no problem with him doing that.

El_Duderino 09

Thelonious Monk wrote: »

Just back from Zurich where its so well run its almost jaw dropping. Amazing transport and planning. We seem to build our towns and cities based around cars and semi ds and have lots of one off houses all over ireland.
Why is it far better run places like Switzerland can have high rise apartments everywhere with supporting infrastructure but we cant? I know theyve been filthy rich for centuries but planning is just something we dont do. Building up seems to be sacrilege here.

There's an undeserved reverence for the skyline as it exists right now. It was built in the 1700s and some people think it has to be preserved that was for ever. I'd be delighted if they were to build up in cities with the appropriate infrastructure. But it would be expensive and raising money would rock the boat for the already wealthy and the old who don't tent to care about the future.