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2013 budget leaks starting early


Howya

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Joined
Feb 29, 2012
Messages
1,690
We usually don't see the kite flying and leaks until later in the year - is the promise of an easier budget something to hide all the other bad news....

Next budget will ease austerity, says FG Minister - Irish News, World News & More | The Irish Times - Mon, Apr 22, 2013

As preliminary talks started on this year’s budget in recent weeks – it will be announced two months earlier than last year – high level sources in Government have said there will be a significant package included in the announcement to recognise the sacrifices middle-class taxpayers have endured over the past five years, through a combination of higher taxes and pay cuts.
 

ruserious

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Joined
Jan 3, 2011
Messages
29,597
Middle class? Jee, we've really joined the yanks eh.
 

Schomberg

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Jul 6, 2009
Messages
12,341
Until the cost of living starts dropping I can't see what kind of "significant package" they think people will be happy about. You won't have to pay as much tax but well you do now need to pay for X. It still costs people an arm and a leg just to live in Ireland and the costs are just going up. What needs to happen is more mundane reworkings of the basics that give people more spending power and less penny pinching. Could start with sorting out the fact that nowadays families almost invariably need both parents in full time employment and shouldn't have to shell out 80% of one persons wages to childcare etc etc. The tax hike necessary to do the small but effective changes for a society like this are far far cheaper to the tax payer than the current set up.
 

enuffisenuff

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Joined
Sep 27, 2011
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3,462
 

nonpartyboy

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Joined
Dec 24, 2006
Messages
6,857
This is nothing but long finger spoofing to get the unions on side for croke pk 3........i wouldn't believe a word of it......joan burton got one thing right...... ordinary workers have had enough.......time for others to play their part.
 

emulator

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Joined
Oct 20, 2010
Messages
10,262
Just read the everything on the IMF's site if you want know what going on....

They (IMF) have told the government not to go too hard if things are looking dicey near the end of this year that any corrections needed to the program (because of incorrect forecast) can be sorted in 2015.

There will also be cash coming soon from the imminent sale of State assets. There has already been agreement on using some of this for something other than paying down debt.... ie. stimulus for growth.

It seems the IMF and the EU are ALL about growth now..... gas, after strangling the economy for years.

Hey ho....
 

nonpartyboy

Well-known member
Joined
Dec 24, 2006
Messages
6,857
Just read the everything on the IMF's site if you want know what going on....

They (IMF) have told the government not to go too hard if things are looking dicey near the end of this year that any corrections needed to the program (because of incorrect forecast) can be sorted in 2015.

There will also be cash coming soon from the imminent sale of State assets. There has already been agreement on using some of this for something other than paying down debt.... ie. stimulus for growth.

It seems the IMF and the EU are ALL about growth now..... gas, after strangling the economy for years.

Hey ho....
If the "poster" boy has had enough.......then you can be guaranteed the greeks, spanish, portuguese etc have as well...........the brits printed, the americans printed, it's only the bloody germans that are stopping the euro inflating our way out of this. This debt will NEVER be paid off the way we are going, you can't deflate an economy and expect to have loans paid back.....it's insane.

Solve the problem now, on the basis that rules are put in place that this can NEVER happen again..........or until the capitalists want to "relax" regulation and start the whole thing again.
 

Howya

Well-known member
Joined
Feb 29, 2012
Messages
1,690
Just read the everything on the IMF's site if you want know what going on....

They (IMF) have told the government not to go too hard if things are looking dicey near the end of this year that any corrections needed to the program (because of incorrect forecast) can be sorted in 2015.

There will also be cash coming soon from the imminent sale of State assets. There has already been agreement on using some of this for something other than paying down debt.... ie. stimulus for growth.

It seems the IMF and the EU are ALL about growth now..... gas, after strangling the economy for years.

Hey ho....

I suspect it is all just noise and hot air - there won't be any real action dealing with the debt over hang and the economy will continue to stutter. But the sound bites make the politicians feel important.
 

friendlyfire

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Joined
Sep 8, 2011
Messages
2,544
It's austerity for years with the economic news out of Europe this year has been almost relentlessly bleak, and last month it was reported that economies across the Eurozone are shrinking again, with a double-dip recession looking increasingly likely.

Keep flying the kites because that is all they have left.... deluded clowns!
 

feargach

Well-known member
Joined
Dec 11, 2006
Messages
4,995
Just read the everything on the IMF's site if you want know what going on....

They (IMF) have told the government not to go too hard if things are looking dicey near the end of this year that any corrections needed to the program (because of incorrect forecast) can be sorted in 2015.

There will also be cash coming soon from the imminent sale of State assets. There has already been agreement on using some of this for something other than paying down debt.... ie. stimulus for growth.

It seems the IMF and the EU are ALL about growth now..... gas, after strangling the economy for years.

Hey ho....
What a pity no one could have spotted this coming.

Back there in 2009, everybody was like "Austerity is like all our Christmases coming at once, the deficit will vanish immediately and the economy will grow, grow, grow. Wow, Greece is cutting very big, so they're going to grow huge!".

If only there were some economists out there pointing out that starving the economy of demand would actually have the same effect as starving a fire of oxygen. We definitely would have listened to them carefully and adjusted our mistaken beliefs accordingly.
 

Analyzer

Well-known member
Joined
Feb 14, 2011
Messages
46,201
I will believe in austerity when I see Big Fill flying Ryanair, and Gimmemore handing back the site money.
 
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