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A 3.1 billion Anglo promissory note needs paying. . So the Govt is looking to raid PS workers again.


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RobertW

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On 31 March over 3,100 million euros will be handed over to pay off an Anglo Promissory Note whilst, at the same time, the Government (this time under FG/Lab) will be coming looking to raid the pockets of public sector workers for a third separate time whilst those same workers are subject to the same cuts as every other as taxpayer.

A further intent to force public sector workers to give more through worsened terms and conditions of employment will be made.

Unable to pay their bills most public sector workers will have had enough.

So are public sector strikes now inevitable?
 

YouKnowWhatIMeanLike

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On 31 March over 3,100 million euros will be handed over to pay off an Anglo Promissory Note whilst, at the same time, the Government (this time under FG/Lab) will be coming looking to raid the pockets of public sector workers for a third separate time whilst those same workers are subject to the same cuts as every other as taxpayer.

A further intent to force public sector workers to give more through worsened terms and conditions of employment will be made.

Unable to pay their bills most public sector workers will have had enough.

So are public sector strikes now inevitable?
@RobertW what a spoofer
 

curiousorange

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Yet another "beal bocht" thread from the OP about the true victims of the recession, the Irish Public sector.

One wonders what portion of Irelands national debt has gone into their pockets over the years?
 
D

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Yet another "beal bocht" thread from the OP about the true victims of the recession, the Irish Public sector.

One wonders what portion of Irelands national debt has gone into their pockets over the years?
Sounds to me like you'd prefer to see the money go to billionaire bond holders or be used to fuel a bonfire of economic madness than be used to pay our own public servants. What's your problem?
 

Taxi Driver

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Promissory Notes = Change in the composition of the stock of debt
Public Sector Pay = Component in the annual flow of the deficit

#1 requires no extra borrowing. We already did that back in 2010.
#2 requires extra borrowing. We are doing that to the tune of €15 billion a year.
 
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