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ArtyisBack

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Joined
Sep 2, 2009
Messages
6,090
This time it is East Belfast. The old technologies are no longer viable. It will take alot of McDonalds and/or tourist guides to make up for the sustained loss of engineering jobs.

The economic underpinning of the north is not capable to shore up its chronic lack of foreign investment as it is competing with the Republic which is far better geared for foreign companies. The link with Britain is costingjobs. Time to break the shackles and join with the Republic if you want a future worth living.

BBC News - Defence firm Thales to cut jobs in Belfast and Crossgar
 

ArtyisBack

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Joined
Sep 2, 2009
Messages
6,090
The continuing trend in the republic is down. As evidenced in the Live Register ublished by the CSO just recently.

http://www.cso.ie/en/media/csoie/releasespublications/documents/latestheadlinefigures/lreg_oct2012.pdf

a trend that IBEC also agrees with. to quote their report

BEC senior economist Reetta Suonperä said: "Tackling unemployment is the key challenge facing Government, and this needs to be reflected in the measures taken in Budget 2013. The most damaging thing Government could do would be to add to the cost of employment. If employment costs rise companies will be much less likely to take on new staff. The private sector is the engine of the economy and it is vital that the Government does not undermine its ability to drive growth and create jobs.


"Overall, 2012 is likely to be the last year of falling employment as the impact of cuts to public sector employment recedes and the rate of decline in the domestic economy slows. Next year should see a stabilisation, with a very marginal increase in employment. However, any recovery is predicated on the Government not adding to the cost of employment."
The Republic has turned the corner. However the north, having been buffered to a certain extent, is still on the downward trend and it is not likely to see that bottom for some time.

I see from your links that the "new" jobs are to be created in retail. As repeated ad infinitum retail parks do not an economy make. I ask you how many of these jobs are actually "new". How many are due to displacement/ and how many are transient?

This is not a development to crow about.

In the Republic manufacturing output growth accelerated to four-month high in October amid stronger rises in both output and new orders. Job creation was also recorded again during the month. Here manufacturing is declining.

And that is the problem. If you do not value add or just simply make stuff to sell you re in trouble.

The north situation is approaching dire. The link to Britain is not helping as seen from my previous post. In fact it is an albatross.
 

between the bridges

Well-known member
Joined
Sep 21, 2011
Messages
45,672
The continuing trend in the republic is down. As evidenced in the Live Register ublished by the CSO just recently.

http://www.cso.ie/en/media/csoie/releasespublications/documents/latestheadlinefigures/lreg_oct2012.pdf

a trend that IBEC also agrees with. to quote their report



The Republic has turned the corner. However the north, having been buffered to a certain extent, is still on the downward trend and it is not likely to see that bottom for some time.

I see from your links that the "new" jobs are to be created in retail. As repeated ad infinitum retail parks do not an economy make. I ask you how many of these jobs are actually "new". How many are due to displacement/ and how many are transient?

This is not a development to crow about.

In the Republic manufacturing output growth accelerated to four-month high in October amid stronger rises in both output and new orders. Job creation was also recorded again during the month. Here manufacturing is declining.

And that is the problem. If you do not value add or just simply make stuff to sell you re in trouble.

The north situation is approaching dire. The link to Britain is not helping as seen from my previous post. In fact it is an albatross.
some corner
Mr Kenny said that the bank debt issue comprised the recapitalisation of Irish banks which had already taken place, and the Anglo promissory notes.
He said he hoped that both elements required that the level of debt, which he described as a crushing burden, had to be "re-engineered".
The Taoiseach added that Ireland had received "a great deal of support" from the IMF, the ECB, the European Commission and political leaders.
"I hope that being serious ourselves, and proving that we're serious as we manage to move towards an exit of this bailout, that assistance will give us extra help."
Mr Kenny was speaking at the Konrad Adenauer foundation, a German think tank, ahead of the summit of EU leaders in Brussels.
Taoiseach: 'No deal on bank debt by end of year' - RTÉ News

anyway 'ulster's' soooo 'doomed' the blog hasn't had a comment in two years...
 

vivabrigada

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Joined
Nov 17, 2011
Messages
20,304
This is not a development to crow about.
Considering the worldwide reputation the Orange Order generated over drumcree, the opening of an envelope in Portadown is something to crow about.
 

vivabrigada

Well-known member
Joined
Nov 17, 2011
Messages
20,304
C

Castle Ray

This time it is East Belfast. The old technologies are no longer viable. It will take alot of McDonalds and/or tourist guides to make up for the sustained loss of engineering jobs.

The economic underpinning of the north is not capable to shore up its chronic lack of foreign investment as it is competing with the Republic which is far better geared for foreign companies. The link with Britain is costingjobs. Time to break the shackles and join with the Republic if you want a future worth living.

BBC News - Defence firm Thales to cut jobs in Belfast and Crossgar
What a load of sh1t.

You really are a bitter bigot. Imagine gloating over redundancies. Pathetic.
 

ArtyisBack

Well-known member
Joined
Sep 2, 2009
Messages
6,090
What a load of sh1t.

You really are a bitter bigot. Imagine gloating over redundancies. Pathetic.
Who is gloating - running from the facts and shooting the messenger is the only reply you have. Looks as if the reality is starting to bite. There is a way out of the mess. It is to join with the republic.
 

ArtyisBack

Well-known member
Joined
Sep 2, 2009
Messages
6,090
C

Castle Ray

Who is gloating - running from the facts and shooting the messenger is the only reply you have. Looks as if the reality is starting to bite. There is a way out of the mess. It is to join with the republic.
You are gloating and using a global recession to progress your sectarian delusion of Eire utopia for NI. What a load of sh1t and your OP contained sh1t from start to finish.
 

ArtyisBack

Well-known member
Joined
Sep 2, 2009
Messages
6,090
You are gloating and using a global recession to progress your sectarian delusion of Eire utopia for NI. What a load of sh1t and your OP contained sh1t from start to finish.
Hardly a global crises when you consider that the decline of the north since partition. From being the powerhouse of Ireland to this? get your head out of the sand. Partition has failed economically. It is an unescapable fact
 
Last edited:

Mickeymac

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Joined
Jun 30, 2010
Messages
38,191
The guy compiling it has died - a Protestant by the way. As for the so called bailout you will find that Ireland is on target to clearing it. Partly due of course to their more robust economy.


Not a good thanksgiving for the onionist bigots when they read above.:lol:
 
C

Castle Ray

Hardly a global crises when you consider that the decline of the north since partition. From being the powerhouse of Ireland to this? gd out of the sand. Partition has failed economically. It is an unescapable fact
Did you even read the link you pasted into the OP?

Your idiotic extrapolated conclusions are blinkered nonsense, and certainly not fact.
 

ArtyisBack

Well-known member
Joined
Sep 2, 2009
Messages
6,090
Did you even read the link you pasted into the OP?

Your idiotic extrapolated conclusions are blinkered nonsense, and certainly not fact.
Yes I have read it and I am in agreement with the UU MLA who said that the north needs high salaried jobs of the calibre that I imagine Thales provides, and as he said, cannot afford to lose. I was pointing out to you that the post you made is incorrect in its assumption that these losses are attributable to the global crises that at present engulfs the world. They are not. They would happen anyway. This is due to a number of factors but the most obvious is the fact we are locked into an economic cycle that is designed for the south east of England whereas the economy would work better if it was in the Irish cycle.

The six counties have been in decline since partition. It is a simple unescapable fact.
 
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