What, talking about a recovery in the world economy some time next year? The man's a hopeless optimist. The global economy will be lucky to see any recovery before 2010. It might filter through into Ireland by 2011.A bit pessimistic wasn`t it?
I liked the way he claimed to have "in a sense" seen it coming. And yet he was promoting overseas property up to the last minute!
I imagine in years to come Ireland will be held up as the prime example of how not to manage a property boom & bust.
I'm not quite sure I see the consistency in advising people to hold off on buying property now, just 18 short months after his heavy selling job for his own 'Brendan Investments'.Tom123; said:764468 He's been consistent.
It would be nice if he got his facts straight first. I'm a public servant and I have no guarantee of security. I was speaking last week to a lady from the Combat Poverty Agency who is losing her job shortly, as a result of that agency being absorbed (silenced) back into DSFA. So where is this so-called 'security of tenure' that he is basing his proposal own. Perhaps instead of whinging about the cost of public sector DB pensions, he would look at the cost of tax relief given on all pension contributions, which in fact costs more than the entire public sector pension bill.I particularly liked his suggestion-NOT-to tax the security of public sector employment as benefit-in-kind and yet he is against cutting public sector pay!!
I agree with - complainer - ...... Govt should look at tax on pension contributions
Public sector employment was not sought after for the last number of years because most people realised that there was more money to be made in the private sector and I take my hat off to people who made a conscious decision to chose this route, but we're all big boys now and suddenly the jobs that people, not so long ago didnt want, are sought after again.