pay as a % of Gross current spending is 35%. Therefore of the 400m we are borrowing every week, we are in effect borrowing 140m a week to pay for public sector pay & pensions. Why can't the union bosses face up to that?
Ok, so whats the answer. Cutting PS pay by 35%?
I accept that cuts have to be made, but at what point will it be accepted that PS have taken enough of a cut?
I accept that cuts have to be made, but at what point will it be accepted that PS have taken enough of a cut?
Ok, so whats the answer. Cutting PS pay by 35%?
When the books balance then there will have been enough cuts. We don't know when the books will balance.I accept that cuts have to be made, but at what point will it be accepted that PS have taken enough of a cut?
When the books balance then there will have been enough cuts.
When the books balance then there will have been enough cuts. We don't know when the books will balance.
Which brings me back to the first post, which says pay is 35% of gross current spending. The more pay thats cut the less PAYE, PRSI etc thats taken in and the more eligible people are for FIS and medical cards. So will we ever get to a point where the books balance unless more people are taken of the dole queues and start contributing to the tax take?
Ignoring the banking bail-out for a moment
No - we're not. Whatever we are borrowing is being used to pay for public services - it's kind-of importannt to remember that these services are important.we are in effect borrowing 140m a week to pay for public sector pay & pensions
That's a bit like ignoring the cloud of volcanic ash - it's just too big to be ignored.
No - we're not. Whatever we are borrowing is being used to pay for public services - it's kind-of importannt to remember that these services are important.
Yep, that tends to happen when you need lots of nurses/teachers/parkies/H&S inspectors etc.Nobody is saying public services are not important. What I'm saying is that
35% of gross current spending (which we are borrowing 400m a week to pay for) is going on pay.
Yep, that tends to happen when you need lots of nurses/teachers/parkies/H&S inspectors etc.
Ah the old 'Have you stopped beating your wife yet' style of questioning returns.So which is it - are our wages too high or do we have too many on the payroll (assuming we don't want to continue to borrow 140m a week)?
Ah the old 'Have you stopped beating your wife yet' style of questioning returns.
I take it then (post 16) that you are happy for us to borrow 140m a week for pay?
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