Rubbish, we are the Celtic Tiger! Everything is great here. So what if we have some of the highest wage rates in Europe? So what if we have crap infrastructure? So what if we now have to compete with East European economies that are much cheaper and have the same progressive tax rates? So what if public sector wage increases are driving up costs throughout the economy? So what if we have some of the most expensive utilities in the EU? So what if our inflation is about the highest in the EU? None of that matters, it'll all be grand. We just have to keep out head's in the sand and ignore the fools who think that basic economic principles apply to the Irish economy. Remember; they are the same people who said that property price increases were not sustainable! I bet they feel stupid now!Heard this morning that Dell are cutting 450 jobs in Ireland. I think this will have a major knockon effect to the wider economy. Won't be long before the other multi-nationals take notice and review the cost of doing business in ireland....hold on tight folks & keep the SSIA money for emigration!
BravoRubbish, we are the Celtic Tiger! Everything is great here. So what if we have some of the highest wage rates in Europe? So what if we have crap infrastructure? So what if we now have to compete with East European economies that are much cheaper and have the same progressive tax rates? So what if public sector wage increases are driving up costs throughout the economy? So what if we have some of the most expensive utilities in the EU? So what if our inflation is about the highest in the EU? None of that matters, it'll all be grand. We just have to keep out head's in the sand and ignore the fools who think that basic economic principles apply to the Irish economy. Remember; they are the same people who said that property price increases were not sustainable! I bet they feel stupid now!
And what did we do? We put them all back in charge again....
And what did we do? We put them all back in charge again....
So who let them get uncompetitive? How long have they had to sort it out?
Agreed.I blame Bertie all the way. He's the one who won't make the hard (unpopular) decisions. Charlie McCreevy would and did and that's why he was shipped off to Europe. He's not in charge now, more's the pity.
Cowan would be better than Bertie, Pat and Enda would be worse.
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