Indo - "There is no cost of living crisis for majority of people in Ireland says IBEC CEO"

Because maybe the facts support the proposition that there is no cost of living crisis for majority of people in Ireland and targeting supports for those who actually need them is a better, more just and more cost effective use of public money.

You will, of course, be keenly aware that the administration charges for such egalitarian tosh can often cost a lot more than treating every citizen equally would? But hey! the costs to the taxpayer of depriving them of such small bounties is rarely, if ever, factored into governmental thinking.
 
She should have done a McCoy on it and just pulled figures out of thin air?
Is that useful?
No.
She's provided a quote to a media outlet, reasonable to assume it is based on their actual research, such as:

Temporary cost-of-living measures, which have been a feature of this and the last number of budgets, are providing considerable assistance to many households... The organisation said without these measures, the at-risk-of-poverty rate of retired households would be five percentage points higher than had been estimated for 2025.
The at risk of poverty rate is a household with an income below 60% of median income. It doesn't take into account the fact that retired households generally have considerable wealth and aren't paying a mortgage, rent or childcare. It's a really stupid way of identifying who needs financial support and who doesn't. If she takes it seriously as an indication of anything real then that's a good indication that she shouldn't be taken seriously.
Here's some more details from the ESRI if you want details.

Most low-income households had to make high-risk changes to their finances to cope with the cost-of-living crisis, according to new ESRI research. Typical changes included entering arrears, taking on more debt, or eating into savings. These decisions are linked to damaging long-term effects, including on mental health.
How many middle income households with a mortgage or rent have savings to eat into? What that's really saying is that without handouts from the State more old people would have to spend a bit of their children's inheritance. Good. More of that please. Children are far more likely to live in real poverty than pensioners (mainly due to social issues faced by their parent) so I'd rather see the money spent helping them.
 
And, if the cost of living crisis isn't over, then why did they stop?
The cost?
Shift to more targeted measures?

Whether you want to call it a crisis or not, it is clear there is a major issue affecting significant numbers of people.
This is supported by real data from multiple sources.
As opposed to the waffle of someone who doesn't have a clue what they are talking about and demonstrates this by pulling figures out of thin air.
 
How many middle income households with a mortgage or rent have savings to eat into? What that's really saying is that without handouts from the State more old people would have to spend a bit of their children's inheritance. Good. More of that please. Children are far more likely to live in real poverty than pensioners (mainly due to social issues faced by their parent) so I'd rather see the money spent helping them.
It would be far more efficient to let them help themselves by keeping more of their own money.
 
You will, of course, be keenly aware that such egalitarian tosh costs much more to administer than treating every citizen equally would?
Yea, I'd rather live in a country where equality of opportunity was the objective rather than equality of outcome. I don't think we should cast aside that aspiration because the State (meaning the employees of the State who work in the Public Sector) are incapable or unwilling to do their jobs properly.
 
Whether you want to call it a crisis or not, it is clear there is a major issue affecting significant numbers of people.
This is supported by real data from multiple sources.


So be a darling and remind me of the halcyon days when there wasn't some sort of crisis affecting significant numbers of people? Because I must have slept right through that happy time.
 
Yea, I'd rather live in a country where equality of opportunity was the objective rather than equality of outcome. I don't think we should cast aside that aspiration because the State (meaning the employees of the State who work in the Public Sector) are incapable or unwilling to do their jobs properly.
It's never about equality of opportunity nor equality of outcome but keeping the voters happy.
 
So be a darling and remind me of the halcyon days when there wasn't some sort of crisis affecting significant numbers of people? Because I must have slept right through that happy time.
The period from 1997 to about 2005 was in retrospect a fantastic time. It was a pity they mismanaged the public finances and economy from then on.
 
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