T McGibney
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That's easy. There won't be a general, local or European election in this country until 2029.
That's easy. There won't be a general, local or European election in this country until 2029.And, if the cost of living crisis isn't over, then why did they stop?
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.
No.She should have done a McCoy on it and just pulled figures out of thin air?
Is that useful?
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.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.
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.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.
The cost?And, if the cost of living crisis isn't over, then why did they stop?
It would be far more efficient to let them help themselves by keeping more of their own money.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.
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.You will, of course, be keenly aware that such egalitarian tosh costs much more to administer than treating every citizen equally would?
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.
It's never about equality of opportunity nor equality of outcome but keeping the voters happy.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.
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.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.
Maybe because the "gravy train" that is corporation tax due to drop significantly?And, if the cost of living crisis isn't over, then why did they stop?
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.
Looks like the cost of living "crisis" effects up to 20% of the population. Who knew?"A new ‘Signed Article’ by Central Bank of Ireland researchers examined Irish household savings trends. It found that since 2023 80pc of Irish households are in a position to save, with average weekly incomes that run ahead of average weekly spend."
One point to remember is that the number of households is not the same as the population.Of that 20% those who are retired and who have substantial savings or assets should, for obvious reasons, be removed from the data group.
Those who are comfortable but just about live within their means should also be removed.
Are we talking about 10-15% of the population?
List of crisis;
Cost of living crisis.
Healthcare recruitment and retention crisis.
Teaching recruitment and retention crisis.
Housing crisis.
Rental cost crisis.
...add as appropriate.
That's easy; Sinn Fein getting into power.I always wonder what would the metrics be for an end to the housing crisis.
I always wonder what would the metrics be for an end to the housing crisis.
I wouldn't call it significant but that notwithstanding being able to save less doesn't mean your household is experiencing a cost of living crisis, it means that it has less of a surplus.So there's been a significant negative shift in saving patterns here compared to our EU peers.
I always wonder what would the metrics be for an end to the housing crisis.
Sinn Fein getting into power.
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