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Category Archives: Economics
Talking Point with Sarah Carey on the relevance of Unions
Tuesday, August 6, 2013
We were on Talking Point with Sarah Carey on Newstalk 106 on Saturday talking about the relevance of Trade Unions in modern Ireland.
bOOm BusT! Why do we keep making the same mistakes?
Tuesday, May 21, 2013
Almost everybody knows a person who is in a less than ideal relationship and who says to themselves ‘why do they stay with that person?’. There is no simple answer, but then again, how can we be dumbfounded in particular when we suffer the same delusion in general? You see, the same problems haunt us […]
Why do we keep making the same mistakes? From one bubble to another…
Tuesday, May 14, 2013
Almost everybody knows a person who is in a less than ideal relationship and who says to themselves ‘why do they stay with that person?’. There is no simple answer, but then again, how can we be dumbfounded in particular when we suffer the same delusion in general? You see, the same problems haunt us […]
Austerity hurts because it works.
Monday, March 4, 2013
I saw a t-shirt once that had a picture of a pyramid and it said ‘slavery, it gets sh1t done’. While I don’t agree with enslaving anybody, it makes a point that sometimes the unpalatable is also the most practical. Which is why when I hear people bemoan how we are enslaving future generations because of the bank bailout or promissory note deal I secretly die inside, we are doing that already. The Economic and Fiscal Outlook of 2013 (if you look it up check out table 12) shows that irrespective of banks that we’d be short to the tune of €40bn between 2012 and 2015.
TV3 Morning Show -The working poor…
Thursday, February 7, 2013
On this segment we discussed the ‘working poor’ and how it occurs due to taxation, wage cuts, debt and rising costs.
Europe is still a mess…
Thursday, December 13, 2012
I know that we are all still reeling from the budget, but we don’t exist in a bubble, how are other countries doing at the moment? According to the OECD they world economy will make a ‘hesitant and uneven recovery over the next two years’, they reckon that Europe will remain in recession until early 2013 with anaemic growth at best next year before moving towards a higher (but still deplorable) growth of 1.4% in 2014.
Bludget 2013
Monday, December 3, 2012
The term ‘bludget’ is from a garbled sentence made by Marian Finucane when she went to say ‘budget’. That’s the fact of the term, what I prefer to think of it as (and in my head I rule supreme) is as a mash up of ‘bludgeon’ and ‘budget’ because it tends to be a good combination of the two, a budget with a financial beating thrown in. The budget will become virtually all of the financial news this week, the big changes for most of us will be the new property tax, and then dealing with whatever stealth method that is used to make us less well off while not ‘raising tax’. This charade is old and well versed, for instance, a few years ago the tax rates weren’t raised but the bands were lowered meaning you would start to pay the higher rate of tax earlier, that higher rate of tax now kicks in at €32,800 while the average industrial wage is about €35,000. So if you are ‘just average’ in earnings, for about 10% of that you are ‘above average’ in terms of the tax rate you’ll pay, which is where the rate more than doubles from 20% to 41%.
A better way for dealing with unemployment
Monday, November 26, 2012
I have mentioned in the past that it’s a real pity to have so much un-utilized talent as a result of unemployment, and for that reason it is worth asking whether or not the dole is the right solution for people when they lose a job
Beating the Banks
Wednesday, October 24, 2012
I do my best to help you with your money concerns, and that is why this week I want to teach you how to ‘beat the bank’, it’s time to turn their tricks back against them Firstly, look at the way the banks hit you for your cash.