They’ve even converted Bressie to Marxism.
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That’s a very Marxist view of things and it’s complete baloney.
When the economy is performing well the government deserves credit; however, when the economy is performing badly it can be put down to Ireland having an open economy, vulnerable to external forces etc.
Is the Irish economy doing well outside a handful of multinationals? Our domestic economy is in the bin
Pubs, shops, restaurants closing in rural towns and most working people having little or no disposable incomes are good signs mate.
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We’ve lads buying EVs out the wazoo and Muldoons skiing.
The data says otherwise
Irish households saved more money in the second quarter of the year despite continued pressures from rising interest rates and the cost of living, with increases in wages and salaries outpacing inflation, new figures from the Central Statistics Office (CSO) show.
The household saving rate was just under 12 per cent in the second quarter (April to June), rising from 10.63 per cent in the first three months of the year.
Households saved a total of €6.7 billion in the quarter, with €1.1 billion added to bank deposits and investment in homes at €2.5 billion.
The increase in saving marks a second quarter of rises and a shift away from seven successive quarters of decline in 2021 and 2022. But the rate is still far lower than the peak recorded in the first quarter of 2021, when the pandemic restrictions helped push the saving rate to more than 28 per cent. The average savings rate during the Covid-19 pandemic was 20 per cent, with Irish households placing an additional €16 billion on deposit during the pandemic.
Yeah people need to save more to spend it on their kids 3rd level education, another ever increasing expense mainly due to the housing crisis.
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Tis a whole new world out there.
Happy out
why is this a news item on RTE?
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Is that real? is has to be photoshop
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Unfortunately, it’s real.
We’re not a serious country.
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RBB like the hungover lad who shows up for work forgetting it’s Casual Friday
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Big Bird
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