The Celtic Phoenix - A thread to list the economic miracles of Michael Noonan & Fine Gael

Don’t come in here with your facts.

Probably correlates to the people that don’t have the houses FG decided not to build.

Kwasi O’Doherty wanted us to burn down the structures that give us 65 billion in tax.

We’re essentially hanging by the balls in the hands of a few multinationals. The figures are great to see of course but they’ve been decades in the making and Brexit has helped… But what is Pascal and co doing to grow local small/medium business economies? It’s like we’ve learned nothing from the last crash where we built our foundations on a housing market and all the jobs that go with it… What happens if a few multinationals pull out or run their profits through a different country?
I hope it never happens but we need to do more to build our micro economy… Our tourism. Hospitality. Our native SMEs. These all seem to be in a very bad way.
The other problem with these multinationals is our inability to provide employment for the higher skilled jobs… We simply can’t fill half the roles and go abroad and the money thrown at them then creates a short term influx of highly paid people that will pay higher rents… It’s a false economy. And while your tugging Pascal off with one hand, you’ll be handing out your life savings to your kids with the other hand to try help them live somewhere semi decent.

The figures are great, but we, or whoever is in power, really needs to address the imbalance and take a few eggs out of the multinational basket and look to build back up the micro economy. Fuck knows when times get tough again, which they will, we’ll need it.

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Native SMEs are doing very well off back of multinationals.

Tourism and hospitality - price of hotel rooms suggest they are doing just fine.

We’re a small island economy. Growing any scale of homegrown industry is difficult. Food is an area we’ve been successful.

What is there outside food is largely companies servicing MNCs.

We need to solve the housing issue and keep Ireland competitive. I’d expect job losses and a slow down in tech sector in new year.

Getting to this stage should not be taken for granted and a fiscal misstep or two by SF IRA when they take power (by increasing income tax on the “rich”) could set off a chain reaction.

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We could have followed Kwasi and Mary Sue’s approach and gone like Syriza and Greece.

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SF didn’t break the country and have us up to our tits in debt. You are your kind did that. Own it.

That’s not the point being discussed- at the time I’m not sure if SF were still anti Europe but they were certainly demanding more money would he spent.

We are focusing specifically on the national debt. SF’s approach would have been to repudiate it and cast Ireland off to sea.

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Pearse was over there hand in hand with the hard chaws from Syriza but scuttled off once those lads talked themselves into a further bailout.

SF weren’t in power so it’s a moot convo.

He’s some man to bring up what SF would have done when presented with what FFG actually did

FG and FF have delivered 65 billion in tax receipts.

It’s fucking phenomenal.

:roll_eyes::roll_eyes:

And 240bn of national debt with a housing crisis

80 billion in tax by year end.

Running a budget surplus.

It’s a magnificent fiscal result.

Of course we have challenges but those sorts of numbers mean we have resources and options to deal with things.

The opposition rejected all of the measures that balanced the budget and wanted to boot out multinationals or steal money held in Escrow :man_shrugging:

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You cant have a conversation about the dangers of all our eggs being in one basket and it turns into SF this, Mary Lou that… :rofl:

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We need to hope Kwasi O’Doherty doesn’t ruin us altogether.

If they got the members of dail eireann to declare their properties it might simultaneously fix the housing crisis and up the tax receipts

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Neither were FG.

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