Notes on the Front

Commentary on Irish Political Economy by Michael Taft, researcher for SIPTU

Month: July 2008

  • July 12th Morning: The Recession Diaries

    What do you call this?  Eamon Gilmore, TD read out in the Dail a statement by Brian Cowen, TD from 2004 when the latter was Minister for Finance.  Mr. Cowen…


  • July 11th Friday Morning: The Recession Diaries

    Friday morning and I’m looking forward to the weekend and hopefully catching a few rays.  A friend, however, sends me a copy of the Goodbody report – the most pessimistic…


  • July 10th Lunchtime: The Recession Diaries

    ICTU is playing some hardball.  Recently, David Begg suggested that inflation could go as high as 6.5 per cent.  He’s probably not far off the mark.  Today’s CSO’s figures show…


  • July 9th Early Evening: The Recession Diaries

    God bless IBEC.  If it didn’t exist we’d have to invent it – if only to fully understand how you can manipulate an argument out of all recognition from the…


  • July 9th Lunchtime: The Recession Diaries

    No matter what point in the economic cycle a country is in, the science of history gets a battering.  But in recession times, history is just simply invented.  Take Professor…


  • July 8th After the Cabinet Cuts: The Recession Diaries

    Pat Leahy opines in the recent Sunday Business Post: The challenge for Cowen is to give leadership in these circumstances of real threats to our national interest. It won’t be…


  • July 8th Lunchtime: The Recession Diaries

    Thank god someone is talking common sense.  Tom O’Connor, economist at the Cork Institute of Technology, was on Morning Ireland arguing that rather than cutting expenditure, we should be looking…


  • July 7th After Tea-time Pints: The Recession Diaries

    Out for pints with a friend who treats Exchequer monthly returns like the Racing Post – forever checking the forms of the various revenue streams and then predicting the next…


  • July 7th Afternoon: The Recession Diaries

    Some people ask me – why is everything collapsing? Okay – so there aren’t a whole lot of houses being built. Can that possibly explain this sudden drop? The last…


  • The Recession Diaries

    Apologies for being away for so long – work pressure and all.  And what a time – recession time!  It’s hard to know what is more depressing:  the fact of…


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Commentary on Irish Political Economy by Michael Taft, researcher for SIPTU