Notes on the Front

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

Category: Recession Diaries

  • April 16th Evening: The Recession Diaries

    In time, the acronym NAMA may enter into everyday language, much like Catch-22. But we don’t know,yet, with what inflection it will be used. It could end up something like…


  • April 14th Afternoon: The Recession Diaries

    That wild and whacky outrider of neo-liberalism, Constantin Gurdgiev, has taken a scalpel to the Government’s budget numbers and I find myself . . . agreeing with him. No surprise…


  • Easter Sunday Morning: The Recession Diaries

    Easter Sunday. An odd subject to for a blog on political economy to consider? I don’t think so. I have referred to religious-ethical issues before and on the way revealed…


  • April 10th Lunchtime: The Recession Diaries

    More and more people will have loads of time on their hands to study the fall-out of the emergency budget – the growing numbers who will become redundant or get…


  • Deflation’s End

    This article was originally written for Indymedia I don’t intend to list the outrages that Fianna Fail has perpetrated in yesterday’s budget. We all have scars to show each other.…


  • April 6th Lunchtime: The Recession Diaries

    Dare to spend. That is my advice to Brian Cowen in advance of tomorrow’s budget. Dare to borrow, to invest, to lend: now is not the time for timid measures,…


  • April 5th Lunchtime: The Recession Diaries

    Yes, it does look rather one-sided. IBEC, representing some of the most powerful financial and corporate interests, have called for payments to the weakest interests in society to be cut,…


  • April 2nd Afternoon: The Recession Diaries

    Warning! If you are lucky enough to be invited on to a national radio programme – for example, the Pat Kenny show – to discuss the economic crisis, whatever you…


  • March 31st Lunchtime: The Recession Diaries

    My oh my. Standard and Poor’s (S&P) has downgraded the Irish Government’s credit rating – from AAA to AA+. The fiscal reactionaries are in party-mode. ‘We told you so, we…


  • March 30th Afternoon: The Recession Diaries

    Labour is quickly approaching a crossroads. It is seemingly torn in two directions: a new stimulus strategy that prioritises rising unemployment and declining economic activity; or an accommodation with the…


  • March 27th Lunchtime: The Recession Diaries

    A good friend made a bet with me in January. He wagered the economy would contract by 10 percent or more by the end of the year. I gladly took…


  • March 26th Evening: The Recession Diaries

    Leaving aside the sting in the tail which I will get to below (and it’s a big tail, the sting will really hurt), what would you say about a proposal…


  • March 25th Evening: The Recession Diaries

    Sinn Fein has produced a substantial and positive contribution to the debate on creating and saving jobs in our recessionary economy. ‘Getting Ireland Back to Work’ contains more than 80…


  • Dear Sarah

    This was originally written for Irish Left Review Dear Sarah I read with interest your recent Irish Times column - 'Nemesis for decades of cosy consensus on tax‘. I was particularly struck…


  • March 19th Evening: The Recession Diaries

    The slogan 'Capitalism is boring' was championed by the Laboratory of Insurrectionary Imagination (though whether they first came up with it, I don' t know; I suspect workers down the…


  • March 18th Morning: The Recession Diaries

    There is a sense that, if we could just overcome these temporary setbacks (recession, credit crunch, low export demand) then we might find our way back to a more benign…


  • March 16th Afternoon: The Recession Diaries

    Mark Conroy, who kindly posted my essay ‘Towards a New Economic Narrative’ on Indymedia, noted my comment that it was growing quickly out-of-date and asked: 'In what way is it…


  • March 12th Evening: The Recession Diaries

    Indymedia has kindly posted my article ‘Towards A New Economic Narrative’. But I fear it is quickly growing out of date. The speed at which the economy is melting down…


  • March 9th Evening: The Recession Diaries

    Jim O’Leary rightfully points out our tendency to view our problems in isolation from the rest of the world – as if we were somehow unique. He suggests we look…


  • March 5th – Helping Out the Brians: The Recession Diaries

    So, the Brians are asking for advice. We should not begrudge them. It is time for all ‘good patriots’ to step forward and give our faltering government a helping hand.…


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