Notes on the Front

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

Category: Recession Diaries

  • January 22nd Afternoon: The Recession Diaries

    Finally, some good ol' fashioned common sense is being spoken – and in the Irish Times, as well.  Prionsias Breathnach of NUI Maynooth takes on calls for wage cuts head…


  • January 20th Lunchtime: The Recession Diaries

    Enough is enough.  Nationalise the banks.  Nationalise them now.  A midnight strike.  Put us and the economy out of our miseries.  And start the long road back, if not to…


  • January 19th Morning: The Recession Diaries

    My oh my. My assertion that Ireland is a low-waged economy and that public sector wage cuts will have little impact has generated a lot of comments, some of them…


  • January 13th Evening: The Recession Diaries

    Ever get that sinking feeling – like your tied down to the railway tracks and the train is coming around the bend?  And your rescuers – they're actually waving the…


  • January 11th Lunchtime: The Recession Diaries

    The newspaper articles read like war reports – from the economic front-line on which we are all trapped  The new CSO figures on unemployment confirm this.  Already, leading economists are suggesting the…


  • January 6th Evening: The Recession Diaries

    Higher and higher – that's the way unemployment is going.  Strange this is not getting the attention it deserves.  While the media debates the fiscal meltdown, the 'will-they-or-won't they' cut…


  • January 5th Lunchtime: The Recession Diaries

    Here's one, of many, New Year resolutions I will undertake:  in the future I will not be blase about the deteriorating fiscal situation.  I don't think I have been but…


  • December 16th Taking a Break: The Recession Diaries

    Jeremiah was a bullfrog / He was a good friend of mine / I never understood a single word he said / But I helped him drink his wine /…


  • December 15th Evening: The Recession Diaries

    You know it's getting bad when one of the leading bank economists goes on the national airwaves and suggests that the nation pray.  On Morning Ireland we had a number…


  • December 12th Lunchtime: The Recession Diaries

    What forced Niall Crowley out of his job in the Equality Authority?  Guess.  It was the same vindictiveness that saw the the scrapping of the Combat Poverty Agency as an independent…


  • December 11th Afternoon: The Recession Diaries

    Did anyone catch it?  Stephen Collins did but he didn't give us the maths.  When Minister Lenihan introduced the Finance Bill he made a small amendment in the new income levy,…


  • December 10th Evening: The Recession Diaries

    In Spain, which produces and consumes more olive oil than anywhere in the world, there is a small Andalucian area south of Cordoba – Baena – where the strictest controls…


  • December 8th 2008: The Recession Diaries

    David McWilliams has produced a table.  In fact, two tables (I've collapsed it into one).  Standing on these tables he spreads the gospel – in order to avoid bankruptcy and…


  • December 7th Evening: The Recession Diaries

    Prehead the oven to Gas Mark 5.  Put it in a roasting tray, season with salt and pepper and place on the middle rack.  Cook for 20 minutes a pound…


  • December 5th Morning: The Recession Diaries

    When looking at the economy we tend to look at the hard numbers – rising unemployment, percentage GDP decline, retail sales index, export volume.  Understandable.  But economies are made up…


  • December 3rd Morning: The Recession Diaries

    As my people would say – what the Sam hell!  The Government has announced they are not going to participate in the EU Commission's economic stimulus programme.  They made that…


  • December 1st Evening: The Recession Diaries

    It would be hard to disagree with the following: 'In truth, Gilmore's speech was a master class; the best that he has ever given and, probably, one of the finest…


  • November 28th Lunchtime: The Recession Diaries

    Good bloody grief.  ICTU and David McWilliams have teamed up, calling for the nationalisation of the banks.  Harvey Norman wants to slit his throat and wishes he never heard of…


  • Towards A New Economic Narrative

    This was originally written for Irish Left Review.  Crisis? It’s baby-crunching time. We no longer have the luxury of attacking others’ prescriptions – those issued by the Government, employers’ spokespersons…


  • November 25th Morning: The Recession Diaries

    Imagine you are the proverbial 'business owner', selling goods and services in 'the neigbourhood'. Your customer base is deteriorating fast – people losing their jobs, wage freezes and cut, shorter…


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