Notes on the Front

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

Category: Recession Diaries

  • November 14th Evening: The Recession Diaries

    Some on the Left are trying to put a brave face on the Irish Times poll today. ‘Consolidating’ support at 14 percent is one rationalisation. Another is that the Labour…


  • November 12th Morning: The Recession Diaries

    Over at Cedar Lounge Revolution, WBS is trying very hard to follow the logic of Noel Whelan.  He's made a good fist of it but, truly, Noel would exasperate Aristotle.  I've…


  • Novermber 11th Evening: The Recession Diaries

    How long is this puppy going to bark?  How long is this recession going to last?  Can we look into a crystal ball?  Can we call upon history?  Estimating the…


  • November 10th Afternoon: The Recession Diaries

    Finally, a slim ray of light. ‘The problem we have in the public finances is as a result of the fact that the economy is in a recession . .…


  • Novermber 7th Afternoon: The Recession Diaries

    Maybe I'm getting paranoid but I can't help feeling that we're being primed to blame the incoming Obama administration if our inflow of foreign investment starts drying up, resulting in…


  • November 5th Evening: The Recession Diaries

    Mission accomplished!  Unfortunately, the euphoria is short-lived as we return to the dismal news coming out of our own economy: unemployment rising to over 260,000 with the increase in October…


  • November 3rd Afternoon: The Recession Diaries

    Everybody altogether – let’s help Shane Coleman. In his opinion piece in the Sunday Tribune yesterday Shane took us all to task for being selfish, greedy and indifferent to the…


  • October 31st Morning: The Recession Diaries

    If I were a Fianna Fail Minister I would be embarrassed to go abroad to meet my peer group.  I'd put a bag over my head.  I'd put on an…


  • October 30th Lunchtime: The Recession Diaries

    Does anyone believe the Government know what it's doing?  I'm not talking about the budgetary U-turns or that sinking sensation one gets when viewing images of the troika of Lenihan, Coughlan…


  • October 29th Lunchtime: The Recession Diaries

    Sarah Carey suggests the Government listen to the Opposition. Agreed. As a rule, we should all listen to each other. Of course, Sarah employs a sleight-of-hand. When she says ‘opposition’,…


  • October 28th Lunchtime: The Recession Diaries

    The fiscal meltdown is the result of our economic decline, not the cause.  It seems straight-forward enough, but let's put it another way:  our fiscal imbalance is a symptom of our economic…


  • October 27th Lunchtime: The Recession Diaries

    If there's one country where 'tax' is an even dirtier word than in Ireland, its the good 'ol USA.  To argue for higher taxes in Omaha is no more popular…


  • October 23rd Morning: The Recession Diaries

    To kick public sector workers around the block is in danger of becoming an officially recognised sport; bloated, inefficient, over-paid – and don't even mention pensions.  Tony O'Brien is opining on the best…


  • October 22nd Lunchtime: The Recession Diaries

    Where stands the debate on the unusustainability of 'universalism' now?  The Government has stated that only 5% of over-70s have incomes exceeding €36,400 (€72,800 for a couple) and the cost…


  • October 20th Lunchtime: The Recession Diaries

    They say a picture is worth a thousand words.  I think that's an underestimate. The chart above is taken from an analysis by Dan O'Brien of the Economist Intelligence Unit…


  • October 19th Afternoon: The Recession Diaries

    'The Leader of the Opposition would equally be of the view that he needs to see fairness and equity in the way in which scarce resources are allocated. Can he…


  • October 17th Lunchtime: The Recession Diaries

    It's raining medical cards – in the nightmares of the Fianna Fail backbench TDs.  What were they thinking?  Is the €100 million savings worth the political disaster the Government has…


  • October 16th Early Evening: The Recession Diaries

    You'd think that some people would show a bit of humility.  But Sean Fitzpatrick over at Anglo Irish is not one of those people.  Okay, so during his tenure as…


  • October 15th Early Evening: The Recession Diaries

    Well, at least the business sector was happy.  Not that there wasn't the odd whinge – business spokespersons are forever whinging.  ISME, especially, was in 'bemoan' mode.  'The decision to…


  • October 14th After the Budget: The Recession Diaries

    You gottahand it to Fianna Fail.  A tax package that costs those on low incomes more than those on higher incomes, cutbacks on the newly-made unemployed (that'll teach them to…


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