Notes on the Front

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

Category: Uncategorized

  • Austerity’s Hangover

    There’s been a lot of commentary so far on the 10th anniversary of the Great Recession:  jobs, income, consumer spending, growth.  One aspect that has been over-looked, however, is public…


  • Affording Affordable Houses

    Is the Government going to introduce an affordable housing scheme?  There are reports they will do so.  One of the problems is how do we define affordability?  Deputy Eoin O’Broin’s…


  • Fat Cat Wednesday

    Today, just seven working days into the New Year, the average remuneration for CEO’s in the top 21 Irish companies (which represent 95 percent of the market value of the…


  • You Will Not Ignore Us

    Want to reduce inequality?  Raise living standards for low and average income earners?  Increase productivity and give the 1 percent a bit of a kick (that is, reduce their share…


  • Don’t Worry, Taoiseach – You Have Other Problems

    The Taoiseach is worried these days: ‘The Government is concerned that wages will grow too fast next year, damaging Ireland’s competitiveness and undermining future economic growth, Taoiseach Leo Varadkar has…


  • Taking a Break

    Will be taking a break but will back early in the New Year.  I want to thank all those who gave me such a warm welcome after my absence.  Wishing…


  • Where Do Pay Increases Go?

    Short answer – to the top.  But that is only part of the story.  The CSO tracks average weekly incomes by type of employee: Managers, professionals and associated professionals:  in…


  • Forgetting Lessons We Never Learned

    It is amusing to hear talk about learning the lessons from the crash.  Take housing:  we entered the crash due to a housing crisis, with public subsidies in the form…


  • The Spectre Haunting Europe

    There is a spectre haunting Europe – the spectre of de-privatisation, re-municipalisation, and re-nationalisation.   Local, regional and national Governments throughout Europe and in other countries – fed up with high…


  • Childcare Fees Rising – Anyone Surprised?

    Andrew Phelan wrote of his experience on Facebook: ‘So government decide to throw €50 a month our way to help towards Crèche fees. Ok. It’s tiny but I guess every…


  • Prudence is a Socialist Virtue

    During the recession I was amused by the attacks on the Left:  ‘you’re fiscally irresponsible’, ‘if we followed your programme we’d go bankrupt’, etc.  In the ten years prior to…


  • When People Want to Pay More Tax

    Conventional commentary would have us believe that people don’t want to pay higher tax in order to receive more benefits.  But then there’s this interesting survey undertaken by the Department…


  • The Golden Rules

    There are three golden rules of governance: You do not delegate the resolution of a problem to the party that caused the problem You do not delegate the resolution of…


  • Early Rising

    Apologies for being absent from the debate for so long.  I got stuck in traffic.  Now, I am looking forward, again, to the analysis, the proposals and, most of all,…


  • No More Cookies Left in the Cookie Jar

    These days any question of increased resources – whether for investment, public services or social protection – is met with ‘how can we afford it?’, ‘the fiscal rules won’t allow…


  • They Really Can’t be Serious

    Fresh from making a mess of home-ownership policy – in particular, the mortgage subsidy scheme which will increase house prices and end up in the pockets of developers – the…


  • The Slow Steady Rise of Irish Conservatives

    In the last few weeks people have understandably been following the US presidential elections.  However, since the last general election there has been a slow trend emerging in the Irish…


  • Trump-Land

    I suppose it would be expected of a progressive discussing the US Presidential election to describe Donald Trump negatively:  a bigot, a liar, a tax avoider, a sexual predator, a…


  • Bubbling Over with Corporate Tax Revenue

    Of all the statements and comments from Budget 2017 my favourite comes from the Minister for Finance in his budget day speech: ‘We are a small and very open economy…


  • Hangin’ with the 1 Percent

    The 1 percent serves as an excellent symbol of actually existing capitalism.  Examining the inequalities between households gives an insight into the level of solidarity within a country.  Wealth and…


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