Notes on the Front

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

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  • The Decade Long Income Recession

    When is an economy out of recession?  When it returns to and exceeds the level at which it entered the recession.  The economy exited the recession in 2014 – the…


  • Rural Stagnation in the Marketplace

    Some commentators have recently challenged the assertion that there is no recovery outside Dublin.  Dan O’Brien does up the numbers and show, with the exception of the West and recently…


  • What is Wrong with Irish Business?

    Here is one part of a presentation I made to the Nevin Economic Research Institute’s Labour Market Conference held earlier this month in the University of Limerick.  This may seem…


  • Bleak Business

    The Programme for Government has provision for cutting inheritance tax.  This is bleak business.  Cutting inheritance tax will be a bonanza for high-income groups.  Welcome to the new politics, inseparable…


  • Restoring Social Protection Payments

    Why isn’t this on the agenda?  Why are so few talking about it (one exception is Unite the Union, there are other civil society groups in this conversation, too)?  We…


  • Warning: Ultra-Low Spend Economy Ahead

    We are potentially heading down a dangerous stretch of road ahead –leading us into the Ultra-Low spend zone.  In this zone, investment declines and, so competitiveness and productivity; health and…


  • Time to Get Real

    The Stability Programme Update, the latest economic and fiscal projections, signals the start of the budgetary politics that will inform the next Government.  In particular, it shows the level of…


  • Turning Failure Into Hope

    The Sunday Business Post’s investigation into JobBridge was devastating.  The programme has been used to staff the HSE, Hewlett-Packard, public enterprises, supermarkets and universities.  A large number of interns report…


  • Ask the RIght Questions

    The National Competitiveness Council (NCC) has released its latest Cost of Doing Business in Ireland.  It is always an interesting compilation of graphs, charts and statistics that compare Irish competitiveness…


  • Victory to all Retail Workers

    Workers at Tesco’s have voted overwhelmingly for industrial action to resist the proposed wage cuts that management is demanding.  The issue is now going to the Workplace Relation Commission.  This…


  • The Experimenting Government

    We will soon have a government.  What kind will it be?  Time and a Programme for Government will tell.  But what we really need is an experimenting government; one that…


  • Open Season on Public Sector Pay (Again)

    It’s starting.  When the penny drops and the incoming Government finds there is less money in the kitty than their manifesto promises were based on, the scramble for scarce resources…


  • Are We Getting a Fair Deal?

    With all the talk about industrial action and wage claims and wage offers and summer of discontent, etc. etc. etc. it is worth taking a step back and to look…


  • Work Less, Produce More, Be Happy

    With people are returning to work after the bank-holiday weekend, here are some thoughts on reducing the working week – so that people can enjoy the equivalent of a bank-holiday…


  • A Small Kentucky Town Looks to Socialism

    The small town of Somerset, Kentucky had a problem. It was a potentially popular tourist destination because of its proximity to Lake Cumberland but local businesses and residents struggled with…


  • The Astrology of the Irish Economy

    During the Cold War, lack of reliable information about Soviet Union politics forced Western analysts to seek out alternative signs  and portents:  the removal of portraits, the rearranging of chairs,…


  • Its All About Living Standards

    Following on from my recent blog about the squeezed middle which showed that middle income groups received less than the national share of income than the EU-15 average (due to…


  • Over Crisis-ed and Under-Paid

    We have a housing crisis, a homeless crisis, a health crisis, an investment crisis; our education system is under-resourced, our indigenous enterprise sector is out to lunch and the Dail…


  • Un-Squeezing the Middle

    Seamus Coffey has been digging up some numbers which he self- deprecatingly refers to as one more ‘silly addition’ to what can be done with income distribution statistic. But silly…


  • The Economy is What Happens When You’re Busy Making Election Plans

    An interesting piece of information came out from the CSO last week, three days before polling day. It showed increases in employment falling to a trickle. Are we seeing a…


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