Notes on the Front

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

Category: Uncategorized

  • How Many Thousands of Jobs Will Be Destroyed in Budget 2014?

    In the run-up to the budget all the talk is of how many jobs will be destroyed as a result of Government measures.  Well, not really.  But it should be. …


  • Sea of Debt

    Come with me, my payee / To the sea . . . the sea of debt / I want to tell you / How much I owe you  Do you…


  • Take-Home Deprivation

    There is a common assumption that deprivation is a condition associated with unemployment.  But if you get a job, you can work your way out of poverty and deprivation.  That…


  • Disincentive to Work? What Work?

    Are you getting tired of unsubstantiated claims that social protection payments are a disincentive to taking up a job?  Me, too.  These assertions pass for informed commentary on the unemployment…


  • Wages and Economic Recovery: Lift the Floor!

    In a follow-up to it pre-budget submission, UNITE has produced a smaller document – Wages, Labour Rights and Economic Recovery – developing proposals on wages and labour rights.  Though these…


  • Since the Government Took Office

    So we’re out of recession.  But, as the Minister for Finance warned, we shouldn’t start throwing our hats in the air.  We’re still in a domestic demand recession with investment…


  • Don’t Ask What the Business Sector Can Do For Ireland

    In the run-up to the budget all manner of proposals are being put forward –tax measures, spending cuts.  We debate what sacrifice this or that groups can make to bring…


  • Welcome to the New Poverty – Insolvency Poverty

    Today the new insolvency service goes live.  Today is the beginning of a new kind of poverty – insolvency poverty. Our rulers, giving deep consideration to the problems posed by…


  • Beyond Austerity

    UNITE has launched its pre-budget submission entitled, ‘Beyond Austerity’.  It puts forward a number of proposals that seek to expand economic activity – growth, investment, employment and consumer spending which…


  • Stop the Presses! Cutting Public Sector Employment Actually Increases the Debt

    Well, well, well.  You know that policy of reducing the number of public sector employees?   Nurses, Gardai, civil servants, local authority workers?   The Government trumpets the success of this downsizing: …


  • Hold Your Breath – We’ll be Underwater for a Very Long Time

    Kevin O’Rourke links to an interesting paper by Jeff Frankel which discusses different ways recessions are measured.  The standard European measurement says that when an economy falls two quarters in…


  • An Opportunity to Strike a Small Blow for Equity and Efficiency

    The Government will soon be issuing a consultation paper on the forthcoming Broadcasting Charge to be levied on all households.  This is intended to replace the television license fee and…


  • UNITE’s Seminar: Beyond Austerity

    The following power-points were presented at UNITE's seminar 'Beyond Austerity' held on July 11th. Tom Healy, Director, Nevin Economic Research Institute:  Budget 2014:  The context  Download Tom Healy Camillie Loftus,…


  • The Property Market: Money Flows to the Top

    I usually don’t do too much work on property prices. However, an article in the Sunday Business Post regarding the sale of high-end residential properties got me interested.  If there…


  • UNITE Pre-Budget Seminar: Beyond Austerity

    Following a series of austerity Budgets which have shrunk the economy, reduced social protection benefits and cut workers’ take home pay, the time has come to look Beyond Austerity –…


  • In Search of Those 2,000 Jobs Per Month

    A number of Government Ministers – Richard Bruton in particular – have claimed that the economy is creating 2,000 private sector jobs per month.  This is intended to show their…


  • There is No Need for Spending Cuts in Budget 2014. Full Stop.

    First, the good news:  there is no need for spending cuts in Budget 2014.  This should come as a relief to people on social protection, users of public services, people…


  • Bloody Disaster

    A good friend of mine took one look at the CSO’s National Quarterly Accounts released today and described it in two words:  ‘f****** awful’.  As this is a family-friendly blog…


  • You Don’t Earn Much Money – Get Used to It

    It is reported that the Minister Richard Bruton will propose that tax cuts are needed to keep the economy on course.  Well, at least this has the virtue of consistency…


  • Never-Ending Austerity Amidst the Ruins

    Ministers are fond of telling us that we are 80 percent through the dark austerity forest.  Soon, maybe within a couple of years, we will enter into the light where…


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