Budget 2014 Missing the Targets:

Over at the Blog of Dr. Constantine Gurdgiev  I have just read his excellent analyses on the current situtiation regarding the latest budget from our hapless gombeens in the Government. I do hasten to add that I do not agree with everything he says but it is never the less an excellent piece!

Recent events have led to a significant reframing of the Budget 2014. With these, the Government is now actively signaling a more accommodative stance on next year’s cuts. Alas, the good news end there and the bad news begin. Any easing on austerity in 2014 will be unlikely to produce a material improvement in household budgets. In return, the Government will be placing huge hopes on robust growth returning in 2014. If this fails to materialise, lower austerity today will spell more pain in 2015. Like a dysfunctional alcoholic, unable to stop binging at closing time, we ignore tomorrow’s hangover.

full article at source:http://trueeconomics.blogspot.ie/

Related articles

• Welcome to TAX haven Ireland for the rich and Austerity hell for the ordinary Joe! (thepressnet.com)
• Ireland unveils 7th straight austerity budget seeking to narrow 2014 deficit, exit bailout (foxnews.com)

Transparency in Ireland

Absolutely nothing has changed almost a year later
Cowen is still in charge and is still the 4th most highly paid politician in the world
Just think about that.
Dr. Constantine Gurdgiev sets out the real numbers and they speak for themselves
we are kidding ourselves if we chose to ignore these facts
The insiders still hold all the power in this country and they are responsible for the mess we are in
They are also trying to convince the people of Ireland that they have the answers to our problems
How depressing! We must wake up and rid ourselves of these incompetent baboons that are ruling our country