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Re-think the Recession
international |
miscellaneous |
opinion/analysis
Monday April 13, 2009 22:47 by Philip O' Rourke phish20007 at hotmail dot com 6 ridgewood avenue
Is the Recession Real or is it just in peoples heads? My view on the world and all its moaning about the financial diffuculties we apparently face now. Its a total farce and it is the media putting negative thoughts into our heads, and I for one i'm not that easily swayed. Probably the most over-used word of the decade. Recession, recession, rescession. If evybody got a penny for saying it there would be no recession at all. But maybe there isn't. Okay some people have lost their jobs, and the banks are in a mess but yet people are going out more, and in my view spending more. |
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Jump To Comment: 1 2 3 4 5Sorry Philip, your own facts makes your argument redundant. I don't know if you were around in the last recessions, or if you were if you were able to pay attention to what went on, but if you were and did you'd know that gambling was among the first things that increased as the recession bit.
In addition to Philip's comments. I was around in the 80s and went with the recession ,good and not so good times ,at least we could rely on good ol'
England ,yes the same England that we all love to give out about ,
Today is a little different with the work just not there ,the recession is a means to an end and can be used to con the people also , makes the weak
a lot weaker and the stronger into little Hitlers ,the Law being their favourite 'hideout ' and their views second to none which in effect entitles the Bullies
to their Bar-room Barrister speeches about all and sundry , Its a monetary con game with people being used as pawns and statistics at every turn.
And yes it also gives people something to moan about ,a past time which is relished by all and sundry .
Is there people starving today in Ireland ,of course there is , and really that should not happen .
Thanks for the strong economic analysis backed up using firm satistical evidence and not basing your arguments on ancedotal experiences
not width standing the collapse in tax receipts from 42 B to 34B and a budget defecit projected at 10.5% and the jobless rate predicted at 9.25% I think you are spot on
http://www.irishtimes.com/newspaper/ireland/2009/0109/1....html
This was published in Jan 09 and the "projections" have since been significantly revised downwards
Out west clare way, its being referred to as the re-session.
Ireland's billions in oil & gas fields were sold to Shell/Statoil for a tiny amount, by a corrupt politician - now we need to renegotiate that deal to reclaim our heritage, the resources our forebears struggled for.