Posts Tagged ‘recession’

Five weeks from now Ireland’s media will be ablaze with all things Budgetary, a familiar and controversial topic as  Ireland braces itself for its third budget in 14 months.

Last April, as Ireland officially went into recession Minister for Finance Brian Lenihan rushed a controversial hard-hitting emergency Budget through the Dáil leaving middle-income earners the worst affected.

Described as the most severe Budget in Irish history, seven months on and with Ireland still feeling the pinch here it comes again, take three – the black cloud of despair that is the Irish Budget.

Although described as less painful than previous Minister Lenihan stated in his Pre – Budget forecast that a massive €4 billion in savings must be met to even survive at this year’s levels. But should we fear the worst?  The answer – yes. After all when looked at with logic it’s a budget –  meaning cuts, sacrifices and hard times. That is fact.

Hard times in my opinion should call for the Government and its citizens to work closely  together by listening and encouraging the voice of the ordinary working people to suggest what they believe is good for their Country. Pulling together and weathering the storm will encourage public moral and boost confidence, that the Government is doing its best in addressing this crisis.

Nursing Graduates from the National University of Ireland Co.Galway, all of whom have left Ireland in search for work. Copyright of Claire Noble


Unfortunately, the Government has failed in this method of reasoning, by implementing further cuts and ignoring the Countries crippling unemployment rate – which is now the second highest in the EU.  This issue needs to be addressed and that is why, as a citizen of Ireland I fear the worst. Every day the backbone of our society – its young graduates are leaving the Country.

  • The ESRI predicts 40,000 people will emigrate over the course of next year – Ireland is now witnessing the loss of another generation.
  • So here’s my point – with these cuts should come a steady flow of savings back into our economy. Instead of waving goodbye to a crucial part of Ireland’s workforce  recruitment bans placed on employment should be gradually lifted and job strategies put in place.
  • Workshops, Government schemes anything to get people back to work. I cannot think of anything more crucial to invest these savings into.
  • At present,  there are no  job strategies  in place in Ireland.

Minister Lenihan  reassure your workforce that there is no need for emigration, if not these savings will be wiped out by increased Social Welfare payouts  due to unemployment. It’s a cycle destined for a downward spiral, job creation must be implemented.

Click here for details of the Pre Budget forecast.


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