Our complex housing crisis is worsened by a sense of entitlement

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By Eamon Delaney     in The Times.ie Our current housing crisis has the potential to consume and divide our political landscape, for years to come. It’ll be just like the water controversy, except even more so, as that impasse was ended suddenly when the establishment basically gave in and surrendered to the public protest. Fine Gael wanted to stay … Read More

Budget 2018 – We Need Tax Relief for Working Families

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Political Debate Must Be Based on Factual Analysis At the 2011 General Election, the main political parties indicated that tax increases would represent 27-42% of budgetary austerity, with spending cuts making up the balance. Official government data indicates that tax increases constituted 42% of budgetary adjustment over that period. Correcting for misclassification (of tax/revenue increases incorrectly classified as spending reductions) … Read More

How Michael O’Leary could transform Irish politics

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  By Paul Molloy Could Michael O’Leary run for the Dail, win a seat and in a short time build a Dail majority and become the Taoiseach ?. Emmanuel Macron has proved it possible; amazing, because he did so in a country with a population of 67 million. Why do I believe Taoiseach O’Leary is possible? Firstly, because he has … Read More

Capitalism is a rigged game — but one we’re far better off playing

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By Cormac Lucey A columnist with The Irish Times recently wrote that the global financial crisis had revealed that capitalism was rigged as “no accountability was ever apportioned: few were arrested or jailed”. He also referred to global income and wealth inequality as evidence to support his case. The column was written by Chris Johns, a blue-chip capitalist and formerly … Read More

Doubling Ireland’s ‘global footprint’ is a rash and expensive move

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Eamon Delaney Never mind the actual problems here at home – the housing crisis, with a now added student accommodation crisis, which we should have seen coming. And the ongoing health crisis, with record-breaking trolly numbers, and a Minister finally admitting what we’ve always known : that the health unions are a huge impediment to HSE reform. But no-one in … Read More

Let’s look at the number of people who “don’t want work”

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By Cormac Lucey The Central Bank of Ireland may be best known for its management of monetary policy, yet it is also a significant centre of Irish economic research and — beneath the arcane academic language and uninteresting titles — these papers can contain some very interesting information and analysis. Consider a recent paper titled A Non-Employment Index for Ireland, … Read More

We should stop talking down Brexit plans and face reality

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By Cormac Lucey During a recent interview for his podcast The Stand, Eamon Dunphy raised the subject of vulture funds. I responded by saying that if we continually referred to a broadcaster as “a vulture broadcaster”, the well of public sentiment would soon be so poisoned that rational discussion of the broadcaster’s merits and demerits would be impossible. Something similar … Read More

Short-term professional politicians are unwise to drop unpopular austerity

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By Cormac Lucey Having been at the top of politicians’ priorities for the past decade, austerity is fast falling out of fashion. Our new Taoiseach, Leo Varadkar, wants to boost infrastructure with his predecessor’s rainy day fund. Donald Trump wants to stimulate American economic activity by cutting taxes. It has even been reported that a split has emerged in the … Read More