Neil. Effective Minister. What she is doing is making political capital out of the misery we are in. Genuine interest, If she is that interested then let her take a pay reduction, better still, let her survive on 180 per week . I don’t compare her who to anyone, She is part of a collective Government that sit down and make colective decisions that effect all of us. They prmoised a lot and delivered nothing but misery

I know someone who recently waited 9 months for FIS payment to come through – hardly effective and hardly encouraging people to go back to work when doing so sends you into more debt and leaves you even less able to meet mortgage repayments – people out there are trying to get work but this government is punishing them for bothering! Don’t believe a word they say – they really haven’t a clue about how much people are struggling – don’t think they care either!

So goes the ‘Efficient Markets’ orthodoxy of the last decades. Just hand out tax breaks to business & keep hands off when it comes to ‘regulation’.

Precisely the kind of thinking that has created this mess & the deep & prolonged unemployment that has followed & is still getting worse.

The real ‘conditions’ that need to be ‘created’ to stimulate employment is an increase in aggregate demand (spending). The EU has done exactly the opposite & we see the results – more countries slipping into crisis.

The government sector should, & easily could, play a role that would quickly lead to recovery. We have a currency issuing authority – the ECB – that could finance a Job Guarantee (at minimum wage, & strictly voluntary for the unemployed) entirely debt free. The spending of those JG wages would have an immediate demand stimulus effect & importantly help to rebalance a deeply flawed Euro system. (In the same way as regional assistance & balancing transfers take place in sovereign currency issuing countries like US & UK.)

Unemployment benefits already provide a similar ‘automatic stabiliser’ function to help maintain demand (spending) & avoid further uneccesary knock-on job losses. But without our own currency issuing authority (or low gov borrowing rates – if we insist on the myth that a currency issuer must ‘borrow’) & given the severe depth & international nature of the recession, & massive private sector debt after being royally scammed by the banking sector, the existing automatic stabilisers are woefully inadequate. (And being diminished further by deliberate policy vandalising our economies.)

Of course, for the top few percent, which includes political leaders & their economics ‘advisers’, their is no recession. Rather, if anything, opportunities to buy assets, like rentable property, at firesale prices.

Ever wondered why the bogus, ideolgical rubbish that passes for mainstream economics is so well supported as ‘sound’ policy? Falsely presented as ‘…no alternative..’ ?

Our so-called ‘authorities’, elected & paid by us, have nothing to gain, indeed probably something to lose, by adopting policies in the interests of ordinary citizens (the majority).

The last few years, & the cause of the original banking bust are unequivocal proof.

Listen to the truth about the Eurozone mess here:

Modern Money & Public Purpose 3 : The Eurozone

http://www.youtube.com/watch?v=HpIsZL5FJVs&feature=player_embedded

Great advice, and God bless you.

It went burst? Was he blowing up party balloons?

He is waiting for his money, yet still manages trips to the pub. Interesting ….

He was working for three months Neil, if he’s living with his parents he’s probably got plenty saved up.

Better late than never

Pay tax?? Don’t be absurd, they will most likely be given a “declaring bonus” as well as their Christmas bonus.

there is no christmas bonus, it was the first sw cut after the bank collapse

He Ronan so paying tax gives you your worth in society? so if somebody paying more tax than you cut in front of you in a queue that would be ok then?
How bout motor tax should those with bigger engines therefore paying higher tax have more rights than smaller vehicles?

Ronan so paying tax gives you your worth in society? so if somebody paying more tax than you cut in front of you in a queue that would be ok then?
How bout motor tax should those with bigger engines therefore paying higher tax have more rights than smaller vehicles?

Hmm, Dermot, there’s a concept… the more you pay, the more you get… I like it, I wonder what we could call such a system… Capitalism, Reality, Equitable maybe, just three possible names… a man walk into a pub with no money and another walks into the pub with money, who will the barman serve? If you earn and contribute then you have a right to partake and complain etc. but if you have your hand out for your “entitlement” not having contributed (If you have paid stamps and contributed, but lost your job or are on genuine disability, this is not for you…BTW), then sit back down and be glad you live here, where you are given money for nothing, and not in the US.