- Lenihan is going to take a rusty butter knife to the government's spending. It's going to hurt private companies more than public bodies. #
- Practical economics suggests his approach won't repeat mistakes of the 80's, but expect borrowings to soar. #
- Prediction 3: Cigarette smokers and motorists will get seriously shafted. #
- First reaction to the budget: Minister Lenihan didn't cut enough, he taxed all over the place, and he borrowed too much. #
- Essentially, he made a bet the economy will recover in 2009/10 and grow out of this. If he's wrong, we're screwed when repayments come due. #
- Absolutely no one surprised by the buck passing on carbon taxes at all. #
- Get the details here: http://www.budget.gov.ie/ #
- Thinking of dressing up as Minister Lenihan for Halloween? I wouldn't. #
- 41 state agencies axed. How many people will be let go because of this? I predict 500, max. #
- Tom Parlon: least credible man on TV, including Barney the Dinosaur. #
- Decentralisation: 6,000/9,000 = Success? Not so much. #
- @simontuohy 500/20,000: voluntary redundancies, retirements, and bad driving should do it 🙂 #
- kinsella's budget predictions 8 weeks ago: 4/7 = not so great. http://tinyurl.com/6xrdjt #
- Coughlan on RTE 2: Markets are bad, M'kay? What was he supposed to do, declare a socialist state? #
- @smiaras Take a picture! #
- Check out this SlideShare Presentation: http://tinyurl.com/4pq22a #
Stephen Kinsella
Economist at the University of Limerick
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