RTE’s most recent Prime Time looked at the cost of the economic crisis – and who should pay it. Myself and Tim Pat Coogan, among others, took part in an interesting discussion.
Watch here
RTE’s most recent Prime Time looked at the cost of the economic crisis – and who should pay it. Myself and Tim Pat Coogan, among others, took part in an interesting discussion.
Watch here
David, I am not quite sure how to interpret this as a reflection of thinking in Ireland, as with most things I read or hear about the place these days. The central question in my view was a red herring. Its not a question, its a statement of fact: the young are always disproportionately affected when economic conditions go south because their lives are inherently more insecure. Tim Pat Coogan was correct when he said that our lives are always a struggle when we are young and there is nothing new about that. And as mentioned these transfers are informal… Read more »
I am losing hope after seeing that Prime Time debate. Firstly, it is very difficult to listen to Pat Kenny, he of the €700,000 a year civil service broadcasting job, and other insiders. More to the point, we are having the wrong debate… It is not essentially about the older or younger generations, except the older generations are predominantly the have’s. In essence the bailout was a bailout of the have’s i.e. if the banks went bust the have’s would have lost their money on deposit, their pensions and other investments would have been wiped out. In general that right… Read more »
Tim Pat Coogan got it right, and Pat Kenny is a rude ignoramus, playing some kind of a Robin Hood stealing from the old to distribute to the young. The sandwich generation are already supporting aged parents and unemployed youth who have to live at home, and face being robbed of deposits – bail-in right now.
Still, while some did object to the nasty trick of pitting one secion against another, none said split the banks, Glass-Steagall.
And there lies the problem.
Hello I am new to the comment section so please forgive me if I ramble. I would like to make a few observations which struck me after watching this program, David you might consider them and reply. 1. It seems to me that RTE by de-facto or design are again ramping up the govts divide and conquer agenda, ironic dont you think when we have seen what has just happened in the public service pay talks, by the by I am self-employed.Is this to be the next item on the govts reform agenda( one more transfer of wealth from one… Read more »