This has all left us on a knife-edge as we enter the autumn. Minister for Finance Paschal Donohoe has been selling the message in a round of interviews this week that the Government can – and will – help households. We are promised a €6.7 billion budget for 2023 and a separate cost-of-living package for this year that could cost another €2 billion. It is a measure of the spot we are in that such vast amounts of the cash can only close some of the gap for households.
There is, of course, a more worrying scenario. Wholesale energy prices could head higher still. On the basis of what is forecast in the United Kingdom, comparison websitesays that average household energy bills has risen from €1,900 before all this started to about €4,000 after the latest increases and could hit €6,000 by early next year. The companies putting solar panels on people’s houses will be busy.
Ministers will be concerned about the risks. One reason the Government was prepared to pay up for a higher than expected public sector pay deal was to stop the slide down a slippery slope to wider social unrest – which a series of public sector strikes could have started, if the more malign scenario plays out.
The marches are starting.
Higher than expected but much below inflation? A pretty big pay cut two years in a row is not a good deal. Couple that to the unseemly and shameless pay bumps among the class of people telling everyone else to tighten their belts to prevent inflation and you can see the problem.
100%. But they just bought have the electorate who have public jobs or derive prospers to the public sector. It’s like Protestant ascension the orange order wanted accept this is public sector ascension.
And of course it was paying to do with paying themselves the same increase!
One slight problem with that. Most people are in the private sector and are being shafted. The upcoming protests are only the beginning. Fffgg have abandoned alot of angry low paid people
We won't protest. I know, you know, the dogs know. We're push overs, we'll moan, complain, cry, fight with each other over the scraps but we will not protest.
social unrest is coming
Don’t worry, the private sector will pay for the inefficiencies.
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Source: IrishMirror - 🏆 4. / 98 Read more »