Opening the thread.

Day 1 is Howlin, so off we go to

http://budget.gov.ie/Budgets/2012/2012.aspx

First documents are up already.

Public sector axe is first



We should see background docs at
http://per.gov.ie/ at some point.

Supplementary :

White paper on Receipts and Expenditure, 3 Dec 2011

http://www.finance.irlgov.ie/documents/ ... er2011.pdf

Apres moi-la deluge....

Quote:

Cuts by Department

Defence :

http://www.defence.ie/WebSite.nsf/Relea ... enDocument

Justice
http://www.justice.ie/en/JELR/Pages/PR11000245

Comms ( DCENR )

http://www.dcenr.gov.ie/Press+Releases/ ... elease.htm

Agriculture

http://www.agriculture.gov.ie/press/pre ... 13,en.html

Arts Heritage and the Gaelt

Nothing as yet

DCYA = Children

Nothing yet ( no surprise )

Education

http://www.education.ie/home/home.jsp?m ... &doc=55870

DOEHLG

http://www.environ.ie/en/Environment/Ne ... 846,en.htm
Finance

Tomorrow

DFA

Nothing yet.

Health
http://healthupdate.gov.ie/on-the-recor ... ahead.html

Primary Care

http://healthupdate.gov.ie/on-the-recor ... -2012.html

Disability and Older People

http://healthupdate.gov.ie/on-the-recor ... -2012.html
Jobs

http://www.djei.ie/press/2011/20111205.htm

DSP ( Social Welfare )

http://www.welfare.ie/EN/Press/PressRel ... 51211.aspx

Taoiseach

Nothing yet

Transport

Nothing yet.

More as I surf them...

Nice one Duisigh I have stickied for the while. Please keep commentary brief for the moment as you unearth various details as this thread will probably be busy.

I myself wonder will this be one of the most instantly consumed and accessed Budgets of the State.

From my routine Oireachtas schedules :



It is likely to be telecast

Radio : http://asx.heanet.ie/oireachtas/dail_audioonly.asx

With steam powered moving pictures

http://oireachtas.tv/


http://asx.heanet.ie/oireachtas/dail_broadband.asx WMP

FLASH http://www.oireachtas.ie/viewdoc.asp?fn ... h512KB.htm

IPhone

http://iphone.heanet.ie/oir/dail/dail.m3u8

You do the state some service, Duisigh. Danke.

With regard to the €750 million worth on capital spending cuts, the below document states that 8 -12 jobs are generated with each €1 million spent. Therefore, these cuts will deliver jobs losses of 6,000-9,000 next year.

http://www.finance.gov.ie/documents/pub ... review.pdf

so according to your upper estimate each job costs €83,333 per year? Hardly great value is it?

Furthermore, in view of the fact that most of the cuts will impact on non jobs intensive, capital projects such as Metro North (which requires far fewer builders than for instance an extension to a school) in fact these cuts will likely result in the non creation (not loss as you claim) of 8 jobs per €1m at a cost of €125,000 per job.

Finally, how many Irish head quartered companies would have been in a position to bid for projects such as Metro North? I can only think of one - Kentz. The contract would most likely have gone to a foreign company who would have brought in foreign workers to complete the job and so a large part of the public spending would have had a limited effect on the Irish economy.

So I support the cancellation of most of these capital projects.

How many jobs would it cost if they were to tax an extra €750 million from the public? (of course you could also raise the money with even more swinging cuts elsewhere - but these would be cut from salaries, with the obvious economic consequences)

What are you talking about?

Firstly, these are not my estimates, I am merely extrapolating the figures that have been touted.

Secondly, capital spending is not a jobs creation program, the hint is in the name.
Again, where are you getting the notion that these are my estimates? The document I have linked to has been produced by the Department of Finance - why would they make up lies about this?

Here we go, Howlin on the telly now, more of the "the people are not to blame" talk.

Government being characterised as 'a spender of last resort' in a recession.

Interesting idea

State spending on pensions has gone from €3.7 billion to €4.7 billion since 2007 and is projected to increase again next year.

I love this one - "Our position has stabilised. 12 months ago we were Europe's problem, now problems in the European and global economy threaten our recovery".

Slip of the tougue there: "We cant cut in these areas without touching sensitive political errr policy areas..."

Please remember what I said about the budget thread.

It is for fast paced info shots the debate will have plenty of room elsewhere to rage on. Right now we need to get to grips with the key characteristics of what the Troika Coalition have to say.