At a conference over the weekend Young Fine Gael ripped into the Government for presiding over a rip-off culture[registration cheat] over recent years. And aren’t they right? I hope the message is sent come next election, though don’t we usually continue to vote the greatest gobshites into Government time and time again?
I don’t claim to know much (anything) about economics but I find it hard to believe those who say that Irelands economy will continue to grow in coming years. I don’t see how with rising costs of housing, groceries, fuel etc etc. And with high costs people are demanding higher wages.
More and more industries are moving to places like China and this will continue for the next 10-20 years at least … honestly, why would a manufacturing company (or any company for that matter) set up in Ireland where the minimum wage is €7.65 per hour, in China you can hire someone for €0.50/hr. Eastern Europe is also becoming popular as both location and cost are good [minimum wage comparison]. How do we plan to create jobs in coming years when most of our manufacturing companies close up shop and we can’t attract any new business?
Comments are closed.