BOTH THE SUNDAY TIMES and the Sunday Business Post offer little rumblings about the most savage national budget ever offered to the Irish people. The Irish government is risk-averse but with the European Union insisting upon fiscal prudence and international bond markets examining how costs will be cut, the Minister for Finance is left with little flexibility. He has to cut back on line items in the national budget. He knows that will uncork days of national unrest. But when those days arrive, several journalists in today's papers think the protests will validate the strategy used by the government to put Ireland back onto the road of recovery. Complex issues lione. e ahead, along with a public murmuring for a national election to ensure those who swing the knife actually have mandate to cut close to the bone. I talk about a few of those issues in today's 10-second video, wondering how my household would survive with another 10 per cent reduction in monthly wages.
Last Week: "Sunday News on my Bench", 10 October 10.
Last Month: "Sunday Times Recessionary Times", 12 September 2010.
Last Year: "Irish Sunday Papers", 12 October 2009.