John Fitzgerald on Public Sector pay "Restoration"

TheBigShort as you know i have followed your posts .You are the dark Horse. No one so far has the required skill set to tether the Horses all talk and no action,I have to go to work some of us do on a saturday By ALL

As you know, ive tried to follow your posts. My shift starts at 12pm today, thanks.
 

Do you really think that the financial difficulties suffered by the state were caused by taking the advice of the ESRI ?

I suggest that you have not the slightest idea what you are talking about.
 
Do you really think that the financial difficulties suffered by the state were caused by taking the advice of the ESRI ?

I suggest that you have not the slightest idea what you are talking about.


I never suggested they did. How could they cause it when they, ie, the ESRI never spotted the signs in the first place? Makes one wonder what they were all doing and why you commented at all. I do believe the very same Mr Fitz made a type of grovelling apology to the Irish people for being asleep on the job though. But sure, compared to you cremeegg what would the rest of us know? I bow to your superiority and serious depth of knowledge. Thanks for reminding us that our opinions don't matter.
 
John Fitzgerald has apologised for not forecasting the crash but he did raise concerns with the Central Bank about the nature of the stress tests which the banks were conducting in relation to a property crash. He said that they were only factoring in house price decreases and ignoring the fact that such drops would not happen in a vacuum. The Central Bank ignored their concerns. The ESRI also warned about property prices as a multiple of incomes, the construction sector as a proportion of the overall economy, the loss of wealth creating jobs (internationally traded goods and services sector) and many other things. If they had been listened to we would not have had the crash we did have. We would have had a recession but nothing like as bad.
 
The information the in the ESRI report takes all that into account. The pay differential was 10% higher in the public Sector before benchmarking and 20% higher afterwards. Despite the cuts in the last few years it is still 5% to 10% higher, particularly among lower paid employees. Given the utter sham which Benchmarking was I don't see how this new commission will be any different. It is being headed by a former Union leader and will be stuffed with Union representatives and unionised civil servants. The facts will be left outside the door and we'll get soundbites about how hard people work, striving for high standards and a few hard luck human interest stories championed by the Public Sector Broadcaster in Montrose.
 
The pay differential was 10% higher in the public Sector before benchmarking and 20% higher afterwards. Despite the cuts in the last few years it is still 5% to 10% higher, particularly among lower paid employees

Private sector workers really need to stand up and fight. They are being rolled over time and again while the fruits of their productivity get sucked up to the top.
 
Private sector workers really need to stand up and fight. They are being rolled over time and again while the fruits of their productivity get sucked up to the top.
I agree. We need to really fight the Public Sector Unions which effectively run the country and stop them stealing from us. It is a battle to expose their hypocrisy and the damage they do to working people and the poor when the Public Service Broadcaster is a Union mouthpiece and just about every journalist is a Union member but the struggle for justice and fairness is never easy.
 

One way would be for private sector workers to unionise. Their participation in organised union's is dismal. If the unions are running the country as you say, then all workers need to claim a stake in the unions.
If not, how would you propose to fight public sector unions?
 
The Private Sector companies in the real economy that were Unionised have gone out of business as Unions stymie change and make businesses uncompetitive. Private Sector employees are not in Unions as that they know this.
Anyway, we can't all get paid more than than we earn. If we were all in Unions there'd be nobody for us to live off.
 

We need to really fight the Public Sector Unions which effectively run the country and stop them stealing from us

What do you propose to do?
 
I'm just some guy. I can't do much. I will encourage my children to emigrate though as I see no future for them here.
That makes me angry.

A tad dramatic. Which first world country do you reckon is a sufficiently right wing utopia for your precious flowers to flourish in..?
 
I'm just some guy. I can't do much. I will encourage my children to emigrate though as I see no future for them here.
That makes me angry.
To where as a matter of interest?

Apologies for the off topic question.
 
A tad dramatic. Which first world country do you reckon is a sufficiently right wing utopia for your precious flowers to flourish in..?
Do you have any children? Just wondering so I can say something nasty about them.
 
Do you have any children? Just wondering so I can say something nasty about them.

Where's the nastiness about your children?

Actually, what's nasty at all in my post?! You're very grouchy after the long weekend...

And yes, I do have one precious little flower so far

And just for the record, I don't disagree with much of your posting on this thread, despite being a public sector worker myself, but you've strayed into hyperbole.
 
Most of Europe and parts of the USA.

Is this the same USA that is effectively bankrupt? That hands half of its tax receipts to the military industrial complex, which in turn feeds private sector arms manufacturing, sales etc?
The same USA with increasing number of bankrupt states, and a divided public?
29 million Americans on long-term unemployment, discounted out of the labour force to keep the jobless numbers down.
America is crumbling.
 
Right, yep, crumbling. That's why the middle classes are getting poorer and their incomes are dropping?
Do you think the US Department of Labour's Bureau of Statistics is in cahoots with the government and these Stat's showing the real figures are just made up?