Complainer
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Sunny there maybe a counter-argument to this. If a person is paid so much that it exceeds their ability to spend it and they save it instead (or indeed use it abroad), then this money is effectively removed from the real economy and becomes unproductive. If on the other hand the money is redistributed via the tax and welfare systesms all of it is spent because it must be spent by the recipient, then the it re-enters the active economy and contributes to economic activity which entails jobs, more taxes etc. In short, it keeps money circulating.
Good point - indeed, these moves may well take money that would have been invested abroad, either in property or international shares and recycle it within the Irish economy.
I'd be absolutely shocked if the Irish education system is turning out people so dumb as to not realise the short-term nature of Job Seekers Benefit.I just want to add a new dimension to this thread. My brother who has lived in Australia for over 40yrs has a Plant Hire business there. In the usual run of things he employs a lot of Irish lads.
Recently there were a few employees who decided they were coming home. When he asked why, they said they'd be better off at home on the dole!!
He was absolutely shocked.