That they should not be reducing social welfare payments.
This is probably off topic, but every has to come down.
Ireland needs to reduce borrowing. To do this, out goings have to come down.
We need to reduce:
1. Public sector pay and perks, starting from the top down.
2. Then social welfare.
3. Then minimum wage.
Preferably in that order. Then prices should come down.
If the cost of living halves then it doesn't matter that minimum wage and social welfare is also halved.
At the moment, Ireland is borrowing too much and companies are going bust because they can't get credit and costs are too high.
Isn't all this obvious by now?
Really, brian cowen should stand up and say he is reducing his pay, and that of the TDs to average industrial wage. We can work from there.
Unfortunately, with this strategy, mortgage holders are screwed.