Austerity: Never forget… December 5, 2012Posted by WorldbyStorm in Economy, Irish Politics.
An excellent point made, in view of today’s events, in the Irish Times on Monday in a letter.
Sir, – What amuses me about the discussions about budget is that everyone seems to have forgotten the additional measures taken in 2010 and 2011. These hits are cumulative. The real figures appear to be €3 billion in 2010, €6 billion in 2011 (including the 2010 €3 billion) and now €9 billion in 2012 (including the €3 billion in 2010 and the €3 billion in 2011). A grand total of €18 billion in three years over and above all the pre-existing taxes. The Government must be delighted that the only figure we hear mentioned is this year’s €3 billion and not €18 billion. – Yours, etc,
This should be shouted from the rooftops.