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Framing the pandemic in the right way… May 20, 2020

Posted by WorldbyStorm in Uncategorized.
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Thought the way Pat Leahy framed this news was telling. A piece on how the pandemic is impacting on the finances of a range of public bodies has the following line:

A range of public bodies and State companies are lining up to seek bailouts from the Government, with the final bill for this year estimated by officials to be in excess of €2 billion.

In addition, Government sources say the State may take stakes in strategically important private businesses, including Aer Lingus, to keep them operating.

And:

 

The CIÉ companies – Bus Éireann, Dublin Bus and Iarnród Éireann – are facing a cash crunch as fares have fallen by 90 per cent. The group is thought to be losing millions of euro every week, while the need to implement social distancing for the foreseeable future means it will need more buses and trains to carry fewer passengers.

And:

 

Several other State companies, including RTÉ, are believed to have approached the Government informally, or to be preparing an approach, in relation to financial support due to pressures brought about by the Covid-19 shutdown.

But what else could they do? Not least given many of these are at the front-line of keeping matters going during the pandemic. And not a word about how workers in private sector establishments are being paid for by the state as that sector has in many many areas simply had to shut up shop.

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