The biggest autumn in living standards doesn’t really mean anything so that’s reassuring.
Unsurprising, wages here are shocking when cost of living is taken into consideration.
My next door neighbours daughter came back from Australia last month having lived and worked in Denmark before that (shes married to a Dane). She was on big money but she was desperate for work in Dublin so told them a figure well below the Irish median income. She said they just balked at her and said she was very far away from what they were thinking of offering for the exact same role she done overseas. How are these companies trying to drive down wages so bad? How are their people supposed to survive, start a family and get on in life?
The FFG economic strategy over the last 20 odd years seems to have been to seduce American corporations here through tax loopholes and “dark finance” (Dublin is the fifth largest shadow banking financial centre in the world along with the likes of the Cayman Islands). This “hush hush” banking is literally [nine times the size of our economy](https://www.irishtimes.com/business/financial-services/republic-s-shadow-banking-sector-the-fifth-largest-worldwide-1.4781491) and our public services are not seeing anywhere remotely near the benefit of it because the money sent through Dublin for tax purposes is sent right back out again to be spent and invested elsewhere. As these companies are here to save money they’re going to balk when staff start kicking up about higher wages required to live here to fight the cost of living. The housing crisis will have our entire economy circling the drain.
We’re doing ok.
Over 110k joint income, €700 mortgage (lucky as hell, bought in Dec 2012), family child care.
Yet we’re sitting looking at money pour out at a massively increased rate.
How the fuck are people on median wage expected to get by????
I can not even fathom what I’d do if I had to pay 1500+ for rent (on a shitty shoebox) and childcare, with a median wage.
Biggliest
Just wait till October lads. The government will help us by then /s
Cowboys ted! They’re a bunch of cowboys!
*wide eyed Nicolas Cage*
This isn’t getting better any time soon, is it?!
2008 was a surprise to most people. This is a surprise to absolutely nobody, and yet nothing was done to prevent it by those in power.
Ah because it’s been so lovely in the meantime!
Be grand lads. We just have to get FFG into government one more time and it will be all fixed then
2008 was a really bad year for me.
Lads ,they are a new government.
Give them some more time 😬
Oh good! I was feeling way too rich
USC needs to go immediately.
VAT needs to be reduced to 18%
I guess most people didn’t read the article but the ERSI are basically attributing it to inflation. Wage growth is actually strong enough and if unemployment continues to drop wages could grow further but inflation is outstripping wage growth so here we are.
Anecdote:
Currently I am noticing, bit by bit, a lot more empty jars in the cupboard. Vinegar, pepper, cereal and that sort of thing. Toilet roll and kitchen roll is a pain in the ass to replace because it means driving somewhere because we live in the middle of fucking nowhere and essentially paying £10 a trip (which is a minimum fee)
I remember every day being able to be driven to school, which would have costed £20-30 in todays prices. It would be flatly impossible to pay that especially with electricity going through the roof. Haven’t used the heating once in 6-8 months. Dinners getting smaller and I basically don’t do lunch any more.
I’m honestly frightened by the direction this is going, it feels like we as a family are heading down the shitter. I cant even go out to get a minimum wage job to support the family as I dont have a driver’s license to go travel because Covid happened, and public transport is dogshit in my area.
Fuck Russia and their stupid expansionist war that has shocked market prices, fuck the coronavirus for depriving me of education and employability, fuck everything that has happened since 2020 began.
19 comments
Nice
Biggest is good right?
They mean “fall” like the American way, right?
The biggest autumn in living standards doesn’t really mean anything so that’s reassuring.
Unsurprising, wages here are shocking when cost of living is taken into consideration.
My next door neighbours daughter came back from Australia last month having lived and worked in Denmark before that (shes married to a Dane). She was on big money but she was desperate for work in Dublin so told them a figure well below the Irish median income. She said they just balked at her and said she was very far away from what they were thinking of offering for the exact same role she done overseas. How are these companies trying to drive down wages so bad? How are their people supposed to survive, start a family and get on in life?
The FFG economic strategy over the last 20 odd years seems to have been to seduce American corporations here through tax loopholes and “dark finance” (Dublin is the fifth largest shadow banking financial centre in the world along with the likes of the Cayman Islands). This “hush hush” banking is literally [nine times the size of our economy](https://www.irishtimes.com/business/financial-services/republic-s-shadow-banking-sector-the-fifth-largest-worldwide-1.4781491) and our public services are not seeing anywhere remotely near the benefit of it because the money sent through Dublin for tax purposes is sent right back out again to be spent and invested elsewhere. As these companies are here to save money they’re going to balk when staff start kicking up about higher wages required to live here to fight the cost of living. The housing crisis will have our entire economy circling the drain.
We’re doing ok.
Over 110k joint income, €700 mortgage (lucky as hell, bought in Dec 2012), family child care.
Yet we’re sitting looking at money pour out at a massively increased rate.
How the fuck are people on median wage expected to get by????
I can not even fathom what I’d do if I had to pay 1500+ for rent (on a shitty shoebox) and childcare, with a median wage.
Biggliest
Just wait till October lads. The government will help us by then /s
Cowboys ted! They’re a bunch of cowboys!
*wide eyed Nicolas Cage*
This isn’t getting better any time soon, is it?!
2008 was a surprise to most people. This is a surprise to absolutely nobody, and yet nothing was done to prevent it by those in power.
Ah because it’s been so lovely in the meantime!
Be grand lads. We just have to get FFG into government one more time and it will be all fixed then
2008 was a really bad year for me.
Lads ,they are a new government.
Give them some more time 😬
Oh good! I was feeling way too rich
USC needs to go immediately.
VAT needs to be reduced to 18%
I guess most people didn’t read the article but the ERSI are basically attributing it to inflation. Wage growth is actually strong enough and if unemployment continues to drop wages could grow further but inflation is outstripping wage growth so here we are.
Anecdote:
Currently I am noticing, bit by bit, a lot more empty jars in the cupboard. Vinegar, pepper, cereal and that sort of thing. Toilet roll and kitchen roll is a pain in the ass to replace because it means driving somewhere because we live in the middle of fucking nowhere and essentially paying £10 a trip (which is a minimum fee)
I remember every day being able to be driven to school, which would have costed £20-30 in todays prices. It would be flatly impossible to pay that especially with electricity going through the roof. Haven’t used the heating once in 6-8 months. Dinners getting smaller and I basically don’t do lunch any more.
I’m honestly frightened by the direction this is going, it feels like we as a family are heading down the shitter. I cant even go out to get a minimum wage job to support the family as I dont have a driver’s license to go travel because Covid happened, and public transport is dogshit in my area.
Fuck Russia and their stupid expansionist war that has shocked market prices, fuck the coronavirus for depriving me of education and employability, fuck everything that has happened since 2020 began.