What is 11 billion euros if another economic crisis is imminent?

The gloom in it makes me ask: What happens next February if there isn’t another €11 billion lying around for the government to use to patch up the cracks?

Jim O’Sullivan, Rathedmond, Co. Sligo

The government has failed when it comes to fairness

The 2023 budget was disappointing. €11 billion in spending is sizeable, but the good it will do is unlikely to be enough of what is needed to protect ordinary workers and families from the escalating cost-of-living crisis.

With measures such as the EUR 600 energy credit, raising the standard limit from EUR 36,800 to EUR 40,000 and increasing the most important tax credits by EUR 75, it can temporarily remedy the situation.

However, it does not go far enough to achieve sustained effectiveness.

By failing to impose an energy price cap, the government has failed to reassure workers and families as energy credits are sure to be eaten up by price hikes from the energy companies, which also escaped the imposition of an unexpected tax.

The government’s tax approach is for low- to middle-income workers to receive around €190, but those on higher incomes of €100,000 and above will see an increase of €890.

In the words of ICTU’s Patricia King, that’s just wrong.

When Ibec members and employers meet with unions to negotiate pay deals, they should not be under the illusion that unions will seek a clear deal for workers, which the government failed to grant in this week’s budget.

Killian Brennan, Malahide Road, Dublin 17

Budget criticism exposes crazy leftists as whiners

Unlike our nearest neighbors, whose mini-budget was so well thought out that their currency fell through the floor, ours was seen as an exercise in prudence — except by the usual ne’ersagers, who gave 10,000 euros and a red flag to everyone , would still nag.

Our biggest problem is the uncertainty of massive corporate taxes from the big foreign direct investment companies that will last beyond the 2030s.

Hearing most of the crazy leftist responses to the household raised hopes for a lemming moment together. What a bunch of petty complainers.

David Ryan, Co Meath

Let’s get it spot on when we talk about “cost of living.”

It’s not the cost of living crisis, it’s the cost of it life Crisis.

Eve Parnell, Dublin 8

Those pre-budget leaks just aren’t what they used to be

In 1995, the early release of budget information led to the resignation of a head of department who lost his post following a minor leak in an evening newspaper.

In 2022, the leak appears to have become a much-used government tool, mostly employed by spin doctors to dampen public expectations. Different standards in the game.

Gerry Crosbie, Ballsbridge, Dublin 4

I saw the light – if only for 60 minutes

In celebration of the 2023 budget, I turned on an extra light in the house—for an hour.

Tom Gilsenan, Beaumont, Dublin 9

“Probable boys” are a safe pair of hands for the country

Your editorial team (Irish Independent28 September) says after handing over the 2023 budget that “a message has been sent to international markets that we are a stable economy”.

I’m not sure any economy can boast of stability in these times, or what Sinn Féin would prefer – certainty. There are only two real certainties in life – death and taxes.

To do justice to Ministers Paschal Donohoe and Michael McGrath, they have presented a sensible and positive budget – not perfect, but certainly not reckless like the one presented by the UK government last week.

International markets don’t like gamblers and luckily we’re in safe hands with the ‘probable guys’ at the wheel.

However, we may need to supplement the 2023 budget with warm clothing during the challenging winter months as €600 will burn off those energy bills.

Aidan Roddy, Cabinteely, Dublin 18

https://www.independent.ie/opinion/letters/whats-11bn-when-another-economic-crisis-might-be-around-corner-42025234.html What is 11 billion euros if another economic crisis is imminent?

Fry Electronics Team

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