Comments on: Trends and Cycles in the Irish Economy http://www.irisheconomy.ie/index.php/2009/03/26/trends-and-cycles-in-the-irish-economy/ Wed, 16 May 2012 22:51:33 +0000 http://wordpress.org/?v=2.6.3 By: karl deeter http://www.irisheconomy.ie/index.php/2009/03/26/trends-and-cycles-in-the-irish-economy/#comment-3119 karl deeter Fri, 27 Mar 2009 00:13:01 +0000 http://www.irisheconomy.ie/?p=1303#comment-3119 instead of 'fighting unemployment' would we be better off 'encouraging employment'? I don't think its the same thing, I think that enterprise will only be part of the solution, we need to attract large multi-nationals and a key to that is ensuring we are competitive both in the fiscal and labour environments. One fear I would have for the mini-budget is that it may hurt our business environment unintentionally, or that there are limited avenues open to choice. Saving jobs though may not be the answer so much as creating as many sustainable new ones as possible, some areas won't be returning to their former capacity no matter what, my own (financial services), or construction are cases in point. So 'fighting unemployment' by keeping dying jobs alive is - in many cases - not going to work. a rapid deployment of business friendly regulations would help, at a time where the call is for more regulation I wager that de-regulation would actually be preferable, don't put any barriers in the way of growth where it may occur. instead of ‘fighting unemployment’ would we be better off ‘encouraging employment’? I don’t think its the same thing, I think that enterprise will only be part of the solution, we need to attract large multi-nationals and a key to that is ensuring we are competitive both in the fiscal and labour environments.

One fear I would have for the mini-budget is that it may hurt our business environment unintentionally, or that there are limited avenues open to choice.

Saving jobs though may not be the answer so much as creating as many sustainable new ones as possible, some areas won’t be returning to their former capacity no matter what, my own (financial services), or construction are cases in point. So ‘fighting unemployment’ by keeping dying jobs alive is - in many cases - not going to work.

a rapid deployment of business friendly regulations would help, at a time where the call is for more regulation I wager that de-regulation would actually be preferable, don’t put any barriers in the way of growth where it may occur.

]]> By: John McHale http://www.irisheconomy.ie/index.php/2009/03/26/trends-and-cycles-in-the-irish-economy/#comment-3084 John McHale Thu, 26 Mar 2009 16:54:05 +0000 http://www.irisheconomy.ie/?p=1303#comment-3084 Sorry Philip, I hadn't seen your post before posting mine. I would certainly have incorporated your important points about supply-side policies. Sorry Philip, I hadn’t seen your post before posting mine. I would certainly have incorporated your important points about supply-side policies.

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