I can’t wait to see all the new infrastructure that is built with that money
Comfortable-Can-9432 on
Tax receipts up, yah!!!
Spending up, oooh!
This whole thing needs to be taken with a large pinch of salt. Migration is still huge, so the economy is still growing which is great but spending growth is out of control.
The government introduced a 5% spending increase cap just before Covid and we’ve broken it every year since it’s been introduced.
This is Celtic Tiger economics. There is going to be a giveaway budget so that FFG can get themselves re-elected and the simple fact of the matter is, when a recession comes, we are fucked. We are so over reliant on the MNCs that when they dip, we will crash.
A giveaway budget is the last thing we need to be doing with an already overheated economy.
dropthecoin on
Waiting to see the people moan about how this is bad.
sludgepaddle on
I did do a lot of overtime last month in fairness
funpubquiz on
It’s just more money that will be funneled to rentiers.
Alarmed_Station6185 on
It’ll all be spent on plans for metros and railways that never actually materialise
rinleezwins on
Yeah, if costs go up, people will also pay more tax. Geniuses.
9 Comments
Didn’t know tax receipts had it out for July
Great news.
I can’t wait to see all the new infrastructure that is built with that money
Tax receipts up, yah!!!
Spending up, oooh!
This whole thing needs to be taken with a large pinch of salt. Migration is still huge, so the economy is still growing which is great but spending growth is out of control.
The government introduced a 5% spending increase cap just before Covid and we’ve broken it every year since it’s been introduced.
This is Celtic Tiger economics. There is going to be a giveaway budget so that FFG can get themselves re-elected and the simple fact of the matter is, when a recession comes, we are fucked. We are so over reliant on the MNCs that when they dip, we will crash.
A giveaway budget is the last thing we need to be doing with an already overheated economy.
Waiting to see the people moan about how this is bad.
I did do a lot of overtime last month in fairness
It’s just more money that will be funneled to rentiers.
It’ll all be spent on plans for metros and railways that never actually materialise
Yeah, if costs go up, people will also pay more tax. Geniuses.