In October 2015, Minister of Finance Michael Noonan announced the Irish government would implement a total of €750 million in tax cuts, with a similar increase in spending. That will leave the government with a budget deficit of 1.2% of gross domestic product, down from 2.1% in 2014 and a peak of 32.5% in 2010. The government expects the economy to grow by 6.2% this year, before slowing to 4.3% in 2016 and 3% thereafter.
@9ZCTZV61mo1MO
No, but there should be a redirection of what is paid for, and increasing the efficiency and effectiveness of programmes/ schemes paid for by public spending, we should also lower the benefits and salaries of governmental officials.
No, reduce government salaries and pensions first
@9ZH95KB1mo1MO
No, the government shouldn't make cuts to public spending in order to reduce the national debt. They should properly allocate funds. I feel that a lot of the money the government has isn't spent well, like they don't actually know what they're doing. They throw a lot of one-time lump sums at different issues and never actually set up a system to help which would save so much money in the long run. I feel like they need to sort the system out and actually look at what they're spending before they cut or increase public spending.
@9Z9753W1mo1MO
Only in debt due to FF being bullied into paying out billions of euros on unsecured bonds. Unsecured bonds pay a higher rate of a windfall if they are correct. What were we doing paying out on them.
@9QC6Y9M6mos6MO
The government should ensure that the ratio of debt to the real economy is kept low, it is okay to borrow to help the economy grow but only if it is effective.
@9MM9RGW7mos7MO
No, increase taxes on high-wealth individuals, increase property dereliction and vacancy taxes and increase corporation tax.
No, but the government should raise the taxes on the rich and multinational corporations.
@8XFLST73yrs3Y
in order to reduce the national debt we must have Dàil reform & reform our public finances
@8RQ5ZYP4yrs4Y
No, ordinary people shouldn't have to bear the brunt of the government's own fiscal challenges.
@8RLNYM84yrs4Y
No, cuts to public spending will negatively affect the economy, but reduce military spending and increase taxes on large multinational corporations instead
@8R5LX4T4yrs4Y
No, tax the rich, big companies and reduce excessive spending on government officials and civil servants
@8QVQDR2Social Democrats4yrs4Y
yes, and also focus on taxing the wealthy and ending tax evasion
@queerultraviolet4yrs4Y
What debt? In debt to who? Ourselves? The world? We invented currency, it's no longer serving us and we should find an alternative to money. It's made up, just print more.
@8J2LNT24yrs4Y
We need increase taxes on the wealthy but we need to have balanced budgets
@8H4GD784yrs4Y
Public spending should be review as we need to balance all budgets
@8DQ9ZDZ4yrs4Y
No, increase taxes on the wealthy, reduce military spending, reduce TDs salaries and increase the corporate tax
@8CWNV9J4yrs4Y
Yes, also reduce the number of public representatives and defund non profits
@8C5RDBV4yrs4Y
Yes, but also decrease the number of representatives and devolve powers to the counties for a more efficient and effective allocation of resources.
@99P372G2yrs2Y
No, but drastically reduce the benefits and salaries of government officials and multinational corporations, as well as increasing their taxes and ending tax evasion.
@96988HS2yrs2Y
They should streamline public spending in favour of economic activity generating spending. For example invest 1 billion to overhaul the electricity grid and build renewables, and then offer these new jobs to people on benefits so as to reduce the benefits bill by 1 billion.
@9342NP93yrs3Y
No, reduce tax evasion by wealthy and corporations; increase taxes on large multinationals and wealthy.
@9B3MH8K2yrs2Y
No, fund them by drastically reducing the benefits and salaries of government officials, focus on ending tax evasion and increase taxes on the wealthy instead
@ISIDEWITH1yr1Y
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@8PGZTFZ4yrs4Y
No, reduce military spending instead, focus on ending tax evasion, increase taxes on the wealthy
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