News & Analysis

Don’t believe the lies – Ireland is still rich

An essential ideological pillar of the attacks on workers and unemployed people over the past number of years is the idea that Ireland is broke.  The impression is given that the wealth created during the Celtic Tiger (where the top 1% of the population gained €75 billion) has simply disappeared.

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Austerity Budget means unemployment, poverty and economic crisis

The budget cuts are hitting families all over the country this month. For the poorest and most vulnerable, social welfare and child benefit cuts have made the struggle for survival all the harder. The basic social welfare cut of €416 a year is massive, a loss of more than two week’s income for people who struggle to make ends meet is draconian.

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Cynical betrayal of Irish people

Opening today’s press conference Cllr Clare Daly, Socialist Party and ULA candidate for Dublin North said:

“Fine Gael and the Labour Party correctly say that the Fianna Fail minority government,  
a) doesn't have the confidence of the Dail;   
b) has a Taoiseach who doesn't have the confidence of his own party;
c) is so utterly discredited that the General Election must be brought forward.

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Quantitative easing: Plan B – will it work?

In a desperate move to boost US growth, the Federal Reserve has launched QE2, a second round of quantitative easing. Its main effect will be to devalue the dollar, an attempt to boost its exports at the expense of its rivals, particularly China. This unilateral action by US imperialism can only intensify the currency wars and trade conflicts. socialistparty.net reports.

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Northern Ireland: Assembly parties agree on CUTS, CUTS, CUTS

The cuts are coming – and the parties in the Assembly are not standing in their way – they have agreed that they will implement them, not oppose them. One after another, all the parties in the Assembly Executive are queueing up to identify where cuts can be made – cut education spending, privatise the Housing Executive, close hospitals, sell off Belfast Harbour, increase household rates for ordinary workers, cut civil service workers pay, introduce water charges…

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