Latest data from the CSO shows how Bertie Ahern’s rotten influence has made the Irish public sector outrageously expensive. Remember, this sector is funded wholly from the taxation of the economically productive economy and as such its cost burden must be minimised, so much for value for money and good public services.
Public pay 47% higher, CSO finds
This data was for 2007, you can bet the gap is even wider now as pay continues to rise while inflation falls.
Rate of deflation deepens to over 5%
The final nail in the coffin is that Irish social welfare rates are now outrageously high compared to our European neighbours while our GDP sinks below theirs, this makes it impossible for the lower paid to get work and will drive up costs,
Irish handouts highest in Europe – Sunday Times
Even if the politicians keep their heads in the sand come the autumn, it seems that they will be unable to continue to pay these fantasy sums for much longer as the march towards national bankruptcy accelerates, which is actually good news given the recklessness and cowardice of our so-called leaders.