Despite the depressing sounds coming from headless chickens in government there does seem to be some good news that I picked up on in the Independent today. Someone (possibly Brian Lenihan) has an ounce of sense. The theme of the article is that there is some “disagreement” between Cowen & Lenihan on whether there will be job cuts. Someone is looking at the numbers and realising that cuts need to be made.
Serious pay & job cuts across the entire government are inevitable, we don’t have the money to keep all the extras hired in the boom years and they need to go. I’m a little happier knowing Brian Lenihan seems to know. It’s looking like Lenihan is shaping up to be the man to handle this meltdown, he was the one to guarantee bank deposits, and now seems to be (trying) balancing books.
Sadly Cowen, the unions, and other cabinet members have their heads in the sand (or in the case of the Greens, the sky, yeah a new greed economy is going to save us) and are refusing to see pay cuts and layoffs as an option.
Republic Tigers 