Blogs > Robyn5 > LIVE FOR TODAY. > RECESSION;

RECESSION;  

Robyn5
10/30/2009 6:01 am
I have heard in the news that yesterday America came out of a recession, UK has an improved housing market, and things are improving all around generally, but yet, here in Ireland we are facing the reality of going deeper into a decline. Nobody seems to know what they are doing, the Government is a total disaster and not to be trusted, all lining their own pockets, the public, including older people and public sector, have had to bail out the Banks, yet, come the Budget in December, there will further huge cuts right across the country, even the Pensioners, people on Social Welfare, Nurses (already overworked and underpaid) Postal workers, Ambulance Services, will all be hit. On Nov.6th there is a huge demonstration planned outside Dail Eireann (Government Buildings) and on 24th Nov. the country will go on strike,enmasse, or so we have all been threatened. For me, its not the end of the world, they will probably deduct under 20 Euro off my weekly pension, I have never been short of money so far, but young people just out of College have no jobs ,there are no jobs available in Ireland at present,and they are depending on the state for funds. These young people are all moving home with the parents, and as a lot of the parents have already lost their jobs due to closure of a lot of businesses here, how can they all manage, especially if they cut the dole money (Social Welfare for unemployed). Young people who lost their jobs are also losing their homes as they cant pay their Mortgage.
Im wondering how US can come out of a recession in one day!!!! I can see things getting gradually worse in Ireland, before they get better. Im hoping something will happen soon, to change the economy. We have all cut back as much as we can. The housing market is seriously damaged and we have been signed over to the Lisbon Treaty, - (not my vote) so things are supposed to become rosy because of that. I think not. Our Government ministers, Bankers, Builders, Millionaires, all have their own interests at heart, not ours. If I was young again, or if I was a young person living in Ireland, I would seriously think of emigration. The young people in Ireland are not given a chance, retired nurses are called back to work, retired teachers are called back to work, and young nurses,teachers, and young people in general, are left to manage as best they can. A lot of the young have left Ireland, once again, and I dont blame them. The older workers should stand down, at a certain age, and give the young a chance. We had that chance when we were young. I was never unemployed in my life. During the years of the so called Celtic Tiger Ireland was booming, everyone wanted a piece of the country. money was plentiful, where did it go? Foreign banks, Government holidays, Government pensions, Government expenses while they stayed in the best hotels, chaffeur driven everywhere, helicopters to go to work!!!!
Sorry for going on, Im VENTING about my own country but I have reason, we in Ireland are in a pretty bad state just now. It can only get better, I HOPE
jimbob4293
5748 posts

10/31/2009 12:45 pm

Hi Robyn.
It is the same here, everything is hyped up by the pollies one day the next more gloom. As you say for closures and repossessions are still going on. The Government force folk into schemes that class them as students with no job prospects.

That keeps the unemployment figures artificially low. We have a prime minister who is known as "Kevin747" because he is never in the country doing the job he was elected too.

Apart from this i do believe we have weathered the recession better than some other countries.


Robyn5 replies on 10/31/2009 1:08 pm:
Hi jimbob, I did hear that Australia was in a bad enough state. A lot of young Irish went to Australia for work, travel etc but have been told there is no work in the country now. It seems to be a world recession, some countries hit more badly than others. I remember days of poverty before, but most of todays youth have never experienced anything like this.

Teresa265
3522 posts

10/30/2009 10:48 pm

I forgot to add--excellent blog. It's on all our minds, both here and Ireland and the UK. And we NEED to discuss what our options are to come up with a global solution.

I've never been out of a job but seeing the decimation around Michigan is heart wrenching. Manufacturing jobs gone, Young people leaving the state. The auto industry in decline.
It all washes out eventually and the future will look different than the present. I just hope the younger folks can hold on.

Teresa


Robyn5 replies on 10/31/2009 8:39 am:
Hi again Teresa, I like to know what things are like "from the horses mouth" so to speak. I hate to hear that Michigan is in such a bad way, it was a great holiday place for us, and I still have great photos as a reminder. I feel sorry for the young people, struggling to hold on to their houses/apartments, meet maintenance fees, food, kids creche, etc etc. The rich get richer and the poor get ......wiser!!!!

Teresa265
3522 posts

10/30/2009 10:39 pm

Breda,
We're NOT out of the recession--It continues both in the USA and Michigan. The press and government want us to believe that things are getting better.

We're an optimistic people and when life hands you lemons, you make Lemonade.

There's plenty of blame to go around, but crying about the recession won't help us. Only jobs can.

Ireland suffers because it's a small island. There are only so many services that can be sold to one another. I liked tourism--it brought a lot of money into the country--I hope to see that industry weather the storm--and it will!

The Irish are nothing if not resilient--survivers, but they ARE talkers and will definitely have opinions on what's happening--both in Ireland and the US.

Teresa


Robyn5 replies on 10/31/2009 8:37 am:
Hi Teresa, The Irish are certainly talkers, and will be able to air the views in the coming weeks. I honestly wondered about End of Recession Day in US. Like you, we hang on to every little bit of good news, but there isnt even a hint of it at the moment. I spent some time in Michigan about 9 yrs ago and loved it. We were in An Arbor.

funomenal
1435 posts

10/30/2009 6:40 pm

the jump in the GDP was due to the "cash for clunkers" program....and each american paid over 28k for the bazillion dollar stimulus.....with very little to show for it, other than signs being posted that this is a recory program.,,,,what else would this admin publish other than something to pump you up..... THE usa isnt out of recession til the unemployment gets to a reasonable level.....in california the state just raised everyones personal income tax by 10 per cent...


Robyn5 replies on 10/31/2009 8:35 am:
Its the same as here so. We all had to get the banks out of debt, now they are holding on to the money and we will be even worse off in December. Happy Christmas to us all

earthytaurus3
7097 posts 

10/30/2009 1:52 pm

Good blog, Robyn .... something we all must take note of. This is the stuff that matters!!


Robyn5 replies on 10/31/2009 8:33 am:
Hi ET. I agree with you. Im wondering just how much worse it can get. There are demonstrations and strikes planned, both here and in UK. I think its time the people stood up and had their say. The Government in Ireland takes no notice, they are on another planet.

Elle7123
248 posts 

10/30/2009 9:45 am

Robyn: From what you've said, Ireland/Irish citizens will have VERY difficult times - shades of 1929 --> 19___ and/or ---> 2009, eh?

Robyn - about the USA 'coming out of the recession' - that's just a bunch of words-words-words, written by a 'Speech Writer' who was paid for 2-3 days work; someone in USA's gov't whose specialty is similar to the words of W Shakespeare --- "full of sound and fury - SIGNIFYING NOTHING (nothing more than someone's good intentions of making attempt(s) to 'encourage' many-MANY MILLIONS of unemployed people who have lost their homes, are living in shelters, going to sleep with their stomach(s) and bank/banque accounts worse than empty, their funds are in MINUS NUMBERS (in other words, queue'ing up in gov't offices to complete the forms to get 'dole' funds!)

Robyn: Anyone wishing to emigrate to the USA believing there's a 'better life' available to them here will find themselves going from the proverbial 'frying pan into the fire'. Sad, but true is - that the 'fire' might be in a 50-gallon metal drum under a highway 'interchange' bridge.

Robyn - Planet Earth's economy has imploded; much of it has simply collapsed. Who knows when that might significantly improve? Let's ask the government's speech writers.


Robyn5 replies on 10/31/2009 8:31 am:
Hi Elle, I guessed as much. When I heard the recession was over in US I really became a bit hopeful, then the housing in UK improving, well, I did think it was a bit too good to be true. I grab on to every little piece of positive news, but really our December budget is like a death sentence hanging over us all, and Im not joking. The speech writers are having a ball, writing chit, - wish it were true.

blackpool_bloke
2499 posts 

10/30/2009 9:39 am

Robyn the recession is as deep as it every was , jobs are still being lost whilst any vacancies attract litterally hundreds of applicants

small businesses are still going pop but that has now slowed somewhat and in the high street its a very grim picture , the 4,000 sq ft smartshop opposite my sweet shop closes in january they have finally done a deal with the leaseese my own shop just covers its costs with little left over and i cant get out of it

my own business is for sale for free , just pay me for the stock but so far just 3 dreamers have arrived and gone ~ this was a top trading spot in the town 12 months ago , there is no signs that its going to get better for several years yet remember the 1990 recesssion it lasted untill 96' and this one is even deeper

but its even more grim in Spain ~ recession there has been and is even deeper than here thousands of small business owners simply threw in their keys at the estate/letting agents and flew back home saying sue me for the rent ~ Spanish law allows failing business owners a get out clause ( lucky them )


Robyn5 replies on 10/31/2009 8:29 am:
Hi blackpool, Im sorry about your shop. There is a shop like yours just down the road from us, they sell everything and its like the old privately owned grocery stores of old. The original owner went bankrupt. He was just married! It has been taken over again but things are not good. I didnt know about Spain. Most of the busy shops in Bray are closing or closed down. Whats going to happen at all?

earthytaurus3
7097 posts 

10/30/2009 9:31 am

I don't buy the bill of goods that the U.S. is out of recession. The unemployment rate is still sky rocketing, foreclosures and bankruptcies are on the rise, we have little industry left, food pantries cannot meet the demands, and Wal-Mart is the largest employer in the country with pretty much everything imported from China and paying less than a living wage without benefits to most employees. And, yes, young people graduating from college in debt up to their necks and unable to obtain work. It doesn't compute for me. It simply does not compute.


Robyn5 replies on 10/31/2009 8:26 am:
It sounds the same as Ireland ET. Nothing for the young, shops closing, in the small town where I live, there are already 4 or 5 charity shops, and 3 2Euro shops. This is where a lot of people go shopping now. The Supermarkets, ie Lidls, Tesco, Dunnes Stores, etc are in a price war, and we are benefiting from that as prices have gone down. Chaos reigns all 'round. I wondered about other countries. Thanks for your input.

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