Half of Ireland's young people have had their entire future stolen from them before their very eyes.
Half of Ireland's young people have low level of mental wellbeing
31–40 of 91 posts
Re: Half of Ireland's young people have low level of mental wellbeing
#32The picture - seriously?
Brought to you by Gemini. When cultural accuracy won't fly: Gemini
Re: Half of Ireland's young people have low level of mental wellbeing
#33Earlier quoted context omitted.
Yeah GDP is cooked and is largely inflated by the foreign corporations. What does Ireland have to show for that €223B debt? All of that money was thrown into the welfare pit. What does Ireland has to show for such a large government employees. Health service is in tatters, so is housing. Come on. Put down the rose tinted glasses.
> All of that money was thrown into the welfare pit. Largely bailing out the banks, actually. Debt fell to practically nothing prior to the financial crisis, then leapt up, and has been kinda flat ever since. So, I mean, arguably welfare for the rich? We were arguably over-generous with the banks. > What does Ireland has to show for such a large government employees. Health service is in tatters, so is housing. Again…
Please visit https://whereyourmoneygoes.gov.ie/en/
Welfare dependency in Ireland is of another level. 4% figure is cooked by engaging people into government skill programs
Re: Half of Ireland's young people have low level of mental wellbeing
#34Ireland is in a very bad spot right now. They are in a deep recession, over a year of gdp contraction. Later this month we find out last quarter's gdp reduction and if it's -0.6% or worse, Ireland moves from recession to depression. Which I will be shocked to see if they achieve anything better. Ireland's housing crisis: https://www.nytimes.com/2024/01/15/world/europe/ireland-hous... Overall Ireland is in a bad spot…
GDP when it comes to Ireland is not the best measure, yes it was down in 2023 due to lower returns from pharmaceutical and contract manufacturing multinationals. Modified Domestic Demand, a better measure of the internal economy was up 0.5%, much better but will still be felt relative to the crazy highs Ireland reached the past few years. The new OECD tax agreement means GDP and tax will remain under pressure (tax su…
+1
The Irish Central Bank doesn't use GDP anymore because our tax haven status distorts it so much.
Re: Half of Ireland's young people have low level of mental wellbeing
#35Half of Ireland's young people have had their entire future stolen from them before their very eyes.
I am curious. Please give us more information on what you are referring to and your specific point of view.
Re: Half of Ireland's young people have low level of mental wellbeing
#36We also don't talk enough about the mental impact of living in one of the worst weather on the planet. Every other day is rainy, dark and foggy.
I’ll never forget the sense of wellbeing I felt after my first “sun holiday” further south, it was revelatory.
The strawberries are good down there too.
Re: Half of Ireland's young people have low level of mental wellbeing
#37Earlier quoted context omitted.
> Almost €300B national debt Well, 223bn, but what's 77bn between friends? About 40% GDP. This puts it fairly low as far as developed countries go (Germany's 66%, UK 97%, US 130%, Japan 264%). > Governing is giving free houses I mean, not notably. > money to people who don't work Ireland has functional full employment (about 4% unemployment rate). Social welfare isn't particularly lavish by Western European standards…
Yeah GDP is cooked and is largely inflated by the foreign corporations. What does Ireland have to show for that €223B debt? All of that money was thrown into the welfare pit. What does Ireland has to show for such a large government employees. Health service is in tatters, so is housing. Come on. Put down the rose tinted glasses.
The debt was built up majority bailing out the banks from the 2008 housing crisis to the cost of $85B. If it was spent on welfare, it was on corporate welfare.
As for health,the health outcomes are 6 years more life per person for $7.1k/person/yr compared to the US which costs $12.5kpp/yr.
Re: Half of Ireland's young people have low level of mental wellbeing
#38Half of Ireland's young people have had their entire future stolen from them before their very eyes.
I am curious. Please give us more information on what you are referring to and your specific point of view.
https://archive.ph/raUZk
(originally https://www.nytimes.com/2024/01/15/world/europe/ireland-hous...)
Allow me to further point out that 'just live with your parents' requires that your parents be close to your job. However the lion's share of jobs (worth having) are in Dublin. Therefore if you're not from Dublin you don't get the free parents rent, you pay the same $3k that you would rather pay as a mortgage or save as as downpayment, and are then outcompeted by those who were able to avail of the benefit.
Therefore what we're seeing is a total destruction of wealth for anyone outside of Dublin.
Nevermind the oft maligned truth that your ability to pay €X in monthly rent is insufficent evidence of your ability to pay €0.8X in a mortgage thanks to the new rules brought in after the previous generation a) got their houses and b) ruined everything with bailout debt.
Re: Half of Ireland's young people have low level of mental wellbeing
#39Earlier quoted context omitted.
I mean let’s be honest adults here - a 300B national debt is literally nothing. Not even worth discussing in a post or even acting like it’s a problem. Ireland ran a 4 billion euro deficit last year; again this is meaningless. You can dislike these policies you mentioned(on whatever basis…) but let’s not act like Ireland is burning here or something
What are you talking about? Ireland's population is mere 5M. That's €60K debt for each soul. And over €200K debt for a family. What does Ireland has to show for all this debt?
So about half of the debt per capita of the US?
Re: Half of Ireland's young people have low level of mental wellbeing
#40Earlier quoted context omitted.
I mean let’s be honest adults here - a 300B national debt is literally nothing. Not even worth discussing in a post or even acting like it’s a problem. Ireland ran a 4 billion euro deficit last year; again this is meaningless. You can dislike these policies you mentioned(on whatever basis…) but let’s not act like Ireland is burning here or something
What are you talking about? Ireland's population is mere 5M. That's €60K debt for each soul. And over €200K debt for a family. What does Ireland has to show for all this debt?
Others have pointed out that this amount is comfortable enough relative to GDP, but I also want to point of your method of arguing is dishonest. There will never be a day where the entire debt of a country is divided up among the citizens and then they each would have to pay that amount, so saying it’s 60k debt per each soul is kind of like a football fan saying that each Kansas City Chiefs fan each won .00001% of a Super Bowl Trophy last year. It’s sovereign debt.