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Originally posted by Hitchhiker's Guide To... View PostA final commitment to the 'living wage' by the gov. They are going to rachet up to it over the next four years, but if it was set for next year it would be €26k minimum annual salary. Two minimum wage earners in a family and they're on over €50k. We've come a long way from the days of Roddy Doyle's Ireland. Fair fucks.
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Originally posted by Tar.Aldarion View Post
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Originally posted by Silver-Tiger View PostWhat's the best Sports book people have read/listened to in the last year?
Also, on a more general American theme, liked Glory Days."We are not Europeans. Those people on the continent are freaks."
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Originally posted by Raoul Duke III View Post
Across the River - I don't even like American football but there is some very good writing about it.
Also, on a more general American theme, liked Glory Days.
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UK budget statement today. It's looking pretty grim for them, with almost no flexibility to do anything except cut cut cut. E.g. most of the public sector are getting an effective 8% pay cut (11% inflation and 3% pay rise), when they are already quite low-paid. Even their personal tax system, which used to be far better than ours, is starting to turn far worse, when you factor in that everyone also pays significant council tax, and most people under the age of 30 are saddled with 8% extra tax due to their student loan scheme, and will be for quite a bit of their 30s also.
I wonder can we ride out the storm ourselves, in terms of retaining corporation tax receipts? A few years of maintained growth like we saw this year, allowing budgets like this year, and we'll have fully broken through the 'catching up' gap with our past. Just that sustained effect of consistently large public investment for a few years in a row.
We'd have the motorway network essentially finished, allowing a much bigger switch towards substantial public transport schemes like rail and light rail. We'd be finally on track with housing (long term demand is about 30k homes a year, and we'll do 28k this year, but there's a massive backlog of demand). We'd have the social care system much closer to Europe, especially in things like childcare.
It feels like, if we can keep it up, it would essentially be like when you move into an old house and need to spend loads of time on the core fabric of the house, but eventually you get to the point of choosing the light fixtures. That we'd be moving a lot closer towards the light fixtures stage if we can luck ourselves into a few more years of boom-time tax receipts."We're not f*cking Burundi" - Big Phil
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Originally posted by Hitchhiker's Guide To... View PostUK budget statement today. It's looking pretty grim for them, with almost no flexibility to do anything except cut cut cut. E.g. most of the public sector are getting an effective 8% pay cut (11% inflation and 3% pay rise), when they are already quite low-paid. Even their personal tax system, which used to be far better than ours, is starting to turn far worse, when you factor in that everyone also pays significant council tax, and most people under the age of 30 are saddled with 8% extra tax due to their student loan scheme, and will be for quite a bit of their 30s also.
I wonder can we ride out the storm ourselves, in terms of retaining corporation tax receipts? A few years of maintained growth like we saw this year, allowing budgets like this year, and we'll have fully broken through the 'catching up' gap with our past. Just that sustained effect of consistently large public investment for a few years in a row.
We'd have the motorway network essentially finished, allowing a much bigger switch towards substantial public transport schemes like rail and light rail. We'd be finally on track with housing (long term demand is about 30k homes a year, and we'll do 28k this year, but there's a massive backlog of demand). We'd have the social care system much closer to Europe, especially in things like childcare.
It feels like, if we can keep it up, it would essentially be like when you move into an old house and need to spend loads of time on the core fabric of the house, but eventually you get to the point of choosing the light fixtures. That we'd be moving a lot closer towards the light fixtures stage if we can luck ourselves into a few more years of boom-time tax receipts.
"We are not Europeans. Those people on the continent are freaks."
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Originally posted by Hitchhiker's Guide To... View PostUK budget statement today. It's looking pretty grim for them, with almost no flexibility to do anything except cut cut cut. E.g. most of the public sector are getting an effective 8% pay cut (11% inflation and 3% pay rise), when they are already quite low-paid. Even their personal tax system, which used to be far better than ours, is starting to turn far worse, when you factor in that everyone also pays significant council tax, and most people under the age of 30 are saddled with 8% extra tax due to their student loan scheme, and will be for quite a bit of their 30s also.
I wonder can we ride out the storm ourselves, in terms of retaining corporation tax receipts? A few years of maintained growth like we saw this year, allowing budgets like this year, and we'll have fully broken through the 'catching up' gap with our past. Just that sustained effect of consistently large public investment for a few years in a row.
We'd have the motorway network essentially finished, allowing a much bigger switch towards substantial public transport schemes like rail and light rail. We'd be finally on track with housing (long term demand is about 30k homes a year, and we'll do 28k this year, but there's a massive backlog of demand). We'd have the social care system much closer to Europe, especially in things like childcare.
It feels like, if we can keep it up, it would essentially be like when you move into an old house and need to spend loads of time on the core fabric of the house, but eventually you get to the point of choosing the light fixtures. That we'd be moving a lot closer towards the light fixtures stage if we can luck ourselves into a few more years of boom-time tax receipts.
Personally in a pretty shitty place due my my leg dragging on and on, and sick to death of my job where my division has been sold to a bigger and better competitor and we're being told it's all brilliant and will be even better, which means fuck waiting around for redundancies and get out of there before it becomes a shit show, and you're left holding the baby.
On that note, there is now a very good chance we're moving on to pastures new, and the more i think about it the better it feels. i really thought London would be our home until retirement, but looks like there may be an extra step before then, as my wife has been offered a new role in a foreign land. Currently in the process of negotiating the package, and if it's approved, off we go next summer. Eldest son will be off to uni, so we'd most likely be saying good bye to him anyway, although we were hoping he'd get in to imperial and live at home, and he's now said he'll apply to unis where we're going as there are a couple of great ones there too, and he'd be happy to move with us. And then there's the youngest, who's not too keen on moving as he's happy here, and loves his new school, but will do what needs doing for the family (for him anyway, the hardest part would be getting separated from his brother).
Only real issue i foresee is that i'm no spring chicken and not sure how many new jobs i'll be offered. Pretty sure i'll find one over there, but it's when we come back and i'm in my late 50s, how easy will it be then? Guess i'll just have to be a kept man at that stage. the wife will be able to afford it.
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Originally posted by Raoul Duke III View Post
The problem is that we have very little control over that good MNC fortune. I'm amazed the recent tech downsizing news hasn't been analysed more in the media here. Like, for every tech job that goes - there goes (easily imo) 2/3 of a nurse\teacher\garda salary.
We do have some 'control' imo. As in, we're such a strong global base on tech human capital, that that at least keeps us 'sticky' in terms of tech companies probably choosing Dublin retention over somewhere else deemed 'less critical'. Plus there are the IDA relationships, that tend to be quite long-term and personal, rather than purely transactional. Obv, if the whole world goes to shit, then we go to shit with it, but we're not quite a willowing flower at the pure beck and call of some guy in downtown SanFran. We have some social capital in the game."We're not f*cking Burundi" - Big Phil
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Originally posted by shrapnel View Post
Have to say the UK is a fairly depressing place these days. Prices are through the roof on everything, crime is getting way worse, politics are a shit show, and there's no real sign things will ever change. I know they will but seems a lifetime away at this stage.
Personally in a pretty shitty place due my my leg dragging on and on, and sick to death of my job where my division has been sold to a bigger and better competitor and we're being told it's all brilliant and will be even better, which means fuck waiting around for redundancies and get out of there before it becomes a shit show, and you're left holding the baby.
On that note, there is now a very good chance we're moving on to pastures new, and the more i think about it the better it feels. i really thought London would be our home until retirement, but looks like there may be an extra step before then, as my wife has been offered a new role in a foreign land. Currently in the process of negotiating the package, and if it's approved, off we go next summer. Eldest son will be off to uni, so we'd most likely be saying good bye to him anyway, although we were hoping he'd get in to imperial and live at home, and he's now said he'll apply to unis where we're going as there are a couple of great ones there too, and he'd be happy to move with us. And then there's the youngest, who's not too keen on moving as he's happy here, and loves his new school, but will do what needs doing for the family (for him anyway, the hardest part would be getting separated from his brother).
Only real issue i foresee is that i'm no spring chicken and not sure how many new jobs i'll be offered. Pretty sure i'll find one over there, but it's when we come back and i'm in my late 50s, how easy will it be then? Guess i'll just have to be a kept man at that stage. the wife will be able to afford it."We're not f*cking Burundi" - Big Phil
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Originally posted by Raoul Duke III View Post
The problem is that we have very little control over that good MNC fortune. I'm amazed the recent tech downsizing news hasn't been analysed more in the media here. Like, for every tech job that goes - there goes (easily imo) 2/3 of a nurse\teacher\garda salary.
On a serious note, it still remains to be seen what's going to happen but it was a make-hay type arrangement. I hope that this tech contraction/correction or whatever they're calling it doesn't extend further. 2023 could yet be the year of growing lettuce on the windowsill.
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Originally posted by coillcam View Post
Sure we have a "rainy day fund" .
Things like investing €3bn in the national broadband network, meaning people can work from anywhere on the island, are vastly better long-term uses of money than having that €3bn sitting on deposit in the ECB. We could also say the same about the investment in reducing the cost of childcare, which has big returns in terms of the availability of mothers in the workplace."We're not f*cking Burundi" - Big Phil
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Originally posted by Hitchhiker's Guide To... View Post
fuuuuck, that's exciting! Whereabouts?!
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Originally posted by shrapnel View Post
Geneva! boring i know, but at the same time we've become very outdoorsy people in our middle age. i'm in to Golf and wind surfing (i love to ski also but sadly with my leg, it's just not an option anymore), wife's into open water swimming and skiing, and the son is into rock climbing, mountain biking, and although he's never tried it yet, i have no doubt he'll absolutely love skiing/snowboarding, so being less then 30 minutes from the nearest ski lift, and 10 minutes from the nearest lake access point, is going to be pretty cool!"We're not f*cking Burundi" - Big Phil
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Originally posted by Hitchhiker's Guide To... View Post
Its better to have it and be trying to work out how to keep it, than to not have it and be trying to work out how to get it
We do have some 'control' imo. As in, we're such a strong global base on tech human capital, that that at least keeps us 'sticky' in terms of tech companies probably choosing Dublin retention over somewhere else deemed 'less critical'. Plus there are the IDA relationships, that tend to be quite long-term and personal, rather than purely transactional. Obv, if the whole world goes to shit, then we go to shit with it, but we're not quite a willowing flower at the pure beck and call of some guy in downtown SanFran. We have some social capital in the game.
It's the concentration of tax revenue (literally 10 tech and bio companies contribute over half) that represents the biggest risk. And the high earners that work for the MNCs contribute well over half of all income taxes, hence my comment about tech downsizing.
We've actually narrowed our tax base since the crash. That's scary."We are not Europeans. Those people on the continent are freaks."
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Originally posted by Hitchhiker's Guide To... View Post
Lovely. Some decent unis around there also. I guess Lyon could even be considered.
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Just looking at the disposable income here of the median household its, give or take a few quid, no change in two decades. There hasn't been an increase in household income in two freaking decades.
Edit: Ireland over the same period had a 36% increase in median household income. 20 years ago we were just slightly above the UK, now about 40% higher.Last edited by Hitchhiker's Guide To...; 17-11-22, 13:07."We're not f*cking Burundi" - Big Phil
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Originally posted by shrapnel View Post
that is a tough cut, but at the same time, there is a great ISA here (20k per annum)with no CGT, and no CGT on your main property"We're not f*cking Burundi" - Big Phil
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Originally posted by Hitchhiker's Guide To... View Post.
Just looking at the disposable income here of the median household its, give or take a few quid, no change in two decades. There hasn't been an increase in household income in two freaking decades.
Edit: Ireland over the same period had a 36% increase in median household income. 20 years ago we were just slightly above the UK, now about 40% higher.You are technically correct...the best kind of correct
World Record Holder for Long Distance Soul Reads: May 7th 2011
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Originally posted by Raoul Duke III View Post
Yes, of course. And, to your point, we've been decades in this game now without it all falling apart.
It's the concentration of tax revenue (literally 10 tech and bio companies contribute over half) that represents the biggest risk. And the high earners that work for the MNCs contribute well over half of all income taxes, hence my comment about tech downsizing.
We've actually narrowed our tax base since the crash. That's scary.Happiness is not a goal; it is a by-product. ~Eleanor Roosevelt
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Originally posted by Kayroo View Post
Surely that is a *deeply* misleading stat? I don't know exactly how the median income is calculated so could be wrong here but surely if the high end income rises but the lower end of the scale remains static then the median income rises despite it having no real impact on the overwhelming majority of people?
The average would rise in that instance but median would be more indicative of a rising tide lifts all boats scenario.
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Yeah. Median is the correct stat. Its the mean, or average, measure that is skewed by very high incomes (the thing you are talking about). The median person is literally the person right bang in the middle. Its precisely the measure that you use when you don't want to be 'misleading'.
Edit: A decent TheJournal fact-checking article addressing the precise point.Last edited by Hitchhiker's Guide To...; 17-11-22, 14:12."We're not f*cking Burundi" - Big Phil
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That tweet and article got a lot of traction a few months ago.
Pretty sure it was shared here and Noahpinnion (Noah Smith) wrote a piece on it about the headline being misleading but irrespective of the narrative it’s interesting to see how different segments of societies are better or worse than others.
He quoted McWilliams too and highlighted Ireland so we’re in there somewhere.
Yeah that’s us:
Last edited by Murdrum; 17-11-22, 14:34.
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Wasn't until I spent two years in Preston, drinking with the locals, that I fully understood what poverty is like in the UK for people at the lower extremes. It is grindingly awful. No escape from it either. The rise in the minimum wage over there though must be doing some good, as its quite decent now."We're not f*cking Burundi" - Big Phil
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Why are sockets so far up walls in houses now? Each room has this. I'm guessing my Cat5 is behind the blank panels and I'll have to replace the panel etc and wire it up. It'll look silly to have all the wires coming down in rooms?!
AUWc1ZGl.jpg
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Originally posted by shrapnel View Post
Geneva! boring i know, but at the same time we've become very outdoorsy people in our middle age. i'm in to Golf and wind surfing (i love to ski also but sadly with my leg, it's just not an option anymore), wife's into open water swimming and skiing, and the son is into rock climbing, mountain biking, and although he's never tried it yet, i have no doubt he'll absolutely love skiing/snowboarding, so being less then 30 minutes from the nearest ski lift, and 10 minutes from the nearest lake access point, is going to be pretty cool!
Good luck with the leg, I’d say the added annoyance of that is tempering the excitement in living in a new City. Well timed too, the UK is imploding . They Brexecuted themselves.
Yer man Farage looks like a rejected Spitting Image Puppet.
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Originally posted by Tar.Aldarion View PostWhy are sockets so far up walls in houses now? Each room has this. I'm guessing my Cat5 is behind the blank panels and I'll have to replace the panel etc and wire it up. It'll look silly to have all the wires coming down in rooms?!
AUWc1ZGl.jpg"We are not Europeans. Those people on the continent are freaks."
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Originally posted by Tar.Aldarion View PostWhy are sockets so far up walls in houses now? Each room has this. I'm guessing my Cat5 is behind the blank panels and I'll have to replace the panel etc and wire it up. It'll look silly to have all the wires coming down in rooms?!
AUWc1ZGl.jpg
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Originally posted by Dice75 View Post
We got one like that in extension purely for wall hung TV so no wires visible, hardly that?
Tar.Aldarion - It wouldn't be normal for the gaff to come cat6. Did you get the house re-wired and ask for Cat6 in it?
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Originally posted by coillcam View Post
That's it. My mate had a new build like this. Coax behind the blank plates for living room, kitchen and master bedroom.
Tar.Aldarion - It wouldn't be normal for the gaff to come cat6. Did you get the house re-wired and ask for Cat6 in it?
Now to try and find couches and beds and stuff. All furniture is gone but pleasantly surprised that the washing machine and the dryer stayed, thought they were for show too.Last edited by Tar.Aldarion; 17-11-22, 17:53.
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Originally posted by Hitchhiker's Guide To... View PostWasn't until I spent two years in Preston, drinking with the locals, that I fully understood what poverty is like in the UK for people at the lower extremes. It is grindingly awful. No escape from it either. The rise in the minimum wage over there though must be doing some good, as its quite decent now.Turning millions into thousands
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Originally posted by Strewelpeter View Post
The lifestyle of the working poor in the UK seems to be especially grim and devoid of craic all the more so since the destruction of the mining and industrial communities since the '80s
Will you ever fuck off with that shite... you are easily one of the worst posters on here for this-Pokerhand
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filedata/fetch?id=1727364&d=1668722241&type=thumb I like this .
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This gallery has 1 photos.Last edited by Solksjaer!; 17-11-22, 22:09.
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Originally posted by Strewelpeter View Post99.9% that's a fake 'Doing a Tobin'
Unless it's some other TobinI hold silver in tit for tat, and I love you for that
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Originally posted by Lazare View Post
Please clarify for others that 'Doing a Tobin' doesn't mean wanking on zoom, or any form of guy getting caught wanking.
Unless it's some other Tobin
Turning millions into thousands
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Originally posted by Strewelpeter View Post"We're not f*cking Burundi" - Big Phil
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