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Conor o flynn's avatar

It’s the same in the USA, both Ireland and USA economies have good growth figures , GDP/GNP etc. Yet neither government is seeing the benefits in the polls. Why is this? I believe it’s all this inflation, many people don’t feel rich despite having higher incomes. Take home pay is being wiped from all these higher costs.

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Conor o flynn's avatar

Thanks for the response, I always maintained the ECB will give up the inflation battle to avoid a recession by cutting rates. Like prices are still rising, people’s incomes may be up in general but so are their costs .

Take Ireland, government/media always love to spin how great our economy is but many people don’t feel rich as Food. Rent, insurance,fuel and houses continue to go up even further every month.

I love to know the number of people who have to take on more jobs to meet these costs. Any data available I wonder. I know lots of people who have taken a second job or set up a business on top of their main income to supplement this.

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