Is Ireland destined to follow the populist path? Energy bills to hit €5000? BoE outlook is terrifying. Liz Truss is the continuity Johnson PM. Pelosi: right or wrong? Windfall energy profit taxes?
Is Ireland destined to follow the populist path? Energy bills to hit €5000? BoE outlook is terrifying. Liz Truss is the continuity Johnson PM. Pelosi: right or wrong? Windfall energy profit taxes?
Hi Jim & Chris that was a very interesting podcast
I hope that your predictions re popular politics in 5 years over here can be addressed before we end up in a similar place as you highlighted in the UK Chris.
Why can people in the UK sit back and watch all of this nonsense continue.Are opinion formers and business leaders doing anything?
I am a big fan of the show. On this episode, Johns said that the Tories are mad on solar. Now that may be so, but it has to be said that the UK has some of the highest amount of solar plants in Europe but is one of the worst places for solar energy potential. Furthermore when the UK is sunny, France and neighbours are even more sunny. This means it is often better just to import solar there. Very high amounts of solar just make the grid dependent on gas. The UK should focus on nuclear which has a smaller environmental impact than solar.
Why is all I hear these days is politicans saying we must support x y and z without ever saying where the money will come from. Never do they say we will increase taxes to pay for it. Guess that won’t win elections which of course is priority number 1.
Great podcast lads. However you didn't give enough time to discussing the prospect of relieving the tax burden. Quite clearly the economy has recovered from the circumstances that had led to the introduction of the USC. And we have some of the highest prices of almost everything in Europe. I'd trust myself more to look after my money than this inept government. Uncertainty will always be there, end the USC now..... discuss.....
After the 2020 general election Fine Gael were quite comfortable with the prospect of going into opposition for a spell, and were attempting to push Fianna Fáil towards coalition with Sinn Fein - with Micheal Martin resisting that. COVID put the breaks on all that. Perhaps now is a good time for Fine Gael to revisit that strategy.
These “one for everybody in the audience” government giveaways designed to “tackle the cost of living” is Fine Gael and Fianna Fáil looking over their shoulder at Sinn Fein as their big threat. It’s beyond me why Fine Gael in particular are going along with this, when there’s an opportunity to put them both on the back foot.
I think they would be far better served saying such giveaways are reckless and make inflation worse - a bit like Sunak’s approach. Because that would push their coalition partners into a precarious position. Do they:
A) collapse the government, face a general election and potentially enter into a coalition with Sinn Fein heading into a recession? Or
B) go along with this and be seen as puppets of Fine Gael?
All bad choices for Fianna Fáil.
And similar to the point made around Liz Truss and calling a general election, Fine Gael would be better placed to come back in after a Fianna Fáil and Sinn Fein coalition tried to navigate a recession together. That navigation would be disastrous for the country though!
Hi Jim & Chris that was a very interesting podcast
I hope that your predictions re popular politics in 5 years over here can be addressed before we end up in a similar place as you highlighted in the UK Chris.
Why can people in the UK sit back and watch all of this nonsense continue.Are opinion formers and business leaders doing anything?
I am a big fan of the show. On this episode, Johns said that the Tories are mad on solar. Now that may be so, but it has to be said that the UK has some of the highest amount of solar plants in Europe but is one of the worst places for solar energy potential. Furthermore when the UK is sunny, France and neighbours are even more sunny. This means it is often better just to import solar there. Very high amounts of solar just make the grid dependent on gas. The UK should focus on nuclear which has a smaller environmental impact than solar.
Why is all I hear these days is politicans saying we must support x y and z without ever saying where the money will come from. Never do they say we will increase taxes to pay for it. Guess that won’t win elections which of course is priority number 1.
Truss is a bit mad with her Solar embargo (oh ... I forgot... it’s only an election promise - nothing will change 🤣😂👍)
Meanwhile I don’t see the Irish Gov making rules to push through solar or wind or wave energy generation - they need to get it in place soon!!
Great podcast lads. However you didn't give enough time to discussing the prospect of relieving the tax burden. Quite clearly the economy has recovered from the circumstances that had led to the introduction of the USC. And we have some of the highest prices of almost everything in Europe. I'd trust myself more to look after my money than this inept government. Uncertainty will always be there, end the USC now..... discuss.....
Great podcast this week.
After the 2020 general election Fine Gael were quite comfortable with the prospect of going into opposition for a spell, and were attempting to push Fianna Fáil towards coalition with Sinn Fein - with Micheal Martin resisting that. COVID put the breaks on all that. Perhaps now is a good time for Fine Gael to revisit that strategy.
These “one for everybody in the audience” government giveaways designed to “tackle the cost of living” is Fine Gael and Fianna Fáil looking over their shoulder at Sinn Fein as their big threat. It’s beyond me why Fine Gael in particular are going along with this, when there’s an opportunity to put them both on the back foot.
I think they would be far better served saying such giveaways are reckless and make inflation worse - a bit like Sunak’s approach. Because that would push their coalition partners into a precarious position. Do they:
A) collapse the government, face a general election and potentially enter into a coalition with Sinn Fein heading into a recession? Or
B) go along with this and be seen as puppets of Fine Gael?
All bad choices for Fianna Fáil.
And similar to the point made around Liz Truss and calling a general election, Fine Gael would be better placed to come back in after a Fianna Fáil and Sinn Fein coalition tried to navigate a recession together. That navigation would be disastrous for the country though!