Public job cuts will be worth the pain
The numbers employed by the State are unsustainable and the onus is on them to step forward and step down, writes Eamonn Blaney
Published 26/09/2010 | 05:00
No doubt you are sick of listening to the radio, watching the television or reading newspapers and getting nothing but bad economic news.
Unfortunately, this is happening because our Government -- and many of us -- closed our eyes and ears to the reality of what was unfolding before the meltdown. The priority now is to resolve it the best we can and as quickly and as equitably as possible. To do so is going to require some major decisions, all of which will have substantial and far-reaching consequences for every one of us.
Finance Minister Brian Lenihan should immediately tell us what options he considered prior to the bank guarantee scheme and the implications of each. Not once, since this crisis began, have we been treated like adults and told exactly what options were considered. Instead, we were told the bank guarantee scheme is the only show in town, with no explanation whatsoever. Suspiciously, none of the other options (if any) have been discussed publicly by the Government. Regardless, in my humble opinion there are only three options available to us and all are painful.