Sunday 4 December 2016

Less well-off are only ones 'sharing the pain'

Published 28/07/2011 | 05:00

Right from the start of the crisis people were told "we all have to share the pain" of drastically reducing Ireland's fiscal deficit. I think most people thought this meant the "pain" would be shared equally.

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Two reports I read recently show this certainly isn't the case: first, I read that many people can't pay their basic bills -- such as gas and electricity -- and those who just about can are left with virtually no disposable income. Life is a misery for such people. Now we have a property tax coming down the line that charges the rich man the same as the poorer man.

The other report I read was about the great time some people could still have at the Galway Races despite the recession, feeding on oysters and champagne and, according to RTE, placing e10,000 bets on the horses.

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