I know this isn’t strictly business, and possibly doesn’t belong on a business blog, but I just can’t sit here and not say anything about the recently announced 2009 budget. Have they completely lost the plot?
Remove medical cards from the over 70’s – do you really think that Michael O’Leary is going to use his medical card when he’s in his 70’s? Or Tom Parlon for that matter? What’s the point in spending millions means testing the elderly? Maybe it’s a cunning plot to get the Health Services Executive working more closely with the Department of Social Welfare and do some team building – pretty darn expensive if so.
1% Income Levy On All Earnings – Where’s that at? The person who manages to get themselves a job at minimum wage can’t afford 1% per week, they’ll be better off on social welfare. Ho hum. Let’s watch that one backfire.
Pumping up the Construction Industry – yet again. Don’t they get it? To watch the head of the construction industry federation on the telly claiming to be quite pleased with the budget made me almost gag.
Cowenomics? Pantomime, IMO – and I’m normally quite an admirer of Fianna Fail. Take it back to the drawing board for heavens sake.