Comments on: Expect tears and much angst in Budget X Factor http://www.davidmcwilliams.ie/2009/01/07/expect-tears-and-much-angst-in-budget-x-factor?utm_source=rss&utm_medium=rss&utm_campaign=expect-tears-and-much-angst-in-budget-x-factor The website of economist, author and broadcaster, David McWilliams Thu, 09 Feb 2012 02:14:40 +0000 hourly 1 http://wordpress.org/?v=3.2 By: Various Items « The Clockwork Chartophylax http://www.davidmcwilliams.ie/2009/01/07/expect-tears-and-much-angst-in-budget-x-factor/comment-page-1#comment-51798 Various Items « The Clockwork Chartophylax Mon, 19 Jan 2009 11:31:59 +0000 http://www.davidmcwilliams.ie/?p=901#comment-51798 [...] 2: Given this: The State faces a budget shortfall of around €17bn. This is up, in just three months, from a [...] [...] 2: Given this: The State faces a budget shortfall of around €17bn. This is up, in just three months, from a [...]

]]> By: Tim http://www.davidmcwilliams.ie/2009/01/07/expect-tears-and-much-angst-in-budget-x-factor/comment-page-1#comment-51426 Tim Fri, 16 Jan 2009 21:50:48 +0000 http://www.davidmcwilliams.ie/?p=901#comment-51426 David, wait and see the devastation that will be caused for generations by the cuts in education. By mid-February, the bite will be felt. By October 2009, disaster will be clear, with substitution gone, free books for poor kids gone (thus, they will be ashamed to go to school and will stay home - the lost children: increase in crime and cost of prison time for them instead of education spending/investment in them). The lost jobs in teaching; dole payments to them. The cut the early retirement scheme for older teachers who want to leave, yet cut the jobs of the younger ones who want to stay - just like Dublin Bus, today. These cuts are anomalous. If we always do what we've always done, we'll always get what we've always got. We MUST INVEST in education: we must invest in the future of our country. Capital spending being sacrosanct should focus, in the first instance, on HUMAN capital. David, wait and see the devastation that will be caused for generations by the cuts in education. By mid-February, the bite will be felt. By October 2009, disaster will be clear, with substitution gone, free books for poor kids gone (thus, they will be ashamed to go to school and will stay home – the lost children: increase in crime and cost of prison time for them instead of education spending/investment in them).

The lost jobs in teaching; dole payments to them. The cut the early retirement scheme for older teachers who want to leave, yet cut the jobs of the younger ones who want to stay – just like Dublin Bus, today.

These cuts are anomalous.

If we always do what we’ve always done, we’ll always get what we’ve always got. We MUST INVEST in education: we must invest in the future of our country.

Capital spending being sacrosanct should focus, in the first instance, on HUMAN capital.

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