Labour to protect the insiders, feck the unemployed?

The Indo report that Eamon Gilmore has ruled out cuts in pay for those with the safest jobs in the country – he will however save money by cutting €750 million from Capital Spending (that’s spending on infrastructure such as school buildings, roads, hospitals etc).

So there you have it, priorities clear as day – protect incumbent well-paid workers with safe jobs, cut spending that would create jobs. Feck the unemployed!

No bio, some books worth reading – The Rational Optimist: How Prosperity Evolves – Matt Ridley .

Crisis Economics: A Crash Course in the Future of Finance -Nouriel Roubini, Stephen Mihm