Trotz globaler Gegenwinde wird die irische Wirtschaft voraussichtlich um fast 11 % wachsen – The Irish Times
https://www.irishtimes.com/business/2025/10/24/despite-global-headwinds-irish-economy-projected-to-grow-by-almost-11/
Von WickerMan111
Trotz globaler Gegenwinde wird die irische Wirtschaft voraussichtlich um fast 11 % wachsen – The Irish Times
https://www.irishtimes.com/business/2025/10/24/despite-global-headwinds-irish-economy-projected-to-grow-by-almost-11/
Von WickerMan111
18 Kommentare
Good
Better than almost 10%
Lemme guess… hyped by skewed figures from all our foreign MNCs?
>its report, Bank of Ireland predicted modified domestic demand, a more accurate measure of underlying economic activity, would expand by 3.4 per cent in 2025 and by 2.6 per cent in 2026
Good sign.
Even without the inflated GDP Irelands domestic economy is doing pretty well.
Means nothing for people on the ground were food shelter and clothing the critical aspects of our needs is becoming a more distant reality
It also ignores most of GDP wealth is exported by MNCs and it also ignores our appalling lack of investment in our infrastructure for the climate collapse and the future
GDP is good for the elite and MNCs not Irish people and the fact that there are people celebrating it, when our inflation, housing, environment, social crises are at breaking point shows how economics has become divorced form the social contract and our standards of living and happiness that should be the focus of our state and communities
GDP grows, public services get worse…. Ya sounds about right.
Mother of fuck
Super normal growth creates inflation. The butter will go up.
For context, 10% GDP growth is roughly what we’d need offset the subvention cost of a united Ireland
Be nice to see a sniff of that cash invested into public transport and fixing the trolley crisis in hospitals but best they can do is money for greyhound racing I suppose
So more McDonalds, Krispy Cremes then.
We can borrow more under ECB rules. This is the only benefit.
House prices to break 750K soon for a semi 3 bed
Doesn’t matter a damn while we’re so woefully prepared for a recession.
We’re getting what we voted for and that’s for the corporate tax money being primarily spent on hand outs, tax cuts and ballooning health and housing budgets that have no plan for how to wisely spend that money. Only 10% is going to our „sovereign wealth fund“.
But what that means is that when the next recession hits, or when the corporate tax windfalls end, the bottom 40% of workers will actually have to pay income tax; there’ll be no more handouts like free medical cards, free school books and subsidised childcare; and the health and housing departments will have to deal with billions of euros worth of cuts when they’ve gotten used to billions of extra spending every year just to remain in the same sorry state. Even if our sovereign wealth fund is raided, that’d only delay the austerity for a year, if even.
It’s going to be another austerity shit show and there’s no way out because all the opposition parties are offering the same thing or worse. It’s only a matter of time.
And it’ll happen again after that if Irish voters don’t cop onto the fact that constant give away budgets will always lead to austerity.
Aah so this is why we’re being denied everything and told no to all sorts of infrastructure or any sorts of steps toward solving any of our crisis‘. Makes total sense.
10% economic growth in an economy not building enough houses, means that peoples Discretionary Income gets smaller as the economy grows, as costs/rents rise.
The root of the problem is not building enough houses obviously – not economic growth.
r/Ireland users wanting to be happy about the economy but then realising they might have to give credit to FF / FG
