Ireland ‘faffed around’ on Metrolink and ‘wasted a good recession’ to build it, summit hears
https://jrnl.ie/7039886
Posted by DaCor_ie
Ireland ‘faffed around’ on Metrolink and ‘wasted a good recession’ to build it, summit hears
https://jrnl.ie/7039886
Posted by DaCor_ie
11 Comments
Yep, but it wasn’t exactly our fault, the Troika had austerity as their primary focus, even if we had decided to go deeper into debt at high rates it still would have made sense. You tax booms, cut taxes in recessions, likewise you build in recessions.
You’ve heard of the great depression but what about the good recession
who is he? captain hindsight?
The problem with stuff like this is it requires you to assume the government then would have known how well the economy would have recovered.
That’s unrealistic.
In any event, he glosses over all of the political considerations, especially how much rural Ireland resents spending on Dublin. He’s obviously forgotten 2016.
Wild thought, if we start building it today, it’ll be cheaper than starting to build it in 10 years time. Inflation will keep driving costs up year after year
Hmm….I am all in favour of the Metrolink, but “cost of not building” seems a bit far fetched. The LUAS is going through the city centre since well over a decade, and traffic and delays have by no means gone down. I doubt the Metrolink will make a dent. There is a reason why the words “car culture” exist.
Yet we’ll continue to vote in the same money hungry single minded political parties FF & FG. Bunch of wasters
I’m not shocked I agree with everything they’re saying. The approval process is wild nonsense and need to be massively expediated. If that means some people dont get to grandstand about bats or badgers then fuck’em, the rest of us would like housing and infrastructure.
The League of Ireland is facing a similar dilemma:
– Dalymount Park will now cost around 3 times what it should have cost.
– The Showgrounds & Finn Park are trying to break ground asap but rising costs are always a headache
– Pats are buying up houses beside richmond park to great expense, but the sooner you do it the sooner you can get working on a new stadium
– Eamonn Deacy Park, Markets Field, Oriel Park, United Park & Tolka Park are all in various states, none of which are befitting the thriving clubs that play in them.
If it were up to me I’d announc a €300m fund to revilutionise the leagues stadia, have it coincide with a multi million TV deal. The benefits to the economy will have it paying for itself in no time.
Do these people not know that Ireland was bankrupt during this period? They had no money. The money was provided by Troika and they decided what happened.
If Troika didn’t want to give Ireland €10 billion for a metro, then it wasn’t an option for Ireland.
It’s a bit like losing your job and asking bank for a new car loan, when you can’t afford to pay your mortgage, because a new car would improve your quality of life.
Ok Professor Hindsight. We had a plan for a metro before 2008. The faffing around is an odd way of describing a massive recession, collapse in finances and the IMF/EU running the country. The best time is always today so not sure what this navel gazing is about….