Ireland Post Troika What lies ahead ? Economist Irving Fisher - - PowerPoint PPT Presentation

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Ireland Post Troika What lies ahead ? Economist Irving Fisher - - PowerPoint PPT Presentation

Jan 06, 2024 13 likes •814 views

Conall Mrin Sunday Business Show Ireland Post Troika What lies ahead ? Economist Irving Fisher October 1929, three days before the stock market crash A Decca Records executive bands manager, Brian Epstein, following an audition in

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Ireland Post Troika – What lies ahead?

Conall Ó Móráin

Sunday Business Show

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Economist Irving Fisher October 1929, three days before the stock market crash

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A Decca Records executive band’s manager, Brian Epstein, following an audition in 1962.

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Microsoft CEO Steve Ballmer, 2007

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Let us Imagine

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Imagine we lived in a positive Ireland

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Not in a deluded Ireland

SCOREBOARD

IRELAND 101 NEW ZEALAND 3

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A realistic Ireland

Unemployment 14% Was 4.5% = FULL employement

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Where is the opposing view?

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Imagine no ‘MoanLine’ …

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Imagine if we just did things differently

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Imagine if we had a real culture of enterprise?

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I said a real culture of enterprise – not power apes

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No! - Imagine we had a true culture of enterprise

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Let’s talk SMALL government for a small nation

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Imagine discussions on ‘small government’ not involving Michael Graham

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And not the All American - Joe the Plumber

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  • 2,200,000

employees

  • €360 billion

turnover

52 senior managers including directors

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Bigger than Ireland Inc.

52 Senior Managers

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Recognise we can and do things differently

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Some random suggestions

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The Dept. of Defence budget - €890m

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It’s not all savings

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Costa Rica

  • Population 4.5 million
  • Abolished its army in

1949.

  • Only Latin American

democracy since 1950 or earlier.

  • Consistently among top

Latin American countries in Human Development Index ranked 62nd in the world in 2012.

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Let’s talk sweat

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Entrepreneurs love a bit of sweat

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Imagine sweating the national assets

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Imagine hospitals on double shifts and working weekends

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Imagine school building designed as community centres

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Imagine a national fleet of school buses unblocking

  • ur roads
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Imagine school day starts earlier or later

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Imagine (say) UCD doubling up

  • Not

2 semesters of 12 weeks each teaching just 25,000 students

  • Why not

4 semesters of 12 weeks each teaching 50,000 students

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Olympic swimming pool

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Brand new theatre (cinema as well)

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Debating chamber

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Belfield Bowl

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Many, many lecture theatres

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38 Third Level Institutions

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Doctors, lawyers may not like it? The Troika would!

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As would quite a few more people…

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Imagine car tax paid at the fuel pump

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Give people real ‘frontline’ work to do

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UN's Top 50 2012 e-Government Readiness Index

  • Rank

Country Index

  • 1

South Korea 0.9283

  • 2

Netherlands 0.9125

  • 3

United Kingdom 0.8960

  • 4

Denmark 0.8889

  • 5

United States 0.8687

  • 6

France 0.8635

  • 7

Sweden 0.8599

  • 8

Norway 0.8593

  • 9

Finland 0.8505

  • 28

Lithuania 0.7333

  • 29

Croatia 0.7328

  • 30

Hungary 0.7208

  • 31

Italy 0.7190

  • 32

Portugal 0.7165

  • 33

Ireland 0.7194

  • 34

Malta 0.7131

  • 35

Bahrain 0.6946

  • 36

Greece 0.6872

  • 37

Kazakhstan 0.6844

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Imagine car insurance paid at the fuel pump

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Imagine some of our finest entrepreneurs could get back to work

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Imagine TV licence paid via Sky or UPC

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Give this man his life back

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Imagine RTE sold its D4 campus to fill pension hole

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Can Gerry Robinson fix the NHS?

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Imagine we had regulation

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Imagine if we had regulation

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Imagine we had regulation

  • PRIORY HALL
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IFSX

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Imagine State salaries were realistic

  • Pres. Obama

€307,000

plus expenses

Joe Higgins TD

€254,699

plus expenses (including

Socialist Party Leader’s allowance)

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Income

  • Make it – take it
  • Don’t make – don’t take it
  • Small government please
  • BUT recognise the nuance
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Who doesn’t love us…

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A frightening statistic

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We are but the flea on…

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What could happen

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This is the real action

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Nuttall Report

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Employee participation

  • Higher GROWTH
  • Higher RETENTION
  • Lower ABSENTEEISM
  • No cost to the Exchequer
  • UK government investing £50 million a year
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Airy fairy socialism?

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One of Spain’s largest enterprises

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Worldwide professional services

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A culture change in State owned enterprises

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Imagine an Irish enterprise that needed a culture change…

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Not just the State sector

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A (partial) Irish solution to an Irish problem..

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ICOS

  • There are >200 agri-retail stores in operation

in Ireland.

  • Formed in 1906, Templecrone Agricultural Co-
  • perative Society is a retail co-op chain based

in Co. Donegal with annual sales of €15m.

  • Our 'cousins' in the Plunkett Foundation have

helped develop >250 community-based shops and co-operative pubs across the UK.

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Imagine farmers selling their own meat?

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Put the Troika behind us

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Ireland Post Troika – What lies ahead GREAT THINGS

Conall Ó Móráin

Sunday Business Show