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Eimear Cunningham

πŸ‘€ Speaker
183 total appearances

Appearances Over Time

Podcast Appearances

Liveline
"We are dipping into savings now that we haven't touched in 3 years"

since 2011 it's been on and off about the USC was introduced and they were taking it out and it's still there.

Liveline
"We are dipping into savings now that we haven't touched in 3 years"

It should be taken.

Liveline
"We are dipping into savings now that we haven't touched in 3 years"

If the economy is healthy, we need to make it easier on

Liveline
"We are dipping into savings now that we haven't touched in 3 years"

our young people and on people in general.

Liveline
"We are dipping into savings now that we haven't touched in 3 years"

But also, I think, as well... You know exactly now, Eimear, what to say to that.

Liveline
"We are dipping into savings now that we haven't touched in 3 years"

Well, fine, but scrap the USC, but there's a massive hole in Exchequer finances.

Liveline
"We are dipping into savings now that we haven't touched in 3 years"

And if you also want more speech and language therapists and you want more doctors and you want more nurses and you want us to improve...

Liveline
"We are dipping into savings now that we haven't touched in 3 years"

infrastructure and you want better public transport, you want that public transport to be free, you're not going to do any of that.

Liveline
"We are dipping into savings now that we haven't touched in 3 years"

And, you know, tweaking tax bands that you were talking about already, again, the cost of that.

Liveline
"We are dipping into savings now that we haven't touched in 3 years"

Yeah, but I also feel that's offset, though, with our corporate taxes, like as in when we're performing healthily, you know, we need to make, as I said, they talk about a rainy day fund.

Liveline
"We are dipping into savings now that we haven't touched in 3 years"

It's not a rainy day anymore.

Liveline
"We are dipping into savings now that we haven't touched in 3 years"

It's a hurricane.

Liveline
"We are dipping into savings now that we haven't touched in 3 years"

And it's time, usually, look at Canada there today, they're after reducing some of the taxes temporarily as well so that people can get a bit of a break, so that the economy can stabilize for a while.

Liveline
"We are dipping into savings now that we haven't touched in 3 years"

If it was even for a period of one to two years, I really do feel it would just help people to put that extra bit of money away.

Liveline
"We are dipping into savings now that we haven't touched in 3 years"

To be fair to him, Simon Harris is after bringing that money.

Liveline
"We are dipping into savings now that we haven't touched in 3 years"

that investment scheme, which is a really good step forward, but people don't have the money to invest it with.

Liveline
"We are dipping into savings now that we haven't touched in 3 years"

So what if we had a plan where for one to two years, we could reduce it slightly, increase the savings, and just give young people a bit of a break, you know?

Liveline
"We are dipping into savings now that we haven't touched in 3 years"

I'd also highly encourage them to read up.

Liveline
"We are dipping into savings now that we haven't touched in 3 years"

Adam McGuire has a brilliant book called Bailout Babies.

Liveline
"We are dipping into savings now that we haven't touched in 3 years"

And Ray Dalio as well talks about the principles of economies and what you need to do.