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Readers E-Mail: Economy is in our hands

This e-mail came in some time ago from a ValueIreland.com reader – soon after the Lisbon ReReferendum. I don’t think I’m giving anything away by letting you know that the writer is the owner of a grocery store – gives a little extra context.

Ireland has made what should be one of the most significant and mature decisions in our history by voting Yes in Lisbon Treaty referendum. I wonder is it beyond all of us to make one more conscious decision and spend what little disposable income we may have to boost this economy. It is quite simple. All we do is purchase goods that are either produced in Ireland or if they are not produced here then distributed by Irish suppliers.
A simple explanation of where we have come from to where we are now.
Ireland was a country with very low unemployment with a reasonable public service and higher prices than other EU countries. Now Ireland is a country with very high unemployment with the prospect of a very poor public service and retail prices comparable with 1984. Yet we still have costs comparable with 2004. Yes we had higher prices but they were as a direct result of higher employment. Now we have lower prices and higher unemployment. Fewer goods are being purchased from Irish suppliers and larger quantities are being brought in from the UK and Europe. This has forced Irish suppliers to reduce staff in order to compete on price with the UK and European suppliers. This money is going out of this economy and into the UK and European economies. We are not talking about small money but millions upon millions of Euro lost to other economies that should be spent in Ireland. We will all pay a higher price than we paid for our goods when we find a reduction in vital services such as health care, policing, education etc. etc. Is this what we want for our children’s future.
We can change this by demanding Irish based companies are supported by each and every person living in Ireland. If this was our attitude over the last 10 years we would possibly not be in recession. We would not be looking at ridiculously high costs in the public sector or massive job losses in the private sector.
We can change this economy if we are brave enough to support Irish based companies and know our money is being kept in this economy and not supporting other economies.

Ireland has made what should be one of the most significant and mature decisions in our history by voting Yes in Lisbon Treaty referendum. I wonder is it beyond all of us to make one more conscious decision and spend what little disposable income we may have to boost this economy.

It is quite simple. All we do is purchase goods that are either produced in Ireland or if they are not produced here then distributed by Irish suppliers. A simple explanation of where we have come from to where we are now. Ireland was a country with very low unemployment with a reasonable public service and higher prices than other EU countries. Now Ireland is a country with very high unemployment with the prospect of a very poor public service and retail prices comparable with 1984. Yet we still have costs comparable with 2004.

Yes we had higher prices but they were as a direct result of higher employment. Now we have lower prices and higher unemployment. Fewer goods are being purchased from Irish suppliers and larger quantities are being brought in from the UK and Europe. This has forced Irish suppliers to reduce staff in order to compete on price with the UK and European suppliers. This money is going out of this economy and into the UK and European economies. We are not talking about small money but millions upon millions of Euro lost to other economies that should be spent in Ireland.

We will all pay a higher price than we paid for our goods when we find a reduction in vital services such as health care, policing, education etc. etc. Is this what we want for our children’s future. We can change this by demanding Irish based companies are supported by each and every person living in Ireland. If this was our attitude over the last 10 years we would possibly not be in recession. We would not be looking at ridiculously high costs in the public sector or massive job losses in the private sector. We can change this economy if we are brave enough to support Irish based companies and know our money is being kept in this economy and not supporting other economies.

What do you think? I don’t think the sentiment is anything different than I’ve advocated here on ValueIreland.com in the past – particularly in my Buy Irish articles – though, the same reader has criticised me for not being a strong enough “buy Irish” advocate.

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