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Wherever you are right now, you probably don’t have to be told that the ongoing energy crisis is simply dire. Not only are petrol, diesel and home heating oil costs soaring to unsustainable levels, but one secret government memo says the state is considering gas and electricity rationing. The problem is that serious. Putin’s War: […]
According to AA Ireland, petrol and diesel costs are at record highs as Applegreen warns of massive increases in fuel costs for consumers. The comments come as fuel prices soar across Europe due to a variety of factors. These include inflation, supply chain issues from the Covid lockdown, government charges like Carbon Tax, and overreliance […]
Anyone who knows of Fine Gael is aware that the party’s brand is based largely on being a laissez-faire, pro-business, low tax party. In 2018, then-Taoiseach Leo Varadkar tried to position his party as the party of tax cuts, making bold promises and big assurances of cuts for years to come. And that certainly sounds […]
As the Irish Left roar and shout about the travesty that is the cost of living crisis, never forget that they, with the government, advocated for policies which directly contributed to it. @Ben_Scallan comments.
In 2017, Sinn Féin TD and finance spokesman Pearse Doherty said that his party opposed abolishing the Universal Service Charge (USC). The USC has been a topic of discussion lately, as Fine Gael Finance Minister Paschal Donohoe claimed he had never said the charge would be temporary – a claim which Gript fact checked and […]
Unless this problem magically disappears all by itself, then politicians – and we, the public – are in line for a whole world of pain
One of the most fundamental rules of economics, and one which is intuitively obvious to most people with even a modicum of common sense, is the law of supply and demand. If lots of people want a resource or product, and there’s not a lot of it around, the price will naturally go up as […]
It’s no secret that Ireland, like many countries, is experiencing a serious cost of living crisis, fueled by inflation and a European energy crunch. Average families are facing a projected €1,300 increase in energy costs this year alone, and according to the CSO, inflation in Ireland rose 3.7% last year – the sharpest rise since […]
Fuel costs driving inflationÂ
Ireland suffers from a cost of living crisis because fundamentally it suffers from a supply crisis:
The Polish government has announced that it will dramatically cut VAT on petrol from next month to combat inflation and the rising cost of living. The VAT rate will be cut from 23% to 8%, with other taxes on gas, petrol and electricity being slashed as energy costs rise faster than they have in two […]
Hold on now; I know you’re planning a party with friends, but before you reach for that alcoholic beverage, isn’t there someone you forgot to ask first? Namely, Micheál Martin? Where is your permission slip, boyo? If you’ve tried to buy drink at all in the last few days, you probably will have noticed the […]
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