Economist Peter Bacon’s call for the statutory minimum wage to be cut reveals his inhuman and viciously callous attitude towards the poorest of the poor of the country’s workforce.
The self-styled “respected economic expert” never has a difficulty himself, charging obscene fees for his services of economic forecasting, writing and compiling various economic development plans and reports and doling out “expert” economic analysis and advice (much of it for local and national government) that guarantees him easy money from public purse.
Like Colm McCarthy the other freeloaders and parasites that comprise An Bord Snip Nua and called for dole payments to be cut, all these individuals truly have necks as hard as the proverbial “jockey’s bollocks”. They belong to a class that has absolutely no problem living the “high life” funded by the State (i.e. the taxpayer) from the various economic quangos they routinely manage to get themselves co-opted onto.
Where was Bacon and his ilk when the residential property lobby (the land speculators, developers, the banks and the auctioneering fraternity) were racketeering and profiteering the national pension reserve fund out of existance? No calls for cuts to the profiteering or a stop to the racketeering there. In fact Bacon was publicly and brazenly dismissing the handful of genuinely respectable individuals who DID, forewarn of the consequenses of the so-called property boom.
The damage done to the lives of ordinary working people (and Irish society generally) by those who inflated the residential property bubble, and those complicit in it’s inflation through their deafening silence, will be deeper and more widespread than the misery inflicted on the country and society by the drug barons and organised crime gangs.
Some “respected” economist, indeed, is Mr Bacon! – more like a free-loading, parasitic and selfish HAM.