Today the Irish Government announces the budget for 2014. This is the one that is supposed to free us from “the clutches” of the Troika. What a joke! Not so long ago those “clutches” were “helpful hands”, perhaps even “comforting arms”. Beware the pejorative language of politicians and journalists. Beware pejorative language in general. When someone couches a noun with an adjective ask why did they use that adjective?
Language aside, the government is making an attempt to step out of the controls that the Troika insist upon in exchange for financial surety. This is not to say that the government can have a party, blow money and spend like it is 2005. I wonder if the Irish Government is being sensible about this. As long as you are under Troika control you can deflect negative sentiment away from yourselves. As soon as the Troika is out of the picture the full weight of economic angst will fall squarely on the government parties.
Have we reached an end to recession? Can the Irish government count on an upward trajectory in the coming years. If the situation in the USA continues then I would say no! Until the US financial crisis is settled the global economy hovers on the brink of another collapse. Political brinkmanship by the Republican Party in the USA is a threat to the world.
What is most interesting is to hear the Chinese premier state that the world needs to move away from the US economic model. Perhaps he is right. The US model seems to be broken. Perhaps a society driven by oligarchic capitalists, unmitigated greed and founded on debt funded rampant consumerism doesn’t work after all.
A radical idea, but one that has been around for a while: http://vimeo.com/60345640
My first Grand-Nephew was born yesterday to my niece Eavan. What world will he face? When he is 50, in 2063 I will be 100 years old, if I am still alive. He will hopefully be paterfamilias of his own clan. Will he look back fondly at us and the legacy we have left for him? Or will he spit on the generation who mortgaged his future so that we could have oak flooring, a newer car and an iPhone?
‘Infant Joy’ by William Blake
“I have no name;
I am but two days old.”
What shall I call thee?
“I happy am,
Joy is my name.”
Sweet joy befall thee!
Sweet joy, but two days old.
Sweet Joy I call thee:
Thou dost smile,
I sing the while;
Sweet joy befall thee!