Wednesday, December 06, 2006

Budget

Spending too much time this morning thinking about modelling prisoner's dilemma on children's robots to really take the time to write what I had intended to write.

Another budget and another confused set of tools will emerge. Bertie had his supposed 'road to damascus' when he discovered the ordinary people had begun to blame him for the neoliberal ruin that was emerging and the huge disparity in income that is developing and so claimed he was 'the last socialist in Ireland'. This budget will be another set of giveaways; institutional giveaways to the very rich and corporate greed that will see the bifurcation in Irish society entrenched; and handouts to the poor to buy votes - increases in social welfare for groups (like the elderly) that his electoral machine is afraid of losing. The cynicism of this clientelle politics is really sickening. It's also deeply infuriating as their hypocrisy is damaging for the country. In reality the key economic policy of this government is croneyism rather than the neoliberalism of Charlie McCreevy (though of course he was guilty of cronyism as his tax breaks for billionaire horse pimps shows). They rub shoulders and create a corrupt business environment for their billionaires they worship in the Galway Races hospitality tents and up a few shillings (bread and circuses again) for the excluded's dole rather than seeking an economy where the rising tide raises all boats. Many of the boats have holes in them and handing out life jackets isn't the best use of public money.

Not that the best use of public money is something this government has shown the slightest understanding of.