Edging closer to 1 million depending on state handouts:
MORE THAN 850,000 people are claiming unemployment benefits due to the coronavirus crisis which has left many businesses struggling across Ireland.
Figures show that hundreds of thousands of people are receiving the new Covid-19 pandemic unemployment benefit as well as those who are registered for the wage subsidy scheme.
Tánaiste Simon Coveney said that the country is facing extraordinary challenges.
“I think it’s clear that the aftermath of Covid-19, Ireland post-crisis will be a different place,” Coveney said.
“The role of community will be different, the role of the State in terms of its relationship with the private sector will be different.
Nobody should fool themselves that actually recovering from this is going to be easy.
“There are 730,000 people today without a job.There’s 130,000 people today with the State paying 70% of their wages, and all of that has happened in the space of about three weeks,” Coveney said.
“We have never faced anything like this as a country before, so it’s not going to be easy.
“We have to find a way of rebuilding an economy, doing that in a way that doesn’t isolate people or disadvantaged people because of their circumstance, we have to make sure that the rising tide that will start later on in the summer, I suspect, will lift all boats and that won’t be easy.
“The State is going to have to borrow a lot of money and run significant deficits for a period of time.”
Chief Irish Bilderberg Representative tells us to prey to the Galatic Credit Lords for Credit level COSMIC and sure we are where we are, nobody saw this coming and it was nobody’s fault… “unless you know the source”, according to Donald Trump
Perhaps Ireland should sue China like India is attempting or might that upset our COSMIC Credit Karma Balance?