As part of his campaign for General Secretary of UNITE Jerry Hicks will be addressing a series of public meetings and visiting a number of workplaces across Ireland this week (beginning the 27th September).
There are storm clouds on the horizon for the economy in the North. While the recession took longer to bite than in the south this only reflects the weakness of capitalism and the predominance of public sector employment. There are now as many people who are economically inactive (26%) than work in “private industry”. But the crisis has now caught up with a vengeance and it is only going to get worse.
Symptoms are the physical signs of an underlying problem. At the moment the Irish economy has a series of symptoms which would send the average doctor fleeing to the hills. But according to the Minister for Finance, Brian Lenihan, everything is stable and the economy is fine thank you very much. Of course Mr Lenihan’s analysis was designed for the press and to settle the nerves of the international speculators.