What a a past few days we’ve had. Roller-coasters of ‘will they won’t they ‘and T.D.’s walking out of the Dail in the early hours of the morning like it was September 2008. Slaps on the back have ensued with said politicians trumpeting that they ‘have delivered on creating a better deal for Ireland’.
But in reality it’s a false dawn. For the ordinary person on the street and the SME owner nothing will change. The challenges we face have morphed beyond a toxic bank and it’s lingering legacy.
We need to find 400,000 jobs, create a better framework for domestic business to grow and thrive, fill in the gaps between those who fit ‘ criteria’ and those who don’t. When the budget was announced last year it gave us the meandering points of the 10 point plan. These points were so memorable that I have no Idea what they are just a few months from them being announced.
Ireland’s problems no longer lie within banks. They lie with consumers, long term unemployed and taxing everything in site. Those taxes will soon include income taxes and so another squeeze for workers, owners and managers.
By facing down problems in the EU we have neglected the serious problems at home. As one economist described on primetime last – ‘we have a Tsunami of debt coming down the road’.
For SMEs very little changes. We still have to re-invent new ways of doing business to survive. If we stop moving we die. So all this posturing and cheer leading is irrelevant, because our domestic economic issues are far greater than a good deal. Small Businesses are at the coal face of this economy and we know that it will still be very difficult for some time to come.So stay focused and don’t bank on things changing any time soon.