Ian Guider: Public sector pay rises will only dig us deeper into inflation crisis
Benchmarking social welfare rates to inflation would make more sense than an across-the-board percentage pay rise for all
If there was any remaining doubt that the country is waist-deep in a spiralling cost-of-living crisis, it was confirmed last week by the Central Statistics Office. Prices are now rising at the fastest pace since the agency began collecting data decades ago. It is feeding into virtually every aspect of day-to-day living.
The government’s efforts so far to alleviate rising prices, through the €200 energy bill credit and increasing the fuel allowance, are having little ...
