Local academic not happy with BudgetHEAD of Economics at the University of Limerick Dr Anthony Leddin, described Brian Lenihan’s budget as like cutting the dog’s tail at the neck.He predicted that the cutting €6billion from our €125billion economy will have a devastating impact.Sign up for the weekly Limerick Post newsletter Sign Up “I done my calculations and I expect this budget to reduce employment by 120,500 in the short term and drive down economic growth by 5.2%”.However, he said that the deflationary affects will result in a huge gain in competitiveness.“It should reduce inflation by 0.4% which will give us our only escape route through competitiveness and net exports”.His biggest concern is the apparent lack of a jobs strategy to balance these cuts.“There is absolutely no economic strategy in here whatsoever.Brian Lenihan’s performance as Minister for Finance has left a lot to be desired, according to the academic.“I don’t think he really understands the situation. Every single statement he has made so far has been factually incorrect. Every time he comes to a crossroads he has taken the wrong path”.He is horrified that the government have received consultation from top international economists in this situation.“This is like a hospital that has no doctor with mechanics in the operating theatre”.The economist was disgusted by the Gombeen politics at play to pass the budget.“It’s disgraceful that they had to deliver a casino in Tipperary and a hospital in Kenmare to get this budget through”.According to Dr Leddin there has also been complete failure to implement Colm McCarthy’s An Bord Snip Nua Report and confront expenditure in the public sector. NewsLocal NewsCutting the dog’s tail at the neckBy admin – December 9, 2010 683 Advertisement Facebook Twitter Print WhatsApp Email Linkedin Previous articleFestival time in downtown LimerickNext articleStrong reaction to RTE Prime Time programme admin
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THE Leeward Islands Hurricanes would have done a lot to boost their confidence after a rare victory over the Trinidad and Tobago Red Force in the Regional four-day tournamnet at the Queen’s Park Oval on Saturday.The Hurricanes got home by the skin of their teeth, claiming a one-wicket victory, probably the closest this season.The game had been close throughout, with the Hurricanes restricting the Red Force to 222 in their first innings thanks to Sheno Berridge’s 4-72, and Jeremiah Louis’, 4-45.Mervin Matthew chipped in with 1-26 and Jason Campbell ended the innings with 1-23.The Hurricanes’ response was underwhelming, as skipper Kieran Powell, could only manage 15 at the top of the order, and Montcin Hodge, who has been in good form of late, only managed 11.It was the lower-order who showed some fight, taking the total to 163, with Akeem Saunders’ 49, the highlight.The difference-maker in that Hurricanes first innings was the bowling of Imran Khan, whose 5-25 was devastating.Khary Pierre chipped in with 2-26, while Tion Webster, 1-44, Daniel St Clair, 1-27, and Anderson Phillip, 1-38, also made inroads.Though the Red Force now had a 59-run lead, they were by no means comfortable.The situation got even tighter when Berridge, 4-40, led an attack that reduced the Red Force to just 162.Berridge received great support from the bowling of Matthew, who ended with 2-27, Louis, 2-49, and newcomer, Chaim Holder, who bagged 2-19.A lead of 221, took the game to where it had started, the Hurricanes staring at a small lead but unsure of what to do with it.Coach Winston Benjamin had said the team was suffering from a crisis of confidence, and their approach to the small total suggests he was right.RED FORCE 1st Innings 222Hurricanes 1st Innings 163Red Force 2nd Innings(overnight 143 for eight)A Jangoo c Matthew b Berridge 38J Solozano lbw b Holder 10Y Cariah c wkp Hamilton b Holder 7E Nicholson c Saunders b Mathew 5*D Ramdin c Mathew b Berridge 28T Webster c wkp Hamilton b Louis 10+S Katwaroo b Louis 14Imran Khan lbw b Berridge 1K Pierre lbw b Mathew 10D St Clair not out 12A Phillip lbw b Berridge 9Extras (lb12, w1, nb4) 17TOTAL (all out, 58.4 overs) 162Fall of wickets: 1-52, 2-55, 3-66, 4-67, 5-86, 6-116, 7-119, 8-131, 9-147, 10-162.Bowling: Mathew 14-4-27-2, Louis 16-4-49-2, Berridge 14.2-4-40-4, Holder 11-1-19-2, Campbell 3-0-15-0.HURRICANES 2nd Innings (target: 222 runs)M Hodge c Webster b Phillip 5*K Powell c Webster b Imran Khan 41K Carty c Pierre b Phillip 2D Thomas lbw b Pierre 65A Saunders c St Clair b Imran Khan 38+J Hamilton c wkp Katwaroo b Imran Khan 13J Louis b Imran Khan 13M Mathew b St Clair 3C Holder lbw b Imran Khan 7J Campbell not out 30S Berridge not out 0Extras (b3, lb4, nb2) 9TOTAL (9 wkts, 70.3 overs) 226Fall of wickets: 1-12, 2-14, 3-107, 4-123, 5-150, 6-182, 7-187, 8-193, 9-205.Bowling: Phillip 7-2-23-2, St Clair 12-2-29-1, Pierre 23-2-64-1, Webster 3-0-16-0, Imran Khan 25.3-4-87-5.