Cutting the dog’s tail at the neck

first_imgLocal 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 Printcenter_img WhatsApp Email Linkedin Previous articleFestival time in downtown LimerickNext articleStrong reaction to RTE Prime Time programme adminlast_img read more

Syracuse treating Cornell Upstate Challenge as tune-up

first_img Published on January 17, 2013 at 12:41 am Contact Jesse: [email protected] | @dougherty_jesse Related Stories Women’s lacrosse routs Jacksonville; Ice hockey falls at Mercyhurst; Track kicks off in Gotham Cup; Tennis loses at USF Facebook Twitter Google+center_img The final results from last year’s Cornell Upstate Challenge tell the entire story for the Syracuse track and field team.On the women’s side, Syracuse earned 88 points, good for third place behind Cornell (214) and Buffalo (150). On the men’s side, the team accumulated 97 points, again finishing third behind Cornell (246) and Buffalo (109). While there were personal victories for various Orange athletes, the day was characterized by Cornell’s dominance and Buffalo’s steady performance, two programs Syracuse frequently runs against.These results hardly bothered Syracuse at the time, and bother it even less now. The team will travel to the annual Upstate Challenge in Ithaca, N.Y., this Saturday, and runners and coaches alike are seeing the meet as an early season tune-up — and not much else.“This is really just a feeler out, almost like a preseason meet,” said SU head coach Chris Fox. “This isn’t a fast track so we’re not going to worry about speed. We’ll just give some young people the chance to get some experience before we go to Penn State.”Next weekend, the team will travel to University Park, Pa., for the Penn State National Open. Even with the Upstate Challenge in the schedule before then, runners have started to prepare for the Penn State National Open, and are looking at this weekend’s meet as an extension of their weekly practice schedule.AdvertisementThis is placeholder text“You never want to look past a race,” said sophomore distance runner Andrew Bennison. “But this meet is very low-key, probably the most low-key of our indoor season.As a freshman last season, Bennison’s first indoor race of his collegiate career was at the Upstate Challenge, and while he does think of the meet fondly, he has no concrete goals going into it this time around.Graduate student Lauren Penney finished first in the women’s mile last weekend at the Gotham Cup. This weekend, she will rest her legs for Penn State like many of her older teammates, but she’s excited to see what the rest of the team can accomplish.“Team placing is not so much important in track, but I think some individuals can have some really good races this weekend.” Penney said. “We have a lot of runners who could do really well and it will be exciting to see them in their first races.” Commentslast_img read more