3 2 mins 14 yrs

rev_paisley_372.jpgI laughed when I read that Ian Paisley has claimed that Norther Ireland can regain its place as an economic powerhouse on the world stage. The Stormont First Minister told the CBI Northern Ireland’s annual dinner in Belfast last night that the Stormont Executive had laid the foundations for a strong economy. LOL and god preserve us from the delusions of politicians! For starters, I am unable to recall EXACTLY when Northern Ireland was a global economic powerhouse, dates and figures anyone? Second, the idea that the Stormont Assembly has "laid the foundations" for a vibrant economy is hilarious. The only way that a vibrant economy can be created here is if the reliance on the Public Sector is slashed – which means reducing the size of the Public Sector. but the NI Executive has said it intends to GROW the State sector so there is teensy weensy problem there! Next up, tax rates. Economic growth comes from aggressively reducing tax rates and allowing companies to invest in the future. This has  not and will not happen under the Stormont Assembly. Instead we are witnessing spiralling rates bills, increasing water taxes, surging energy costs, increased bureaucracy – all of which will restrict real economic growth. The truth is that Paisley is talking  through his hat – in his case a fedora.

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3 thoughts on “AN ECONOMIC POWER HOUSE ONCE AGAIN!

  1. >>For starters, I am unable to recall EXACTLY when Northern Ireland was a global economic powerhouse, dates and figures anyone? <<

    Where is Cait to chastise you on this display of Ulster self-hate!

    He’s obviously talking about the period ca. 1870 to 1914, when Belfast was the leading shipbuilding centre of the world. I read somewhere that one in three of all ships built in the world at that time had their maiden trip down Belfast Lough. H+W alone employed 30,000 people in shipbuilding, and Clarkes produced some of the greatest innovations in the industry.
    Ulster was of course also world famous for its linen and textiles at the time. The word "Ulster" even entered several European vocabularies as a kind of linen blazer.

    Although he’s a man of the spirit, Paisley probably wasn’t talking about Ulster’s great whiskey industries.

    The place of course also gave the world some major innovations in rioting and head smashing at the time. But that’s a subject for another day.

  2. Ship building, linen, the biggest ropeworks in the world, engineering, tobacco,. Yes, this is one of those few occasions Noel and I are in agreement. NI does have massive potential, but sadly it will not be realised. We will never folloe the Rep. of Ireland model of self dependence.

    But David is right also, until we slash the public sector and get shot of the new labour red tape and the socialists of the marxist nationalist socialism of the SF, the democratic socialism SDLP, the democratic socialism of the Alliance, the old labour socialsim of the UUP and the popularist nationalist socialism of the DUP, plus the squillion parasitic socialist quangos and cahrities that infest this land we will remain a pitiful state client.

  3. Noel,

    Fair point – it’s just as I was thinking back a few decades, not a century. My grandmother worked in a Linen Mill and I am very proud of the great work that generation produced.

    However NRG calls it like it is these days – there’s no return to old industry and new industry requires a light bureaucratic touch, low taxes and that is fundamentally at odds with how our new overlords at Stormont think. I refer you to last evenings "Let’s Talk" as an example of lilliputianism.

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