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Originally posted by Rhodes View Post
The best bit is pg10 were the global decline is compared to that of ireland since the end of the cold war. Global decline from 3.2% GDP to 2.3%, so 0.9% of GDP drop. While from 1991 to 2013 our only fell 0.5% of GDP , from 1.2% to 0.7% of GDP! So we are good..... But the global decline was 28% while our was a 42% decline, now that we are at 0.4% of GDP the decline is 67%.
Even the comparison with New Zealand falls apart when you look at the figures. It is like someone is trying to convice us we are spending too much on defence but not!
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Defence expenditure as a percentage of GDP from 1999 to 2019.
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Originally posted by batterysgt View PostDoD must be looking at that chart upside down, that explains why they have been cutting the DF for years.
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Originally posted by trellheim View PostMatching graph for European Union
tells you ALL you need to know
Though looking at the cesspit that is the Journal.ie Comments yesterday, it is clear Ireland is still full of those who know nothing about the Defence forces, but still think they are a waste of money. And one claimed to have 22 years service.
People need to get on-message.Last edited by na grohmiti; 1 March 2021, 12:17.For now, everything hangs on implementation of the CoDF report.
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Moving the dial to even the EU Average - 1.1% or thereabouts - would entail 500% increase in Defence spending. Even Portugal which is fairly poor is four times our spend as a %"Are they trying to shoot down the other drone? "
"No, they're trying to fly the tank"
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If we even brought our defence vote back to 1999 levels as a percentage, it would be an enormous boost for the Defence Forces.
The question is, if we weren't getting it, where did the extra 0.79% of gdp go? That's almost 3 Billion!For now, everything hangs on implementation of the CoDF report.
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Originally posted by trellheim View PostMatching graph for European Union
tells you ALL you need to know
Our raw GDP figures don't represent our actual capacity to pay for all services including defence. If Ireland was matching the average GDP % spend of other EU states on defence; we would actually be spending a lot more of our 'real' national output on defence. In fact, we'd probably be one of the big spenders in percentage terms.
The CSO and CBI have released numerous papers over the last few years. GNI* is a much better representation of where our economy is at.
Today the Central Bank of Ireland published an Economic Letter entitled ‘Is Ireland really the most prosperous country in Europe?’ written by former Central Bank Governor, Patrick Honohan.
The graph presented on the face of it is comparing a basket apples but in reality is comparing a bunch of apples and one orange.
Ireland's actual figure changes from 0.21% to 0.27% which is of course, not much better from a low baseline.
If Ireland was paying the EU average of 1.2% of GDP this would in reality be 1.6% for us which put us just short of France.Last edited by Auldsod; 1 March 2021, 14:56.
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Originally posted by Auldsod View PostI can't believe I'm sayin this but in the Government's defence, Ireland's GDP figure is highly screwed by multinationals and is unfortunately not a like for like comparison.
Our raw GDP figures don't represent our actual capacity to pay for all services including defence. If Ireland was matching the average GDP % spend of other EU states on defence; we would actually be spending a lot more of our 'real' national output on defence. In fact, we'd probably be one of the big spenders in percentage terms.
The CSO and CBI have released numerous papers over the last few years. GNI* is a much better representation of where our economy is at.
Today the Central Bank of Ireland published an Economic Letter entitled ‘Is Ireland really the most prosperous country in Europe?’ written by former Central Bank Governor, Patrick Honohan.
The graph presented on the face of it is comparing a basket apples but in reality is comparing a bunch of apples and one orange.
Ireland's actual figure changes from 0.21% to 0.27% which is of course, not much better from a low baseline.
If Ireland was paying the EU average of 1.2% of GDP this would in reality be 1.6% for us which put us just short of France.
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Originally posted by Auldsod View PostI can't believe I'm sayin this but in the Government's defence, Ireland's GDP figure is highly screwed by multinationals and is unfortunately not a like for like comparison.
Our raw GDP figures don't represent our actual capacity to pay for all services including defence. If Ireland was matching the average GDP % spend of other EU states on defence; we would actually be spending a lot more of our 'real' national output on defence. In fact, we'd probably be one of the big spenders in percentage terms.
The CSO and CBI have released numerous papers over the last few years. GNI* is a much better representation of where our economy is at.
Today the Central Bank of Ireland published an Economic Letter entitled ‘Is Ireland really the most prosperous country in Europe?’ written by former Central Bank Governor, Patrick Honohan.
The graph presented on the face of it is comparing a basket apples but in reality is comparing a bunch of apples and one orange.
Ireland's actual figure changes from 0.21% to 0.27% which is of course, not much better from a low baseline.
If Ireland was paying the EU average of 1.2% of GDP this would in reality be 1.6% for us which put us just short of France.For now, everything hangs on implementation of the CoDF report.
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Ireland's GDP figure is highly screwed by multinationals and is unfortunately not a like for like comparison"Are they trying to shoot down the other drone? "
"No, they're trying to fly the tank"
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