I don't think you're being financially irresponsible, I'm just pissed off facing the reality you describe.
We didn't over borrow even on our income from say 1998 - to choose a year semi-randomly.
We sold two houses to buy one and we did a modest amount of work to the house.
We didn't buy cars on our mortgages or second houses here or abroad.
We lived well within our means and have several tax clearance certs to prove it.
[I couldn't be bothered getting them every year and the accountant only did it on instruction].
Yet despite all this clean living we're caught in this disaster because we have little or no profitable work.
Peraonally I feel any social contract I have lived with this state is in poor repair and largely the fault of their attitude to the banking sector.
Faced with debt as a crippling proporation of GDP, the only way to address thsi sustainably is to GRO GDP.
You cannot grow GDP very well with BANKS THAT ARE NOT LENDING!!!
We need a new bankign system and we need the goods on the old one to find the crininals, boot them out of their jobs and into jail, or doing community service.
No time at all for these weirdos who say no law was broken.
They may not be exposed inm relation to lending practicves, but they certainly conned teh government into supporting them.
They benefited from the government conning the rest of us into believing there would be a recovery in Q3 - which there wasn;t because teh BANKS ARE NOT LENDING - STILL!!!
So we have
- a banking system that cannot lend
- a gang of incompetents or liars or both running the government
- the opposition looking as bad
- criminal fraudsters running our banking and financial systems
- an overwpaid civil service
- a public service that's paid on an unrealistic basis that's divorced from reality.
This all has to be changed.
Then the economy has a chance to grow.
Given the frustrated talen in Ireland the moment the growth can potentially be meteoric if we can but channel it to profitable pursuits.
We have professionals of all kinds to beat the band lining up for the dole queues now - surely we can use them to supply professional services abroad and reflate our economy instead of having to go abroad to work there and prove these services.