If we look back to a year or even two years ago, we would see a world that looked in good shape. We were more worried about the finances of Africa than our own but now we have to reflect on how our government is in financial trouble and unemployment sky high. In my opinion the government wasted money and had no money set aside for a rainy day and about unemploymet the problem is simply poor conditions. To try to answer my own queston (Where did all the money go?) is hard.
The health service and the education system is the simple answer but in Europe in general that has always been true. Its not that simple though its not the social services in general its more the waste in the HSE, in the running of these services and in failed systems (an example is PPARS). Also quangos(Think tanks , tribunals..etc.) cost a lot of money to run. Now the main thing draining the country’s finances is the dole. With unemployment so high (and only getting higher) it costs the country a lot of money and takes away from other more important services. The simple fact is that we should have like a three month max for people on the dole. Also we need to make sure the money being given out is to people who deserve it. People who want to work and cant get a job. Not lazy sods or people who have a job and collect the dole.
The main thing is that now the people who are suffering are the 5-30 year olds. The people in the over crowded education system or people trying get on the job ladder.