24
May
09

Green shoots are not jobs

It has always amused me how certain words and phrases can become part of a general vocabulary, simply because they’re part of some event that’s a major news story at the time. For instance, I lived in Galway when the water supply was contaminated with Cryptosporidium. Do you think anybody in the city, apart from the scientific types, had even heard the word “Cryptosporidium” before this? Yet suddenly we were all experts on it. It even earned its own nickname: Crypto. It sounds like a type of chocolate bar.

At the moment it’s the recession. It seems to me that it permeates every conversation uttered by any person in the land. Even discussions the rugby last night placed the match within the context of a recession. Apparently the win is just the boost to the national spirits we need. This is, of course, bullshit. If there is anything to cheer up people losing their homes and life-savings it’s not a bunch of Blackrock cityboys winning a rugby match.

Prior to this recession, few even considered such a concept. I’m not convinced the majority of people even knew what the word meant. Back then, it was carbon footprints and such that bothered us all. Now the subject gets barely a mention, which leads me to conclude that global warming was fixed and this event has somehow slipped me by.

The next phrase to land of everyone’s lips seems to be “green shoots”. We’re all on the lookout for these green shoots. A somewhat sustained rise in house-sales in Britain: green shoots. American banks paying back some of the bailout money: green shoots. A couple of green shoots appearing in Dad’s vegetable patch: green shoots (ok, those are actual green shoots. It’s gardening season in the Foley household).

I had to laugh during the week when Cowen had the nerve to mention the green shoots in a wildly optimistic speech to the party-fold in Slane. There’s a detailed critique of the speech here. The problem with green shoots of course is that they’re not likely to survive an administration preoccupied with tax-increases and spending cuts. In year’s time when we’re still in the same hole, this speech will be another marker of a government that doesn’t know what it’s doing. But then, this was not a speech for next year’s benefit. It was a desperate attempt to generate some good news to dilute the humiliation FF is going to face next month.

By the way, what happened with Swine Flu? Is that over now?

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