Dan O’Brien: Flashing state cash at every ‘crisis’ can become a hard habit to break

Stimulus packages are all very well as a stopgap, but uncontrolled public spending increases funded by higher taxes and borrowing risks killing the goose that laid the golden eggs

5th September, 2021
Dan O’Brien: Flashing state cash at every ‘crisis’ can become a hard habit to break
One issue of concern about is how little the new fashion for fiscal stimulus focuses on the quality of public spending. Picture: Fergal Phillips

Entrepreneurialism, competition, free markets and globalisation are the four cornerstones of Irish prosperity. In a country in which the national conversation is so dominated by how the state should remedy every ill, wealth creation – how it happens, the environment it needs to thrive and who makes it happen – rarely receives the attention it deserves.

This column intends to place it front and centre, not least because by taking prosperity for granted, in a...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Related Stories

Minimum wage to be increased, Varadkar says

State won’t shy away from ‘difficult’ budget decisions, Donohoe says

State’s spending plans could leave debt ratio at unsafe levels, Oireachtas told

Michael Brennan: Budget 2022 set to be a holding operation for the government