Stephen Kinsella: What Varadkar should do with his 'hidden fiscal space'

The Taoiseach suggested there was not just the €400-500 million of fiscal space we had expected, but ‘hidden fiscal space’. I am not sure what hidden fiscal space is, but if it exists, it needs to be spent on capital projects. Full stop.

2nd July, 2017

Ireland is a mad place sometimes. The economy is the fastest growing in Europe, the fiscal headwinds look pretty good despite the oncoming challenge of Brexit, unemployment is dropping, households are spending more, personal disposable income is up. The balance sheets of households, firms, banks and even the government are improving. Large distributional issues remain, especially between those with houses and those without, and those with incomes and those without. The government is firmly on...

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

Share this post

Related Stories

Private rental sector remains strong despite Covid-19

How the programme for government will shape housing

Comment: US must defuse Covid-19’s ticking time bomb of debt

Comment: The recovery will be more U than V-shaped