The national debt is not surplus to requirements

6th January, 2019

At a staggering €200 billion, Ireland’s national debt is a significant millstone around the country’s neck. Last week’s announcement that the country is finally able to generate a surplus for 2018 does little to alleviate the heavy burden, either practically or symbolically.

Despite this, the government is right to have produced the €100 million surplus for the year. While the amount seems like a small speck when placed alongside Ireland’s...

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