Coalition might not withstand another austerity budget

If the Department of Finance's growth predictions for 2014 are as wrong as they were for this year, we may be facing another harsh budget, writes Pat Leahy.

20th October, 2013

The big facts of Irish political and governmental life are mostly unpleasant economic ones. They include the massive national debt and the ongoing, huge (if shrinking) annual budget deficit, which increases the overall debt every year. The flatlining economic performance - though it is showing some signs of life - is another.

The debt and the deficit are so familiar and obvious that they are often ignored, either mindlessly or quite deliberately. Yet they, and...

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