Right from the start, the coalition government’s economic and political strategy was a two-part gamble.
In a nutshell, it went like this. If we fix the public finances, the rest of the economy will recover. And if the economy recovers, there will be a political dividend, giving us a good shot at re-election. We would be the first ever Fine Gael-Labour government to ever achieve this.
Their plan was not, of course, entirely...
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