Monday 25 September 2017

To govern is to choose - so the minister has tough choices ahead

The silly season is upon us but politicians should stop backing schemes that will blow the budget

Money talks: Finance Minister Paschal Donohoe (left) chats with Cyprus's Finance Minister Harris Georgiades at a meeting of EU finance ministers in Brussels Photo: AP Photo/Geert Vanden Wijngaert
Money talks: Finance Minister Paschal Donohoe (left) chats with Cyprus's Finance Minister Harris Georgiades at a meeting of EU finance ministers in Brussels Photo: AP Photo/Geert Vanden Wijngaert
Colm McCarthy

Colm McCarthy

The Dail recess commenced last Friday - the annual signal for the abandonment of serious politics until the autumn.

In case anyone failed to notice, Transport Minister Shane Ross helpfully proposed that Ireland should offer to host the Olympic Games, thus formally inaugurating the silly season.

But the week also contained the summer economic statement, setting a sobering background for October's budget, and the Central Statistics Office (CSO) released revised estimates of economic activity in recent years, following on from the realisation that figures prepared in line with the European statistical conventions have become meaningless for Ireland.

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