Tuesday 22 August 2017

Coalition's performance on reform was at best a 'missed opportunity'

“The plan for addressing the fiscal crisis was inherited from the previous Government and the troika. Changes made by the current administration were little more than tweaks.” Pictured: Enda Kenny. Photo: Gerry Mooney
“The plan for addressing the fiscal crisis was inherited from the previous Government and the troika. Changes made by the current administration were little more than tweaks.” Pictured: Enda Kenny. Photo: Gerry Mooney
Dan O'Brien

Dan O'Brien

The economy will loom large in election campaign debates over the coming three weeks. The Coalition partners will likely spend most of their campaigning time claiming that they have managed it well.

Last week, this column assessed some aspects of the Government's economic management record over the past five years, with most emphasis on how much credit it deserves for the strong growth in employment since 2012 ('quiet a lot' was the answer).

Here, issues around two other planks of economic management - the public finances and the public sector - are assessed. Along with getting people back to work, bringing the public finances under control was the most urgent priority of the Coalition when it took office. But unlike the measures needed to address the jobs crisis, the plan for addressing the fiscal crisis was inherited from the previous administration and the Troika.

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