We need a party to fight for low taxes -- step up Lucinda Creighton
Published 20/12/2013 | 02:30
Life may actually get harder for the Government, not easier, now that we have exited the bailout. The Government is enjoying its moment in the sun and has been cautiously inviting the public to pat it on the back for a job well done. At one and the same time it is trying to manage expectations. There is light at the end of the tunnel, it is telling us, but we're not out of the tunnel yet.
Managing expectations is a tricky business. The presence of the troika invited us to expect nothing but pain, pain and more pain. We didn't like it but mostly we stoically endured it knowing we didn't have a whole lot of choice in the matter. A different government would still have been forced to wear more or less the same set of clothes.
But now that the troika is gone, public expectations are going to rise no matter what. The Government can hide behind the EU to some extent and say it has no choice but to act this way rather than that way, but basically its mud guard has been taken away. Politics will now return to something resembling normality. The pressure on the Government will be more direct than before.