Caution still needed on tough road ahead
Published 06/07/2011 | 05:00
IT must have seemed a little ungrateful of Jack O'Connor, president of the Irish Congress of Trade Unions, to mention the dreaded D-word, "default," when Taoiseach Enda Kenny had made all his soothing noises about what can be expected in December's Budget.
But Mr O'Connor's comments in his speech to the ICTU conference were cautious, and remarks afterwards even more so.
He did warn that the trade union movement might yet find it had to support calls for some reneging on Ireland's debt. Yet the speech was an interesting reminder that ICTU has not joined the chorus of economists, commentators and chat-show hosts who have relentlessly pushed default to the centre of policy discussion.