Thursday 19 October 2017

Go figure

• Could the ESRI advise what would be the the necessary growth rate for the economy, the drop in unemployment and the spending cuts and tax increases that would be required just to maintain the country's stability in the face of two further budgets that will take €8bn out of the domestic economy.

We are a small open economy, with small numbers to work with in relation to all our statistics, so there should be no great mysteries or surprises which would occur in a much larger economy.

We also have a relatively efficient tax-collection system and bodies like the CSO with all the figures.

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