Tuesday 20 February 2018

Derek Davis: PR stunts aside, we all know in our hearts what is fair and what's not

I SUPPOSE one of the attributes of age, in most cases, is a long memory. Those of us over 60 have seen many Budgets and the kite-flying festivals which precede them. We have learned that politicians do this to test the water, to soften us up and to prompt a small sigh of relief when we discover on Budget day that the minister won't kill the firstborn, or tax air.

It's the usual bit of theatre, but relief this year was in very short supply.

Ultimately, the test of a Budget is whether it is competent and fair. The jury is out on the first bit, as the number crunchers argue about tax take and the effect of cuts in expenditure. Will the measures achieve the aim of taking €3.5bn out of the economy?

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