Saturday 24 March 2018

Johnny Fallon: Why splitting Finance was a stroke of genius by FG, but lethal for Labour

Minister Michael Noonan. Photo: PA
Minister Michael Noonan. Photo: PA

THEY say that going into government is the start of a remarkable journey. Today we got a glimpse of just what a transforming journey it has been for the coalition parties. Just a year ago the world seemed very different, the then government was limping and devastated by the arrival of the IMF.

A four year plan was launched but the last budget speech of Brian Lenihan was met with derision from both Fine Gael and Labour. The cuts imposed and the changes to tax were attacked without mercy. The lack of a stimulus for the economy was the main plank of their opposition. The lack of fairness came a close second.

One year on and Michael Noonan took to his feet to deliver Budget 2012. Gone were the promises of vast change and easy solutions. When it came down to it this budget simply had to be done and Michael Noonan knew that all along.

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