Tuesday 24 April 2018

John-Paul McCarthy: We're on a steep economic learning curve

O Cuiv's analysis of the fiscal treaty puts him in step with republican socialism, writes John-Paul McCarthy

WATCHING Eamon O Cuiv's media gymnastics last week prompted numerous fleeting thoughts. Some things about his behaviour make sense. There is a certain symmetry in his kamikaze approach to the fiscal stability treaty.



As someone who earned his ministerial spurs in the Ahern-Cowen big-spending governments, it's not surprising that he would react so badly to budgetary rules that are designed to put sensible limits on a state's ability to bankrupt itself.

His reaction makes sense as well in the context of the general mood of escapism that pervades the anti-treaty case.

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