Tuesday 22 May 2018

Beware the perils of our politicians making promises that we simply can't afford

Finance Minister Paschal Donohoe. Photo: Gareth Chaney Collins
Finance Minister Paschal Donohoe. Photo: Gareth Chaney Collins
Ivan Yates

Ivan Yates

Mark my words - the countdown to the next general election is on.

The selection of candidates is in train. War-chests are being stocked. The marshals are frantically strategising, scanning focus groups to get ahead of the curve and capture and channel a tide of public opinion strong enough to carry Leo, Micheál or Mary-Lou to power into 2020.

The electoral cycle should carry a heavy public health warning as far as the strength of the economy goes. Fiscal promiscuity is a clear and present danger.

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