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As Budget Day approaches, there is both good news and bad - but it's mostly bad

Dan O'Brien


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Measure: Finance Minister Paschal Donohoe on Budget Day last year. Photo: REUTERS/Lorraine O'Sullivan

Measure: Finance Minister Paschal Donohoe on Budget Day last year. Photo: REUTERS/Lorraine O'Sullivan

Measure: Finance Minister Paschal Donohoe on Budget Day last year. Photo: REUTERS/Lorraine O'Sullivan

Are you inclined to receiving good news before bad news? Or do you prefer it the other way around? When giving presentations on the economic outlook, your columnist always asks the organisers of conferences and events this question. In normal times, the preference varies. These days, everyone wants the bad news upfront before hearing reasons to be hopeful.

Hope is needed right now because the economy is in a very bad place as we head into Budget week. So let's start with the grim stuff and end with the positives.


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