Monday 23 October 2017

Devil in detail of new jobs plan

It would be churlish to criticise an embattled government for trying to get the most political advantage out of any money it is able to spend. Equally, it would be remiss not to warn of the danger of getting carried away by yesterday's €2.25bn investment programme.

The Government did make the most of it, with the Taoiseach and Tanaiste presiding over the news conference. Public Expenditure and Reform Minister Brendan Howlin was also prominent -- presumably to assure doubters that the money is affordable and will be well-spent.

His presence is about all the doubters got. Anyone hoping that a new government under severe financial pressure would start presenting proper cost/benefit justifications for state investment will have been sorely disappointed.

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