Friday 21 September 2018

The Lost Recovery: booming economy is 'too little too late' to save Coalition

Polls show austerity lasted too long, cuts were too deep and turnaround is too unequal for FG/Labour to win second term, writes Jody Corcoran

VERDICT: Taoiseach Enda Kenny
VERDICT: Taoiseach Enda Kenny
Jody Corcoran

Jody Corcoran

If a week is a long time in politics, then six months in an eternity, but at this remove from whenever polling day arrives, it seems reasonable to turn that most hackneyed of all political terms on its head and ask instead whether it is stupid to think that the election will be about the economy.

In a speech during the course of a visit to this company last week, Enda Kenny made several references to economic growth here, stating with some pride at one point that he had read somewhere earlier in the day that Ireland was on course to have greater economic growth than China this year.

China may have its problems at the moment, but it's still doing relatively well. Ditto Ireland. Economic output here grew by 6.9pc in the first half of the year, more than six times faster than the euro area as a whole.

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