Don’t let our economic history repeat itself

Last week, we had the ESRI coming out with a very upbeat assessment of economic prospects, and hot on its heels this week, a leading stockbroker has produced an even more positive assessment.
There is a body of opinion out there at the moment that is tending to ridicule anybody with a sense of optimism about our prospects; perhaps driven by a sense of hurt that despite all of the very painful fiscal austerity since 2008, the economy has managed to stay afloat and is now poised for somewhat better times.