Executioner’s axe dangles over the economy

THE Bord Snip part was the easy bit.

These proposals are radical and the suggestion that 17,000 jobs should be axed is about as radical as anything that has ever been proposed in the history of the modern Irish State.

It runs counter to every well-honed commercial instinct spawned by the Celtic Tiger, but it has been generally accepted that spending cuts is the preferable way forward to get us out of this crisis, and not more taxation.