Credibility of Central Bank at risk

I am confused about how our ‘new politics’ is meant to work. I am less and less convinced that it will deliver the optimal outcome for the country.

After less than two weeks, it is clear that Fianna Fáil is holding the Sword of Damocles over the Government, and stands ready to bring it down with devastating force at the opportune time.

The danger is that, in the meantime, it, and other parties in opposition, will seek to put forward legislative proposals that will have populist appeal and may deliver popular results in the short-term, but create longer-term problems.