Is austerity working? NO

FOR the first time in half a decade, Ireland now has choices in terms of overall budget strategy.

Is austerity working?  NO

The tough decisions of recent years mean that the budget deficit is now firmly on a downward trajectory.

Implementing an austerity programme in the depths of the recession was certainly far from ideal, but the Government had no room to manoeuvre. Austerity was not a choice, it was a necessity.

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