Economic growth is small comfort - We’re not out of the woods yet

IT IS not always possible for a prominent public figure to provide an Apologia pro Vita Sua — a defence of one’s life — in convivial surroundings and amidst the company of former colleagues, some of them well-wishers.

Economic growth is small comfort - We’re not out of the woods yet

But that was the opportunity offered to former taoiseach Brian Cowen when he used his honorary doctorate acceptance speech to deliver a few home truths about EU policy during the great financial meltdown of 2007 onwards and the death of the Celtic Tiger in 2010

Mr Cowen apologised for the hardships created by the loss of a quarter of a million jobs, many of them in construction, but in a triumph of timing reminiscent of Napoleon’s observation that he preferred lucky generals, came the announcement that the pace of growth in the construction sector in Dublin is at its strongest for 16 years.

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