McCreevy hypes up a non-existent fiscal crisis so he can cut services

McCreevy is hyping non-existent fiscal crisis so he can cut services.

Our famous fiscal crisis is a smokescreen for cuts in services.

If you earned 27,000 euro this year and you needed to borrow an extra 500 euro, would you panic? Especially if you knew that you could afford to repay it and that your prospects were good for next year and the year after that?