If Sinn Féin causes capital flight, why are investors turning to the North?

IN a successful piece of pre-election scaremongering, the right-wing parties claimed that if Sinn Féin was to become a party of government in Leinster House, there would be a consequent ‘flight of capital’ from the State.

In fact, the opposite has happened already on this island. Sinn Féin is in power in the North and investment is flowing in there.

In the South, Fianna Fáil, the Greens and PDs are in power and the economy worsens weekly with capital flowing out, the construction sector in trouble, inflation increasing much more than wages and, in a throwback to 1987, well-off politicians and business executives telling the rest of us to tighten our belts.