Hard to impress

YOU have to feel for the Government. They slash budgets, pour good money into bad banks, take possession of unwanted development sites and squeeze workers until the pips squeak – all to satisfy what they imagine to be the requirements of international credit rating agencies.

Yet these faceless arbiters of lending are unimpressed. They seem to think the cuts are only depressing the economy, that the bank bailouts are propping up lame ducks and that the development sites are worthless until proven otherwise. But what would they know?

Dominic Carroll