Daniel McConnell: Spending splurge will have to be paid for

As a nation we have “been living on Skittles”, as one leading economist describes it, but we have to realise no party lasts forever, writes Daniel McConnell

Paschal Donohoe (pictured) and Michael McGrath are serious individuals in their own right and are a formidable team within government but there is no other conclusion to reach but that the strategy they have embarked upon is highly risky and far beyond the realm of economic prudence. Photograph: Leah Farrell / RollingNews.ie

Anyone who has small children knows the dread of a sugar rush after a birthday party. The moment you hand over the goodies, it is all sweetness and light but the madness is not far behind.

The chaos of the sweet-induced rampage is quickly followed by the crash, which is always spectacularly horrific for us parents. Well, it is at least in our house. The middle child in particular.