Look at the state these policies got us into
She won’t be implementing excessive tax cuts then, nor spending far more than the Government should, thus avoiding the need for expensive special savings schemes to take heat out of the economy and benchmarking exercises to satisfy public servants’ wage demands.
No boom and bust for Mary then, no excessive stimulation of demand, pushing up costs and wages, leaving us with the twin evils of low growth and chronically high inflation leading to lack of competitiveness and loss of employment.
No house market bubbles, no spiralling National Development plan costs, no increase in relative poverty...
But wait, a flashback! Those were budget decisions of 2000 and 2001 and 2002.
Wake up Mary and smell the new non-societal, bean-counting Ireland that you have created.
Take the blame for our clear inability to control the boom. We had full employment in December 1999. What have you been doing since then?
Daithí Fallon,
Innishannon,
Co Cork.
