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Positioning for an election? March 20, 2018

Posted by WorldbyStorm in Uncategorized.
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Perhaps not, but the thought strikes reading this, this morning that:

The Government is to pull back from spending all the money available to it in this year’s budget, in a move which will lead to conflict with Fianna Fáil.
The dispute could threaten the confidence-and-supply agreement that underpins the minority government.
The Irish Times understands senior figures in Government believe it would be “crazy” to spend all of the €3.2 billion – or higher – available to Minister for Finance Paschal Donohoe in the last budget of its deal with Fianna Fáil.
“You would be mad to spend it all,” said a senior Government source. “No economist in the world would.”

How very Fine Gael.

And interesting too the expression of a worldview – and how pervasive it is in the article when it continues:

It is understood the view that some of the money which would ordinarily be spent on tax cuts and spending increases should instead be held back has hardened in recent weeks. Sources said this opinion is particularly strongly held by Mr Donohoe and his officials in the Department of Finance.

Why tax cuts. Of course.

Actually, just from the polls and the general political weather the idea of any party really being enthused about an election now seems a little unlikely. But on the other hand both FF and FG will be pushing back here and there at the other. And it takes only so much before…

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1. makedoanmend - March 20, 2018

“You would be mad to spend it all,” said a senior Government source. “No economist in the world would.”

Would them be the same economists who said there was no problem with the property boom in 2007-2008?

Would them be the same economists who been feeding us the same supply side economic shite for the last 40 years?

Would them be the same economist who say that by immiserating workers we can force them to become entrepenuers?

Or are unnamed sources just imploring us yobs to listen to our betters and experts like we were told to do before the celtic tiger went kaput?

Some things never change whilst some things like the greed of neoliberal economic thought just increase in intensity.

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WorldbyStorm - March 20, 2018

It is amazing isn’t it?

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