An Economic Mess Created by Cabinet

Summary


AS THE true horror of the national finances dawns across Government, there is scarcely a politician in the Cabinet who does not share responsibility for the impending disaster.

We are witnessing one of the swiftest disintegrations of a budget balance in the history of the State. From a surplus that, even at the outset of this year, was the envy of Europe, spending has had to be abruptly halted. More cuts are inevitable. If the crisis continues to deepen at this pace, by Budget Day in December we will face the deepest economic crisis of a generation. And it is entirely the fault of a Government that has cynically spent money that does not exist, for its own political purposes.

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An Economic Mess Created by Cabinet

If it is hard to overstate how serious things have suddenly become, it is equally impossible to o...

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