Yesterday didn’t ‘budget’ for the looming public-sector pay talks

Ireland“The big hoopla wasn’t the Budget yesterday, it will be the public-sector pay talks next year. Politically and fiscally, that is where the real action is. Add a big plus to yesterday’s numbers and you get the total figure for public spending, and the borrowing required to service it. Of course, we don’t know what the big plus is, but it is the elephant in the room …” (more)

[Gerard Howlin, Irish Examiner, 15 October]

Tags: , , ,

Leave a Reply