Monthly Archives: October 2018

Budget 2019 Housing Redux: welcome to the Republic of missed opportunity

THIS WAS SUPPOSED to be the ‘Housing Budget’.

A series of government plans, strategies and false starts have so far failed to stem the surge in rents, reverse the relentless rise in homelessness or put homeownership back within the means of low-to-middle income families.

A decade since the property bubble burst and homeless figures began their long march to 10,000, this was flagged as the moment when the Minister for Finance would do what Ministers of Finance do to tackle a social crisis when there’s an election on the horizon – throw money at the problem.

So, let’s take a deep dive into the good, the bad and the ugly of the housing measures in Budget 2019.

*** This article was first published on thejournal.ie on 10 October 2018 ***

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‘That’s insane… did they guarantee everything?’: Remembering the bank guarantee

NOBODY LIKES TO get a call from the boss when they’re still in bed.

Exactly ten years ago, in the early hours of 30th September 2008, I got such a call: one I’ll never forget.

From January 2008 to the general election of February 2011, I was, among other things, economic advisor to Joan Burton TD, then opposition Finance Spokesperson for the Labour Party.

As such, I had a front-row seat to the political theatre and economic tragedy of Ireland’s unfolding banking crisis.

*** This article was first published on thejournal.ie on 30 September 2018 ***

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