We are at a crossroads. The public finances are in surplus, but we all know this is down to our increasing concentration of revenues from corporation taxes. IBEC’s latest report suggests growth of around 3 to 4 per cent and inflation of around 4 per cent by the end of the year. The government last week handed out €1.25 billion with another €650 million from pre-allocated funding kicking in, slotted some €4 billion into a rainy day fund, and the public reaction was muted, to the point of almost ignoring the vast injections of cash taking place during a moment…

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