What is the political lesson of the 2020 election where Fine Gael finished third despite delivering a balanced set of national finances for the first time in over a decade while investing more than ever in health and housing, a Brexit outcome guaranteeing no hard border on this island and a seat at the UN Security Council?  The political lesson is that the people don’t care about these things in the slightest and would vote for Sauron if he credibly promised lower taxes and higher spending on things people cared about. This is why all governments are deficit-biased. The health…

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