The Irish government has moved swiftly to make the incomes of almost one million employees and employers as safe as possible for the duration of the Covid crisis. The resources of the health and education systems have been buttressed. The July stimulus promises to pump some €5 billion into the economy to support businesses, the largest in the history of the state. In my first columns on Covid, I estimated the fiscal response at some 10 per cent of gross national income, or some €20 billion. This is looking like a conservative estimate now. Even before the July stimulus, the…

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