“Ireland is a bit like the parable of Midas. Everything it appears to touch right now turns to cash. But we actually need real stuff. We do need real people in the jobs that we need them to do.”
Economist Danny McCoy has spent the last 14 years leading the employers' group Ibec, and understands the intersection of business and politics better than most. He has been a vocal critic of government in the past. Now, however, he is siding with the Government over its fiscal advisers, arguing that the coalition is right to breach the National Spending Rule. In this podcast with Ian Kehoe, McCoy explains why and also sets out the details contained in Ibec’s pre-Budget submission.