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Beyond the Pale with Cormac Lucey and David Quinn
By Cormac Lucey and David QuinnNews
Beyond the Pale with Cormac Lucey and David Quinn episodes
- Why Santa is bad and Scrooge is good.
In this week's edition of 'Beyond the Pale', Cormac Lucey and David Quinn discuss the budget and how every every politician wants to be Santa and no-one wants to be Scrooge. They explain why Social Democracy is the default position of Irish politics, and that one day we will need a 'Scrooge' who is willing to rein in public spending. Charlie Haughey emerges as an unexpected hero.
00:00 Introduction and overview of Irish social and political certainties
02:02 Ireland's historical cycles of economic optimism and crisis
03:58 The flawed nature of Ireland's budget expectations and revenue assumptions
08:08 Public pension liabilities and accounting practices
12:00 Demographic challenges and aging population in Ireland
17:05 The cost of public spending and taxation in Ireland
21:58 Ireland's political consensus and social democratic tendencies
26:05 Management and accountability issues in Irish government
30:01 The influence of European and American politics on Ireland
35:51 Potential future bond market crises and fiscal risks
46 min
About Beyond the Pale with Cormac Lucey and David Quinn
From the publisher's feed
Every era in Ireland has its certainties.
In the 1970s: moral conservatism, economic caution and a country still rooted in the land.
Today: human rights, secularism, open borders, Brussels-first, climate action and green energy.
Both positions were held with total confidence.
Both were, or will be, partly wrong.
Cormac Lucey and David Quinn step outside the consensus to ask the questions nobody in Irish politics wants to answer, and to work out what Ireland's long-term interests actually require.