#economic-overheating

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#public-spending #tax-policy #construction-wages #fiscal-policy #budget-spending #ireland
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fromIrish Independent
1 week ago

The Irish Independent's View: Economic alarm bells are ringing again, so prudence is needed ahead of Budget 2026

State spending at current rates is unsustainable; tax windfalls from multinationals are finite, requiring tax increases or spending cuts to avoid overheating and inflation.
fromIrish Independent
3 weeks ago

Government risks "overheating" the economy, warns ESRI

Ireland's fiscal policy looks pro-cyclical right now, which creates immediate risks such as overheating, and longer term risks such as the need to continue with a pro-cyclical fiscal stance in any downturn, thereby magnifying the downturn,
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