Is this even believable?
Surely as tax receipts come into Revenue, they are recorded and the trend could be monitored on a daily or weekly basis. (It just does not happen on the very last day of every month).
Whoever records this data would have the relevant experience to state which way the trend was compared to previous months.
And Brian Cowen spent the month of February telling everyone there would be no budget and never once checked this information.
Crazy stuff!
Ok, so "Cowen had no idea revenue was down".
... and no-one in Govt could forecast the severity of the economic downturn
... and anyone who cast doubt on the boom was labelled as 'talking down the economy' and could 'go and kill themselves' by Cowen and Ahern...
There's a pattern here, methinks ....
...and the Finance minister didn't read all the report on Anglo
Now be fair, he did not read all of it, he just read what his officals highlighted. It's not his fault, that the offical did not highlight everything.
Well, he is a barrister 'by trade', so is more used to presenting briefings from clients rather than analysing and producing solutions.
Now if only we had someone actually qualified in economics and finance as finance minister ..
Whoever records this data would have the relevant experience to state which way the trend was compared to previous months.
Someone mentioned on the radio yesterday that there is no economist employed in the Dept of Finance, but in Northern Irleand Assembly they have many. I only caught the end of it.
Does anyone know if this is true?
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