We could be in for a period similar to John Major's administration in the mid-90s, a government completely hobbled by the disastrous handling of the ERM crisis of September 92, kept on life-support by the Ulster Unionists with terrible consequences for the peace process. Even though it was Ken Clarke who fostered the 'green shoots of recovery', it was the incoming Labour administration that took the plaudits. I'm not sure Blair would have wanted power in 94, and I'm not sure FG should want it now.



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