As a fairminded Fianna Failer, I accept the following:
1) The public finances are in absolute mess. A 2.75% deficit is a disaster by the standards the EU have set.
We will probably go through the 3% mark. We will have to borrow in the shortterm until the inceases in public spending are brought under control and the revenue streams return (I am more concerned with the loss of VAT than stamp duty).
2) Public expenditure went way of of control. I very sqaurely blame Patrick Bartolomew Ahern. Where a group shouted or made a complaint - they got money thrown their way.
Cowen, does not follow that philosophy.
3) Government waste: I'm afraid that's what any organisiation/person who spends other people's money do. It is difficult to control by central government. Sadly it will continue until Civil Servants (
rather than politicians who personally waste very little - bar the decision to retain and store e-voting machines) are held legally to account for them. If they mess up big time, there should be decuctions from pay and pensions. But that will be next to impossible to achieve.
4)
The economy and society are quite stable.
This a blip (albeit a serious one). When you go from building 70- 90,000 houses a year to 30 to 40,000, there are going to be consequnces - in the real world and key economic indicators. We probaly will go into a technical recession.
5)
FF will get the blame for any woe in the economy or in someone's own crazy property choices. That politics.
6)
FF candidates will get a hammering next year (again). I do not expect to be standing. Above all I wish any
FF canvasser well in going around Meath or Kildare looking for votes - hope they wear protective gear.