Oireachtas Joint and Select Committees
Wednesday, 11 February 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Michael McGrath (Cork South Central, Fianna Fail)
Link to this: Individually | In context | Oireachtas source
Professor FitzGerald related a very interesting anecdote about the 2007 general election. It is instructive for anyone to look at the manifestos of the time. Some might characterise it as a contest of who could give away the most. Why does Professor FitzGerald think there was such an approach by a number of political parties at the time? Was there something approaching a national consensus that low tax, high spend was the way to go and that the model was sustainable?