It’s completely unrelated to the covid spending. We kept pretty much middle of the pack in Europe in what we borrowed and spent and so it shouldn’t have any negative consequences, no.
But, Pat leahy had an article the other day saying something like all of a sudden the government was going to be getting three bills it hadn’t expected for a billion each. We’re going to lose 2 billion a year fairly soon from international taxation changes and we’re still nowhere near investing enough to address housing or health.
The problem SF could have is that hiking income tax for high earners may be problematic if lads can just move to Spain or Thailand and work away like some are suggesting in the new remote working paradise
I’d not be planning on retiring in Ireland in 20 years and would keep options open as the demographics may not save us
I lost a lot of faith in them all when they went populist on pension age. 65 was life expectancy or so when pensions introduced 110 odd years ago. We simply can’t afford it now and they all know it