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Fri 10 Oct 2008Power over fiscal policy must be taken away from politicians
OPINION:Twice in a generation the political class has mismanaged the public finances. Radical change is needed to ensure it never happens again, writes Dan O'Brien
HAD THE public finances been well managed during the years of extraordinary plenty, the Government would now be in a position to mitigate the effects of recession by cutting taxes and increasing spending. Such steps would have the additional effect of boosting confidence by providing reassurance that those at the helm are capable of navigating a course back to stability and growth.
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