Sir, – It was disappointing to read Minister for Finance Michael McGrath signalling that the Government will not generate €65 billion in budgetary surpluses out to 2026 (News, September 28th).
As a result of the original overstated forecasts, so much effort has now been wasted by all the political parties, tripping over each other, with plans as to how they would blow, or should I say spend, a pot of money that has never existed.
Maybe they should spend some time working out how the national debt of approximately €225 billion could “be scaled back”.
Unlike the disappearing surpluses, it is real. – Yours, etc,
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BRIAN CULLEN,
Rathfarnham,
Dublin 16.
