Pat Rabbitte: It’s not ‘favouring’ austerity if you have no choice | Business Post

From left: Klaus Masuch of the European Central Bank, István Szekely of the European Commission and Ajai Chopra of the IMF in Dublin in 2011, at the nadir of Ireland’s plight during the financial crisis. Picture: Photocall Ireland

Aidan Regan, my fellow Business Post columnist, wrote recently in this publication about the Labour Party’s role in “implementing austerity”. He asserted that the party must admit that austerity was a mistake that played no role in Ireland’s economic recovery if it is to have a future on the left of Irish politics.Subscribe from just €1 for the first month!

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