Leo Varadkar recently said politicians generally aren’t good at maths. We asked some of his former Dáil colleagues and a government economic adviser if they agreed
Leo Varadkar recently said politicians generally aren’t good at maths. We asked some of his former Dáil colleagues and a government economic adviser if they agreedspotted a problem. A flaw in the legislation meant the 4 per cent rent cap could have been accidentally doubled to 8 per cent for some. Coveney quickly offered an amendment, fixing what was accepted as a drafting error.
“Leo thinks we are all on the top deck of the bus,” said one of his colleagues, referring to the famous Financial Regulator’s advert about financial illiteracy, which featured a man standing up on a bus and sheepishly admitting: “I don’t know what a tracker mortgage is.” Ahearne agreed that politicians with responsibility in specialist areas such as finance and public expenditure need to be very comfortable with numbers. He said the likes of former minister for finance Michael McGrath, Minister for Public Expenditure Paschal Donohoe and Sinn Féin’s finance spokesman Pearse Doherty are all very proficient in numbers.
“Politicians might not have all the nuances but they will know enough to present it and to get the main message out of it.” Fianna Fáil TD Catherine Ardagh: 'I can make my way around Excel spreadsheets.' Photograph: Sam Boal/Collins“I can make my way around Excel spreadsheets, and I would say all my colleagues can do that, can read balance sheets, can do debits and credits,” she said.
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