Things nearly always look rosy before an election, then we have the ashen faced politicians after the election telling us the books are far worse than they were led to believe.
We certainly ain't out of the woods yet. That's a lot of debt to be serviced, just imagine where we'll be if if the interest rate on it rises to 5% or higher in the middle of another International slow down.
The number of Irish unemployment benefit claims at the end of 2015 amounted to 410,000 comprising 329,000 on the Live Register and 81,000 in publicly funded activation schemes, according to CSO data published Thursday. The broad jobless rate based on a workforce size of 2.186m last September, gives a rate of 19%.
Net emigration by Irish nationals in the period May 2009 - April 2015 amounted to 147,000.
The narrow or headline rate based on the International Labour Organisation (ILO) definition of employment being at least 1 hour of paid work per week, was 8.8% in December and the official level of unemployment fell 29,000 in 2015.