"While the wider global environment is worrying, we are seeing some positive results in our economic affairs"
About this Quote
A neat bit of Irish balancing act: acknowledge the storm without letting it into the room. Higgins opens with a line that validates public unease - “the wider global environment is worrying” - a phrase roomy enough to hold wars, inflation, migration pressures, energy shocks, and the general sense of a world slipping its hinges. It’s also deliberately externalized. The worry is “wider” and “global,” positioned as something happening out there, not as a verdict on the government’s competence at home.
Then comes the pivot: “we are seeing some positive results in our economic affairs.” The pronouns do heavy lifting. “We” invites shared ownership of the good news, even if the levers were pulled by a narrower set of decision-makers. “Our economic affairs” is softer than “the economy”: less mechanistic, more like household management, implying prudence rather than ideology. “Some” is the crucial limiter; it signals realism, preempting the charge of spin while still offering relief.
The intent is stabilizing, almost therapeutic: dampen panic, keep confidence intact, and create permission for cautious optimism. In a small, highly globalized economy like Ireland’s - famously exposed to multinational flows, trade disruptions, and international tax politics - reassurance is itself a policy tool. Higgins, as president, typically speaks with moral and civic authority more than executive power. That’s part of the subtext too: he can’t set interest rates or budgets, but he can set the national mood, signaling steadiness to citizens and, quietly, to markets watching for wobble.
Then comes the pivot: “we are seeing some positive results in our economic affairs.” The pronouns do heavy lifting. “We” invites shared ownership of the good news, even if the levers were pulled by a narrower set of decision-makers. “Our economic affairs” is softer than “the economy”: less mechanistic, more like household management, implying prudence rather than ideology. “Some” is the crucial limiter; it signals realism, preempting the charge of spin while still offering relief.
The intent is stabilizing, almost therapeutic: dampen panic, keep confidence intact, and create permission for cautious optimism. In a small, highly globalized economy like Ireland’s - famously exposed to multinational flows, trade disruptions, and international tax politics - reassurance is itself a policy tool. Higgins, as president, typically speaks with moral and civic authority more than executive power. That’s part of the subtext too: he can’t set interest rates or budgets, but he can set the national mood, signaling steadiness to citizens and, quietly, to markets watching for wobble.
Quote Details
| Topic | Money |
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