Deja vu: 2003 or 2013?

Sir, – December 2013: the stock market up 35 per cent, a housing boom, income tax coming down and the Government throwing money at public service unions to avoid a strike. Whoopee! It’s 2003 all over again . . . – Yours, etc,

NORMAN DAVIES,

Belton Terrace,

Bray,

Co Wicklow.