Speaking at the launch of the Sinn
Féin, pre-budget submission in Dublin this morning, the party’s
enterprise spokesperson Peadar Tóibín TD said: “At what stage will the government
accept that there policies are not working? We have 430,000 people
signing on the register and 76,000 emigrated in the last year. We
have 78,000 young people on the register.
“Europe is on the brink of a further
recession which will disproportionately impact on our economy.
“And yet this
government continues to pursue the failed policies of austerity for
some while handing out millions to the bondholders. This government
was elected on the basis of delivering change. They have failed and
our people are paying the price.
“What is required is a new approach
with a focus on investment, jobs and economic growth, an approach
that will benefit all in society.
“Sinn Féin proposes to create a fund
that will stimulate the economy and create jobs through the use of
savings in the public sector, the implementation of a fair tax system
and use of the national pension fund and European Investment Bank.
“Today we have set out proposals to
develop and implement a €7 billion stimulus package.
“We would reinstate the capital
projects blocked by the government last week and in addition bring
forward an investment programme targeted at schools, health, energy
and broadband to enhance our national competitiveness and create
“We will develop a job retention
programme to safe guard existing employment and a targeted approach
to matching the needs of employers to the skills of the unemployed.
“In addition we would seek to
incentivise the pension industry to invest in this state and develop
a €5 billion investment in retro fitting of insulation in housing
to deliver jobs and reduce costs to families.
“This government has choices to make.
It can continue to follow the lead of Fainna Fáil or it set a new
“We have showed that a different
approach is possible that can deliver growth and employment. We hope
that the government will look at our proposals and work with us to
deliver the best for all our people.” ENDS