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Morgan calls for Job Creation Fund to implement public infrastructure programme

6 January, 2009


Sinn Féin Finance Spokesperson Arthur Morgan TD has described the €12.7billion exchequer deficit as one of the most serious challenges the state has ever faced but went on to stress that lower paid workers should not be expected to take a pay cut while the wealthier in society avoid paying their fair share. Deputy Morgan called for a job creation fund to initiate and implement labour intensive public infrastructure programmes in school buildings and hospitals.

He said, "The €12.7 billion exchequer deficit presents one of most serious challenges that the state has ever faced. The Government needs to show real leadership at this time and bring forward bold, imaginative and positive proposals to take us out of this economic slump.

"However, the Government response to date has been inadequate, lazy and has compounded our economic problems. The downward spiral of the economy has been obvious for some time and the Government has sleepwalked through the crisis in our public finances.

"To simply take an axe to our public services and lash out at our lower paid workers is to shy away from the challenge and is unacceptable. Any further downgrading of our public services will be resisted at all costs. The Government cannot expect lower paid workers to take a pay cut while the wealthier in society avoid paying their fair share.

"The Dáil must be recalled at the earliest possible date so that we have a proper discussion as to how we can get out of this economic slump. Sinn Féin is calling for a 'job creation fund', similar to what has been done in Germany, to initiate and implement labour intensive public infrastructure programmes in school buildings and hospitals.

"The absence of private investment means the state will have to spend its way out of trouble." ENDS

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