Sinn Féin - On Your Side

Government attention needs to shift from cut backs to job creation

26 January, 2009

Sinn Féin Economic Spokesperson Arthur Morgan TD has this afternoon criticised the government for its 'tunnel vision' approach to the current recession which is costing jobs and hampering Ireland's chances of economic recovery.

Deputy Morgan said:

"Whilst the government is locked in negotiations with the unions, another 750 workers have been told that they will lose their jobs at Ulster Bank.

"The sole focus on reducing our deficit is costing jobs. In the past 4 weeks while the Government's attention has been cutting back on our public services, thousands of workers have been let go.

"The government and IBEC's approach of cut backs and slashing workers' salaries, as well as basic terms and conditions, is a short term measure that will cause avoidable hardship to working families and curtail consumption spending even further.

"Ireland needs a job creation plan for the short and medium term. We need workers who have lost their job to have ready access to up-skilling and retraining. This is ABC stuff and it is remarkable that the government and indeed IBEC have failed to grasp the reality of what needs to be done.

"Every other country in the western world has launched major capital spending projects, yet the Irish government has chosen instead to single out the public sector and working people heaping on them the burden of the failing economy whilst at the same time protecting senior bank management and property speculators who hand in hand with Fianna Fáil are the primary culprits behind Ireland's recession.

"Reviving the economy is not going to happen by draining money out of it. Economic recovery can only be achieved through a co-ordinated plan of action and major public investment." ENDS

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