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“Credible plan needed to save Irish economy” – Ó Caoláin

17 November, 2010 - by Caoimhghín Ó Caoláin TD


Speaking before a meeting of the Sinn Féin Oireachtas team, together with party president Gerry Adams, Minister for Education Catríona Ruane and a number of the party’s candidates in key constituencies in the next General Election, Sinn Féin Dáil leader Caoimhghín Ó Caoláin said that what is needed to save the Irish economy is a credible recovery plan, not an EU bail-out that will further indebt the Irish people.

He said:

“We are in a daily worsening economic crisis brought on by the policies of the Fianna Fáil/Green Government and its predecessors. They have put the people in hock to international money-lenders and put in jeopardy the State’s remaining economic sovereignty.

“What is needed now is not an EU bail-out that will further indebt us. What is needed is a credible recovery plan – credible both nationally and internationally. This requires the abandonment of the Government’s disastrous banking policy and the removal from office of the Government itself. We need a General Election as soon as possible and at all costs we must try to prevent the passing of the threatened slash-and-burn Budget which will deepen the recession.

“Sinn Féin has put forward a credible recovery plan based on providing stimulus for jobs, revenue saving and raising and protection of vital public services and social supports. Others, such as the ICTU, have made similar proposals.

“The Government is about to publish and attempt to implement a four-year plan for which it has no mandate and can have no mandate. Let it publish the plan but then let it dissolve the Dáil and call a General Election and let the people decide.

“Sinn Féin is ready for that contest and today we are meeting to place our organisation in key constituencies on an election footing.” ENDS

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