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CSO figures show austerity is not working – Ó Snodaigh

16 December, 2011 - by Aengus Ó Snodaigh TD

Sinn Féin TD Aengus Ó Snodaigh has said the CSO figures showing a 1.9% contraction in the economy in the third quarter show that austerity is not working.

Deputy Ó Snodaigh went on to urge the government to re-think its course of action and introduce a stimulus package to kick-start the economy.

Deputy Ó Snodaigh said:

“Today’s figures from the CSO prove the austerity is not working. Successive austerity budgets are having a detrimental affect not only on the economy but on the lives of ordinary people.

“The government must re-think its course of action. We need to see the introduction of a stimulus package to kick-start the economy and create jobs.

“The government needs to start acting in the interests of the Irish people.” ENDS

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