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October budget should bring an end to austerity – Doherty

22 April, 2013 - by Pearse Doherty TD


Sinn Féin Finance Spokesperson Pearse Doherty TD has said the government should admit austerity has failed and use October’s budget to reverse the damage done.

Speaking today in response to media speculation that middle income taxpayers will get significant relief in the budget Deputy Doherty said;

“It is bizarre to hear of Fine Gael and Labour sources talking about lower and middle income families needing a break when they have championed and implemented the austerity programme that has targeted those very people.

“If this signals a u-turn of the austerity programme then I welcome that u-turn. The fact is that austerity has failed and the government should admit it.

“Unemployment is at 14%, the same as it was on day one of this government, and emigration is still at record levels. We are still in recession and the life has been strangled out of the domestic economy.

“This year and next will see a host of new austerity measures. The Family Home Tax and water charges will weigh on lower and middle-income families the most.

“There is still time for these new austerity taxes to be dropped. This is a government still wedded to austerity and still committed to another €3.1 billion of austerity in October's budget.

“This year’s budget needs to be about a total change in direction. It should bring an end to austerity as the preferred policy and a move to a better and fairer budget.

“I hope that is the case and that the government will move to Sinn Féin’s position on austerity as they have on the need for a stimulus.

“The first step must be an admission that austerity has failed.”

ENDS

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