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Troika mind-set must be removed now: Doherty

13 December, 2013 - by Pearse Doherty TD

Sinn Fein Finance Spokesperson Pearse Doherty Td has said now is the time to remove the Troika mind-set of austerity above all else.

Deputy Doherty said:

“Sinn Fein is glad to see the backs of the Troika although we realise their influence formally and informally will be prevalent for a long time to come.

“Unfortunately the government has shown no desire to get rid of the Troika mind-set and that means little will change for the better in the near future. The government should grasp this opportunity to get rid of the Troika mind-set.  

“Minister Noonan’s spinning of imminent income tax cuts is not rooted in reality and six-month from an election is a cynical suggestion. Lower and middle-income families do need a break and that should mean the government rejecting water charges and scrapping the family home tax.

“The Irish people aren’t fools. Nothing has changed in real terms. We still owe billions because Fianna Fail and this government gave the banks €65 billion. Unemployment is set to remain in excess of 10% for the next number of years. People are still struggling with the cost of living. Families still can’t pay their mortgages or their rent. Parents still can’t afford to meet school and health bills and continue to struggle with the cost of the weekly shop, the ESB bill and phone bills.

“Next year’s budget target is set at €2bn in cuts and taxes. The EU Commission has said another half billion might be needed. They have also once more reduced the growth forecast. There is still a deficit to be closed and today’s press conferences make that task no easier than it was yesterday.

“The route to economic recovery is through growth and to achieve real growth the Troika mind-set should be sent home with the Troika.”

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