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Revenue neutral is Government’s code for cutbacks – McDonald

3 May, 2011 - by Mary Lou McDonald TD

Speaking in the Dáil this afternoon Sinn Féin Deputy Leader Mary Lou McDonald TD asked the Taoiseach what cutbacks and taxation measures would be introduced to pay for the Governments Job’s Budget due to be announced next week.

Deputy McDonald said,

“It is jobs, not cuts, that must be the priority and tackling unemployment has yet to be put at centre stage by this Government.

“While the Taoiseach and the Minister for Finance tie themselves up in knots over whether they will be implementing a ‘jobs initiative’ or a ‘jobs budget’, they continuously tell us that whatever it is will be revenue neutral. How is this possible? Tackling unemployment requires real investment. Yet Fine Gael and Labour are intent on pursuing the same failed policies of Fianna Fáil and the Green’s.

“It is difficult to understand why the government is following such a strategy when it had already been proven that the cutbacks culture had failed to stimulate economic activity and is hindering growth.”

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