Senator Bacik Accuses the Government of Bringing Down the Economy

STATEMENT BY SENATOR IVANA BACIK

Labour Seanad Spokesperson for Justice, Equality & Law Reform
Tuesday 30th November,2010

SENATOR BACIK ACCUSES GOVERNMENT OF BRINGING DOWN THE ECONOMY

Speaking today in the Seanad, Senator Ivana Bacik proposed the Labour Party's private member's motion on job creation, saying:

“The Government's so-called National Recovery Plan contains within it no strategy for job creation and no way of ensuring any growth in the economy. Instead the Government has pursued a slash-and-burn approach to the dire economic problems that we face. By contrast, Labour in office would seek to stimulate economic growth by implementing a job creation programme that would include commitment to a Strategic Investment Bank.”

Responding to Government speakers, Senator Bacik also said:

“It is extraordinary that Government speakers can accuse us in opposition of ‘talking down the economy' when they have already brought down this economy. They have sold our sovereignty for the sake of propping up a few zombie banks. By making catastrophic levels of private bankers' and developers' losses into crippling public obligations, they have brought down this economy and this country. They are not fit to govern.”

ENDS