Friday, June 21, 2013

Cllr. Mythen compliments the Government for adopting and implementing Sinn Fein's economic policies

Enniscorthy Sinn Féin Cllr Johnny Mythen has welcomed the government's recent decision to allocate what is left in the National Pension Reserve Fund for job creation and said that it represented a late but very welcomed government endorsement of his own party's economic policies.  Cllr Mythen said it was just a pity that it took the government two and  half years to realise that Sinn Féins call for stimulus instead of austerity was right all along.

Cllr Mythen said;

"The action to use the reserve pension fund to stimulate jobs and growth represents an endorsement of Sinn Fein's economic plan.  Sinn Fein put forward a rational and practical plan to counteract austerity.  This plan was fully costed by the department of finance." 

"Our plan was ridiculed by the three main parties, whom are quiet happy to follow religiously the path of the troika leading to austerity measures that are being dished out like aspirin at a local chemist shop but are clearly not curing our economic headaches.  For example we currently still have 15% unemployment which equates to 25% if you factor in emigration.  We have a debt ratio to GDP increasing on a rapid scale.  The private investment sector have lost confidence while our local and small businesses are on their knees."

"It is on these grounds Sinn Fein welcomes with open arms the release of the reserve pension fund to at least start the recovery through jobs and growth.  We have already lost one whole generation of Irish people, let us not lose another to what is a very bad economic idea that is ruining Ireland and Europe on a scale that hasn't been seen since the nineteen thirties.

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