Oireachtas Joint and Select Committees

Thursday, 9 May 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Six Month EU Scrutiny Report: Discussion with Department of Finance

11:25 am

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

I want to tease out this issue briefly. I understand the Minister for Jobs, Enterprise and Innovation is supposed to come up with specific concrete proposals about how we might create jobs, but that is not what I am asking about. I am asking about unemployment and employment as a macroeconomic category, as a metric by which to measure the viability and health of the economy overall. Is that not a key metric in examining whether the medicine is working, whether the surveillance and macroeconomic oversight are working? Is Mr. Carrigan telling us the process is concerned only with supervision and the stability of the banks?

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