Oireachtas Joint and Select Committees

Tuesday, 28 February 2017

Committee on Budgetary Oversight

Report on the Revised Macroeconomic Indicators: Discussion

4:00 pm

Photo of Dara CallearyDara Calleary (Mayo, Fianna Fail) | Oireachtas source

What is best for the country is that we address our infrastructural bottlenecks, create employment and make long-term investment but not be constrained from doing that by rules, which are needed but which are really focused on short-term, day-to-day expenditure. However, that is another day's debate.

Deputy Cullinane mentioned that we took a huge international hit with the phrase "leprechaun economics" last July. Given the reputation of the man who invented the phrase, that hit was bigger again. Does GNI* address the disparity on that issue?

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