Oireachtas Joint and Select Committees

Wednesday, 3 July 2019

Committee on Budgetary Oversight

Summer Economic Statement: Minister for Finance

Photo of Martin HeydonMartin Heydon (Kildare South, Fine Gael) | Oireachtas source

The committee has heard much commentary to the effect that the economy is approaching full capacity and we could be heading into a period of overheating, as has been touched on here. Obviously a disorderly Brexit would stop that happening. I wish to ask about overall strategy if the economy overheats. Does the Minister accept that we could be facing full capacity, or does he believe there is potential to grow economic capacity further? What are the possibilities for growing capacity rather than accepting that we need to put brakes on or pour cold water on the economy?

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