Dr. Tom McDonnell:

To fully offset the cost of inflation for all households and businesses would probably take us beyond the scope of what is reasonable in a single year. Therefore, a certain degree of targeting is necessary. The point we are making is that there is a cost-of-living crisis for some parts of the population and therefore those parts of the population should be the first priority. Not every cohort in society is experiencing the cost-of-living crisis. From a qualitative point of view, their disposable incomes and wages are going to fall, their wages may not catch up, their property income may not match inflation in certain cases-----