Oireachtas Joint and Select Committees

Tuesday, 19 September 2023

Committee on Budgetary Oversight

Pre-Budget Engagement: Central Bank of Ireland and ESRI

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

I just think it is important to stress. It is not in the language and it should be emphasised a little more. The problem from the point of view of ordinary working people and those on lower incomes and so on is that when we have budget deficits, they have to get it in the neck and when we have record budget surpluses, they still get it in the neck. Meanwhile, super profits are being earned. I am not asking the bank officials to agree with my particular policy proposals, but it should at least be seen as a legitimate option to say there is actually a way we can prevent austerity or restraint being imposed on those who really need support, provided additional revenue can be raised from elsewhere. Do the officials know what I mean?

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