Oireachtas Joint and Select Committees

Wednesday, 16 January 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Matters Relating to the Economy: Discussion with Governor of Central Bank

3:20 pm

Photo of Joe HigginsJoe Higgins (Dublin West, Socialist Party)
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I think the Governor misses the point. It is not just a question of the huge difficulty and stress of ordinary people that should be taken into account. People who are meeting their repayments are scrimping to do so and the resources they are scrimping to pay the banks could be going into the domestic economy and reviving and creating demand and, therefore, jobs. Is that not logical economic policy?