Oireachtas Joint and Select Committees
Wednesday, 20 February 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Access to Credit Provision: Discussion with Credit Review Office
3:05 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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Because the decisions that are being made by small and medium enterprises not to look for money or on the part of banks not to give it to them if they do, in the few cases that seek it, are rational within their own terms if one is looking at the micro case or a particular business whether it is viable or not. That decision which is rational in the individual case is completely irrational from the point of view of the wider economy.