Oireachtas Joint and Select Committees

Tuesday, 15 July 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Pre-Budget Submissions: Discussion

3:10 pm

Mr. Padraig Cribben:

The key to recovery is consumer confidence, and we must recognise that within a mile radius of where we are there is a different level of recovery from anywhere else. The key to consumer confidence is putting more money back into people's pockets. Every town in Ireland has closed businesses and boarded-up shops. To get recovery going we need to get those shops open again and we need to get those businesses going again. The only way to achieve that is by allowing people to retain a higher percentage of what they earn and giving them the confidence to spend it. That is the key to recovery.