Oireachtas Joint and Select Committees

Thursday, 3 June 2021

Committee on Budgetary Oversight

Budget Priorities Exiting Covid-19 Pandemic: Discussion

Dr. Stephen Kinsella:

I thank the Deputy. The important point is that, as the Deputy correctly stated, it is blind to the funding allocation and capacity constraint issue. It is probably not the place of an economist to say how this stuff should be delivered. It would be more appropriate to put that issue into the hands of other experts. Dr. Kieran McQuinn, the lead author of the report, is one of the best economists in the country and very well versed in how the macroeconomy of this country works. If he says we can afford this kind of stuff, I am fairly sure that we can. It is a political question and a question of delivery, as the Deputy stated, in terms of how one would use that €4 billion to €5 billion to deliver which types of homes and where and under what conditions. Those are very important matters but they fall outside the scope of the study.