Pearse Doherty (Donegal, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

Will Mr. Barnes explain something to people who are perhaps watching the committee? We have had inflation of 8% this year. It is projected to be 7% next year and Mr. Barnes has argued that some of the temporary measures can fall away. He has acknowledged that, when we take the two year period, those on fixed incomes will have a lower living standard next year. That is accepted by the Irish Fiscal Advisory Council because the rises in core rates did not match inflation. Unless we have deflation, will it not be the case that they will be worse off every year?