Dáil debates
Thursday, 8 December 2005
Financial Resolution No. 5: General (Resumed).
1:00 pm
Michael McDowell (Dublin South East, Progressive Democrats)
From the late 1970s to the mid-1980s this country tried the opposite approach to that which the Government is following. That mistaken policy produced the disastrous combination of high spending, high tax rates, high unemployment, low tax yields and a budget deficit spiralling out of control.
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