Enda Kenny (Mayo, Fine Gael)

It is unfortunate that what the Deputy has just stated is the case. That is why we announced, as part of the jobs initiative, moves to deal with VAT and PRSI and it is why we are focusing our efforts on the areas of tourism and trade, particularly between Ireland and Great Britain and the United States. The programme of investment being followed through on by IDA Ireland is both serious and quite exciting in nature. I met potential investors in Washington and New York and I am aware that they are very enthusiastic regarding the clarity displayed by the Government in the context of its decisions on the banks and on how it proposes to encourage investment in this country by retaining our existing corporate tax rate. There will be no equivocation with regard to the latter. On my visit to the US, I also pointed out the financial advantages and opportunities that exist in Ireland for companies wishing to establish operations here.

Tying in the diaspora in respect of that new innovation would give a global reach to what we are trying to achieve. When the second economic forum takes place in Dublin later this year - the first was organised by Deputy Martin - I hope we can follow through with a more comprehensive process for dealing with the issues that arise in the context of ideas and proposals or with regard to changes that might be brought about in order to stimulate job creation.

As the Deputy is aware, every day that passes is a day which moves us further away from the recession. In addition, every job created represents a new career for someone and also an opportunity to proceed with the strengthening of our economy. The latter is critical in the context of ensuring that people will not be obliged to leave. Many of the companies which have already received assistance from IDA Ireland should be encouraged to employ and train graduates, particularly in view of the fact that the position with regard to our exports is currently so strong. If these companies did as I suggest, it would give people the opportunity remain here rather than being obliged to move abroad. I am sure the Deputy would support such a development.

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