Peadar Tóibín (Meath West, Sinn Fein)

This is a completely jobs free investment. The Government is spending seven times more money on this promissory note than all the money it will spend in the IDA, Enterprise Ireland, Shannon Development and the county enterprise boards for one year in total. That shows us directly where the priorities of the Government lie. It is time the Government started investing in and fixing the real economy. Does the Tánaiste not agree that the money going into the promissory note would be better spent reducing unemployment, ending emigration, creating competitiveness and tackling disadvantage? It is time to go beyond the argument that we have no other choice and that it is the fault of the previous Government.

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