Dáil debates

Thursday, 25 October 2012

Prospects for Irish Economy: Statements (Resumed)

 

4:15 pm

Photo of John O'MahonyJohn O'Mahony (Mayo, Fine Gael) | Oireachtas source

Keady and Aghavilly schools in Armagh have been signed off for closure. That is a fact in the same way as the fiscal issue Deputy Ó Snodaigh raised.

I have a problem with the populist statements from some Independents who never have and never will have an opportunity to make decisions themselves. Deputy Boyd Barrett said it was hard to come up with solutions in three minutes. He has not provided any solution in the past two years since he has been a Member of the House, except populist ones that would not work. He brings people to the House every Thursday morning whom he says have been affected by cutbacks. If some of his solutions were implemented there would not be any money for them. It would not be a case of dealing with cutbacks; they would be wiped out altogether. That approach is scaremongering. It provides less confidence and results in less spending.

There is a general acceptance across the House that there is a need for growth in addition to savings and cutbacks. Agriculture could provide much of the growth. I compliment the Minister for Agriculture, Food and the Marine, Deputy Coveney, on travelling the length and breadth of this country to explain to farmers about his hopes and efforts in making alliances across Europe to guarantee the CAP budget for the next six years to take account of the opportunities that exist. I very much support his approach. I urge the Minister for Finance to take into consideration changes in agriculture that would allow for the transfer of land and farm consolidation which would make farms far more efficient, without incurring capital gains tax.

Fuel laundering is another important issue. In recent days three or four fuel laundering premises were raided and equipment was seized, saving the State approximately €40 million in lost revenue. I urge the Minister to put the necessary resources into areas that we can put to good use in the forthcoming budget.

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