Dara Calleary (Mayo, Fianna Fail) | Oireachtas source

That confidence is not translating through. The difficulty is that people are getting very frustrated when they continue to read about it. There is also difficulty when the chief executive of a job creation agency, a man for whom I have a good deal of regard and an organisation for which I have superb regard, comes out as a rallying agent for pay and wage reductions. That represents money that will be taken out of the domestic economy. It will affect the jobs we are talking about, such as those in retail and services. Furthermore, it will affect the ability of Waterford to ride this wave of confidence of which the Minister speaks. When the chief executive of a State-funded agency is acting with a rallying call for that kind of decision being taken by corporate companies, it sends a rather poor message.

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