Eoghan Murphy (Dublin Bay South, Fine Gael) | Oireachtas source

I thank the Minister for his response. There is time to plan ahead and make sure we find a balance between the increase we hope to see in private spending and the increase in public spending arising out of decisions that have been made. We want people to go out and spend money again but we need to make sure it is happening in the local economy and is supporting local businesses to get back on their feet. We do not want it to be counterproductive by leading to hyperinflation in the domestic economy, which would undo some of the gains that might have been made through public sector investments and the spending of private money.

See this speech in context