Seanad debates

Tuesday, 27 May 2003

Sustaining Progress: Statements.

 

A feature of all partnership agreements from the outset has been a commitment to pay moderation. This is a central part of the new deal. We can pay ourselves lavish wage increases, but if they are not supported by productivity improvements the net result will be an increase in unemployment. That would undoubtedly be a step backwards. It is vital that we maintain moderate wage levels and that we do not price ourselves out of competitive export markets and ultimately jobs.

Comments

No comments

Log in or join to post a public comment.