Seanad debates

Wednesday, 22 November 2006

Economic Competitiveness: Motion

 

6:00 pm

Photo of Brendan RyanBrendan Ryan (Labour)

While inflation is one of the major concerns we should always have on how the national economy is going, it is difficult to see how one could talk about it alone. I have a dilemma. The Government amendment is one of the worst I have ever seen. It "notes that Irish inflation in EU terms is now not far off 2%". Does the Government not know the inflation rate? Did it not manage to find out the actual inflation rate. In a serious debate about the nature of our economy the best the Government can do is "not far off 2%".

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