Seanad debates

Tuesday, 24 June 2008

3:00 pm

Photo of Ivana BacikIvana Bacik (Independent)

I support my colleagues on this side of the House who have called for a debate on the economy. It is clear we are in recession. We have had enough of the patronising words of those on the other side of the House who suggest we are talking down the economy, and that we should not do so because it is harming the economy. It is clear who has caused the harm. It is interesting that Government speakers are trying to blame the current state of the economy on the international context. They were not slow to take credit for the boom years. When we had the boom, they did not point out that it had an international context. It is clear the Government has blown the boom, as other Senators have said.

I would like to be constructive, as the Minister for Finance asked us to be in his moment of self-pity last week. I suggest we should have a debate on what to do about this problem. Are there obvious ways in which the Minister for Finance could save the Exchequer money? As others have mentioned, an obvious way to do that would be to reverse the roll-out of the decentralisation programme. The programme, which has run into the sand, in effect, is costing the Exchequer a large amount of money without any discernible benefit.

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