Seanad debates

Wednesday, 9 July 2008

Economic Policy: Statements (Resumed)

 

4:00 pm

Photo of Fiona O'MalleyFiona O'Malley (Progressive Democrats)

We should remember, as Senator Ross acknowledged, that the fundamentals of the economy are sound. Were it not for the construction sector, the economy would still be growing at 4% per annum, something of which we should be proud. It concerns me that some people speak with such negativity when discussing the economy, because when outside influences begin to hear this they, in turn, will worry about the state of it. We could do ourselves damage in this way. There is not a recession here.

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