Seanad debates
Tuesday, 6 March 2012
Action Plan for Jobs 2012: Statements, Questions and Answers
3:00 pm
Sean Barrett (Independent)
We should develop a focus on enterprise. The innovation report's penultimate recommendation was to develop some measure of return on the immense research and development effort that we are undertaking. There is none currently. Bord snip nua asked for it, but none has been provided. Science Foundation Ireland, SFI, must get involved with economists. It is not a kick-and-hope situation. That is what we did with the property sector. Read Mr. Simon Kelly's book. The property sector was selling to hotels tax breaks on office blocks while tourism declined by 31% during a four-year period. We must have a connection between the results and the inputs being devised by the Cabinet. Beware of the tax lawyers and accountants, as they are serving their clients rather than the unemployed.
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