Fidelma Healy Eames (Fine Gael)

There is a common theme running through many of today's contributions. In the midst of our concerns about our economic situation we are at risk of ignoring the social, mental and emotional fall-out, especially among young people. I was shocked and amazed by what the chief executive officer of TV3 said recently. He said the programme "Tallafornia" reflected real life in our society more closely than Seanad debates. Let that not be said because this House is concerned about social issues, judging by what has been said this morning. It is important we would have a debate on parenting because the family is the core unit. So much starts with the parents. It is not an easy job being a parent. It is time we had such a debate, including all the issues around alcohol and lifestyle habits. I wish to say to the CEO of TV3 that we are concerned about where our country is going economically. That is why we are having debates of this nature in the House.

I have been examining the "No" posters on the stability treaty. I am impressed with one word that is used that is accurate, namely, austerity. If we vote "No" it is certain that we will get austerity, and more of it, because it will bring uncertainty and affect confidence, not just among investors but among the people living in this country. We know already we have a very flat economy. Could one imagine what it would be like for the next 18 to 20 months if we had to wait to see whether we had a credit line in this country? Let us think of the effect a "No" vote would have in the interim period. It is time we looked at the stability treaty in terms of a confidence measure and a growth promoter. I am pleased we are to have a debate on this issue later today in the context of Ireland's Presidency of the EU next year. It will be an opportunity for this country to give leadership across Europe. I look forward to the debate.