Enniscorthy Sinn Féin Cllr Johnny Mythen has
welcomed the government's recent decision to allocate what is left in the
National Pension Reserve Fund for job creation and said that it represented a late
but very welcomed government endorsement of his own party's economic
policies. Cllr Mythen said it was just a pity that it took the government
two and half years to realise that Sinn Féins call for stimulus instead
of austerity was right all along.
Cllr Mythen said;
"The action to use
the reserve pension fund to stimulate jobs and growth represents an endorsement
of Sinn Fein's economic plan. Sinn Fein
put forward a rational and practical plan to counteract austerity. This plan was fully costed by the department
of finance."
"Our plan was ridiculed
by the three main parties, whom are quiet happy to follow religiously the path
of the troika leading to austerity measures that are being dished out like aspirin
at a local chemist shop but are clearly not curing our economic headaches. For example we currently still have 15%
unemployment which equates to 25% if you factor in emigration. We have a debt ratio to GDP increasing on a rapid
scale. The private investment sector have lost confidence while our local and small businesses are on their knees."
"It is on these
grounds Sinn Fein welcomes with open arms the release of the reserve pension
fund to at least start the recovery through jobs and growth. We have already lost one whole generation of
Irish people, let us not lose another to what is a very bad economic idea that
is ruining Ireland and Europe on a scale that hasn't been seen since the nineteen
thirties.
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