Political response to economic crisis in Ireland

10th November 2010 Socialist Action 0

Sinn Féin offers a better way

By Nicky Dempsey

Sinn Féin has published its response to the Dublin government’s threatened plans to cut public spending once more in its Budget for 2011, There Is A Better Way. The Fianna Fail/ Green coalition in government has outlined planned further cuts totalling €6bn in both capital and current spending, including welfare payments to the poor. This would bring the total level of ‘fiscal tightening’ to €20.6bn since the end of 2008, which is now equivalent to 13.1% of GDP. For comparison the British government’s current plans – among the most draconian of any major European country – amount to 9.2% of GDP.