You are here

Policy issues concerning Bailout

Claims by European Commission Vice President Olli Rehn that Ireland’s bailout agreement is working have been challenged by Social Justice Ireland.  There is clear evidence that the bailout is not working.   According to the Government’s own statistics the number employed is falling, poverty is rising even though the poverty line is lower than it was, unemployment is stuck at record high levels, inequality is growing, services in areas such as health, housing and public

Since 2008 successive Governments have pursued an austerity policy which has included deficit-cutting, lower spending, a reduction in the benefits and public services provided by the State coupled with increases in taxes but not on the corporate sector. This austerity approach is not working.

Pages