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Stimulus programme - Cynicism should be put aside

With Ireland’s unemployment rate a depressing 14.5%, the fifth highest in the EU, tens of thousands of people who would prefer to be working than on the dole will watch with keen anticipation the Government’s approval this week of a €2bn package aimed at stimulating growth in the economy.

It is high time the Government got down to the business of honouring its election promises. A jaundiced public, weary of an overdose of political spin, has seen little by way of substance to suggest the economy is turning around.

Most of the 440,600 people signing on the dole will look with renewed hope to the stimulus programme being financed from the National Pension Reserve Fund and by public-private partnerships. It will be the first concrete demonstration of this Government’s so-far unproven capacity to deliver on the jobs front.

Given the controversy surrounding Health Minister James Reilly, a cynic might be tempted to see it as nothing less than a blatant exercise in news management. Indeed, a weekend announcement, no doubt calculated to distract eyes from Dr Reilly’s appearance in Stubbs Gazette over a nursing home dealing involving €1.9m consortium debt, told how he plans to raise the price of 20 cigarettes from €9 to €15 over the next six years.

News management or not, there is strong public desire for any initiative that would give the country a sense of hope and lift the present pall of economic and weather-related gloom. It would have to be welcomed and from that perspective it is appropriate that cynicism be suspended and the Fine Gael-Labour coalition given the benefit of the doubt.

In a refreshing example of political honesty, Enterprise Minister Richard Bruton has admitted that “absolutely the unemployment rate is far too high”. Conceding that considerable groundwork is needed to change the unemployment landscape, he cited the securing of 5,000 hi-tech and science-oriented jobs by the IDA as proof this was happening.

Having promised much but delivered little, the Government has everything to prove. Thousands of jobless people are hoping against hope that this administration is capable of delivering jobs.

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