Sinn Féin have sound plan for economy

NIALL GINTY’S letter on Sinn Féin’s economic policy clearly demonstrates one thing, that he knows nothing about Sinn Féin’s economic policy (7/12/10).

In our pre-budget submission, we outlined a deficit reduction and economic stimulus package that would reduce the states borrowing requirement by €4.5bn in 2011 while investing €7bn from the National Pension Reserve Fund over three years and a half years to create jobs including 100,000 jobs in 2011.

The fully costed proposals outlined how this could be done without cutting social welfare or funding for vital front line public services while at the same time reducing the deficit to 3% of GDP by 2016. Contrary to Niall Ginity’s letter Sinn Féin has a very firm grip on the harsh reality being imposed on ordinary people by the government.