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30 April, 2009

Editorials

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ESRI report must act as wake up call

THE publication yesterday of a report from the ESRI that projected that the 26 County economy would shrink by 9.2% confirms what most people already know - this Government is incapable of sorting out the economic crisis. Over the past 12 months 200,000 people have lost their jobs. The economy has gone from boom to bust in what seems like the blink of an eye. The fiscal crisis, which was created by dependency on the property market for revenue, has left the state in a very weak position to implement a recovery programme.

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