'I don't know' -- Gerry exposed again for lack of basic economic knowledge
Published 27/01/2011 | 05:00
Gerry Adams was exposed again yesterday for his lack of basic economic knowledge as he continued to damage his party's credibility.
Mr Adams didn't know the impact of the cuts on child benefit or the VAT rate.
The latest gaffe came a day after he managed to create a €14bn black hole in the Sinn Fein economic plans by failing to say where the party would get the money from to run the country this year, as he proposed to abandon the EU-IMF bailout.
Mr Adams was caught out again yesterday when didn't know how much child benefit was being cut by this year.
"The cut in child benefit across social welfare if Fine Gael have their way will be €18 right across all of that.
"Everybody that's earning less than, ah, around 80pc is going to be hit by this new charge that they have ah brought in," he said.
When asked by the BBC if he knew what child benefit was at present, he replied: "No I don't, no".
Turning to VAT, Mr Adams was asked what it will increase by.
"Well, ah, we don't know that yet because it's all . . ." he said.
Asked again if he knew the present VAT rate, he replied: "I don't, no".