Wednesday 26 April 2017

Danger of style over substance

IT was generally accepted that the Government's presentation of its Infrastructure Investment Priorities plan on Monday was a triumph of style over substance. Considering the economic climate, the promise that even a €39bn investment would generate some 300,000 jobs had to be regarded as aspirational.

Now it appears that even the substance of the plan, already diminished from an original €75bn commitment, may have been even less than we thought.

It appears that €1.6bn to be spent on building hospital infrastructure, thus generating jobs, includes some projects that have already been completed. Were these among the projects that the Taoiseach hopes will create 30,000 construction jobs? And, if so, how many other phantoms are among the 270,000 jobs that the Government expects to generate over the next six years?

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