Saturday 3 December 2016

No, Mr Noonan, our debt is not sustainable

Published 09/07/2015 | 02:30

'By 'sustainable', the Finance Minister presumably means the debt is manageable and the country can afford the repayments this year'
'By 'sustainable', the Finance Minister presumably means the debt is manageable and the country can afford the repayments this year'

Michael Noonan says "our debt now is entirely sustainable" when he's asked if the Coalition will lobby for debt relief during the talks on Greece's future in the euro.

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By "sustainable", the Finance Minister presumably means the debt is manageable and the country can afford the repayments this year.

Tell that to the patient waiting on the hospital trolley, the single parent looking at a cut to their allowance or the shopkeeper hoping for a pick-up in their business, because many of these ordinary people will argue their position is not sustainable.

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