Monday 18 March 2019

Treaty truths

• Before we entered the Common Market our budgets were balanced, since then (1973) our governments have been borrowing more and more -- even in the so-called boom years.

This, and bailing out the banks, has been responsible for us finding ourselves in our present situation. There was a deficit built into the euro from the beginning when, officially, governments were allowed to borrow 3pc of GDP.

So even from the beginning of the euro there was an in-built agenda to get us into the debt of the banks. The new treaty continues this pattern -- and there will be much more to come which will be to the detriment of our citizens.

David Kelly
Crumlin, Dublin 12

• I have worked as a business systems (finance) consultant to the SME sector for 30 years and would like to go on record opposing Chambers Ireland, who have called for a Yes vote in the referendum.

Domestic SMEs are in serious difficulty, many have closed and more are barely hanging on -- facing huge rates, rents and taxes with very little prospect of change.

I expect organisations such as Chambers Ireland to represent the interests of business in Ireland, sadly they do not.

The vast majority of domestic business owners I know feel utterly deserted by government policy -- they see the contrasting supports handed to foreign corporations and the funds wasted bailing out bondholders and other gamblers.

We do need a stable economy and the most sustainable aspect of that is the domestic one. The Chambers focus is around the policy to attract foreign direct investment (FDI).

Chambers constantly calls for "jobs and investment", it did it before and since the Lisbon referendums and it is still doing it. But does reality not matter?

Advocates of reliance on FDI should see that our economy is imploding and maybe they should question it -- the promises of Lisbon and this European project are false.

If they were a business with this policy they would go to the wall. FDI isn't working and jobs are being destroyed, especially the sustainable domestic ones.

Should Chambers Ireland not have a policy that supports domestic business as the priority?

Shouldn't it also have a policy to advocate the interests of the community in which we all do business, i.e. in the interest of the people?

Sadly, Chambers Ireland is out of touch with the needs of domestic business and ignores the needs of Irish citizens.

Needless to say, I am voting No.

Diarmaid O Cadhla
Cork city

Irish Independent

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