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Varadkar tells Irish public the worst of the recession is over

Bizarre claim from Minister as colleagues warn of draconian budget


Minister Leo Veradkar
Minister Leo Veradkar
Photo by Google Images

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An Irish government Minister has bizarrely claimed that the worst of the recession is over – as taxpayers fear even more draconian cuts in December’s budget.

Transport Minister Leo Varadkar made the claim on the same day that government leader Enda Kenny warned that the reduction in the cost of Ireland’s bail-out won’t ease the burden on taxpayers.

Kenny has repeated earlier warnings of a severe budget in December with four billion Euro worth of cuts needed as his government looks to cut the national deficit under the conditions of the EU-IMF bail-out.

But Kenny’s Fine Gael colleague Varadkar has tried to tell voters that there is now ‘light at the end of the tunnel’ despite the doom and gloom of those living through the worst recession in Ireland’s history.

Varadkar insisted on Irish television that Ireland’s future is bright and the new EU bailout deal for Greece, which triggered an interest rate cut for Irish debt, will make a huge difference to the economy.

“For the first time in three years I’m starting to see the light at the end of the tunnel,” claimed Varadkar in almost Fianna Fail-esque tones reminiscent of Bertie Ahern, Brian Cowen and Brian Lenihan in their Celtic Tiger heyday.

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Despite all the evidence to the contrary, Dublin deputy Varadkar insisted: “The economy will return to growth this year, all be it very slow growth. And the cost of the bank bailout appears to be falling.

“Instead of getting worse every month, we are starting to see things bottom out or even get a bit better. Things are actually going in the right direction for us.”


Nster.com


5 Comments

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Proof once again that the elected lose all touch with reality when they enter Leinster House. Ireland is in a depression, not a recession minister. The country is bankrupt and our debt is rated as 'junk.' The only thing that could get worse is if the multinationals who are the lifeblood of the country leave, as some are apt to do as labour costs are cheaper in China and Poland and Israel matches our corporate tax rates. Varadkar's portfolio is transportation not finance and he should stick to it. Really, elected politicians are absolute gob-sh*tes.
Do you think also he believes in the tooth fairy the Easter Bunny and Sanity Clause...or maybe this is just the party line...tell it to de boids...!
Ahhhhh the same idiot who said "Not another red cent for the Banks" - then went ahead and poured in a few more billion. The only light he sees at the end of the tunnel is another train coming towards him, but he's too thick to know the difference.
U.S.A. gov't has been telling us for almost a year that the economy was picking up and jobs were up and unemployment down. Well surprise, surprise, surprise....why are we in danger of not being able to pay our debts??? It is just a political ploy that is practiced by all gov'ts.
As if an Irish Doctor / Politician knows anything about and Irish Economy that went into recession over a decade ago.
 




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