DCTU

Dublin Council of Trade Unions

Reason 16: We’re a Low-Low Spend Economy

Despite the rhetoric of Government Ministers, right-wing commentators and business interests, Ireland does not spend too much.  We’re a low-low spend economy compared to our EU partners.

We spend well below the average of other EU-15 countries.  And that’s when we exclude interest payments and expenditure on old age (because Ireland has a much smaller elderly population all other EU countries).  We spend so little that:

  • To reach the average other EU-15 countries we’d have to spend €10 billion more a year
  • To reach the average of other EU-15 countries not in bailout we’d have to spend €16 billion more a year
  • And to reach the average of countries with economies similar to our own, we’d have to spend an incredible €27 billion more a year

The Government is down-sizing an already diminished public sector.

Why should we march?  Because we need to stop cutting and start growing.  And start spending to help us grow.

Download a PDF of this post here.

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