As Sligo\North Leitrim Sinn Féin launched their No campaign, local TD Michael Colreavy has accused the parties calling for a Yes vote, “of scare mongering because there are no credible arguments in favour of the austerity treaty.”
Deputy Colreavy was speaking at a public meeting to launch the campaign in Sligo last Thursday April 27th.
He said, ‘‘We have already seen and experienced the damage to the Irish economy and the hardship for citizens caused by the failed policies of bank bailouts and crippling austerity, supported by Fine Gael, Labour and Fianna Fáil. There are countless examples of the cuts and there devastating impacts evident here in our own constituency, from the cuts to the budget of Cregg House, the continuing closure of beds in Sligo general hospital, the cuts in the carers allowance, which is bordering on sinful, and these are just the tip of the iceberg.
“This treaty means at least a decade more of austerity and economic stagnation with even greater levels of unemployment, emigration, poverty and inequality such as the cuts I have already talked to you about. National and household debt, already at unsustainable levels, will increase. And crucially the arbitrary and draconian 0.5% deficit target will more than likely not be reached. Meanwhile billions of euros of taxpayers money continues to be pumped into Anglo Irish Bank”
Addressing the packed hall Cavan Senator Kathryn Reilly said “What this fiscal compact means in real terms is that were the referendum passed it will seriously undermine Irish sovereignty and Irish democracy by enshrining the policies of austerity into our constitution and our laws forever. They are asking us to say yes to surrendering important Irish fiscal and budgetary matters to un-elected and unaccountable EU officials. It would also mean that our domestic economy would remain in recession and that we would see even more people out of work. Vital funding for frontline health, education and community services is being cut even further in a bid to reach a structural deficit of 0.5%. Given that our structural deficit is projected to be at 3.7% in 2015, it would take up to a further €6 billion in cuts and new taxes to reach the 0.5% target post 2015”
Director of Elections Councillor Chris MacManus, “invited others locally opposed to the Treaty to assist Sinn Féin in the forthcoming campaign.”
Speaking after the meeting Deputy Colreavy said that “Sinn Féin is the only party in the constituency opposed to austerity and we are the only party opposing the Austerity Treaty. The Yes side has no arguments except scare mongering because there are no credible arguments in favour of the treaty. On May 31st let’s stand up for ourselves and for our families. Let’s stand up for each other. Let’s stand up for Ireland. Let us deliver a resounding and overwhelming ‘No’.” ENDS