Labour in Disneyland

Did anyone notice that the IMF intend to monitor the Irish economy very closely with three monthly stringent tests of performance before the next tranche of loan money is produced. This includes the path to €6 billion in cuts in 2011. Ireland is out of the bond market. If Labour contend that they are a party of government, they should read trhe contracts signed by Brain Lenihan and Patrick Honohan before making unbelieveable proposals. I quote below what they are claiming. They remind me of Finna Fail Lite unfortunately.

” Labour’s proposals for Budget 2011 demonstrate how budget consolidation can be combined with a strategy for growth and job creation. By making some €5.0 billion in adjustments, and by recycling €500m into job creation, a net adjustment of €4.5 million can be made, while at the same time promoting employment.”