July Stimulus must put money in pockets
Speaking about Labour’s five tests for the Government’s July Stimulus, spokesperson on Social Protection, Seán Sherlock TD said that the stimulus must put money in the pockets of low income households as we know that money will be well spent, and spent locally.
Deputy Sherlock said:
“Labour’s five tests will determine whether or not the Government is serious about changing our economy for the better following COVID-19. That includes reducing economic inequality. We know that the unemployment caused by COVID-19 will increase poverty and hardship, and the Government must take strong action to reverse this.
“Labour has called for €10 per week to be added to all core social welfare payments in the July Stimulus. These payments have fallen behind the cost of living and now is the time to close that gap. There was no increase in social welfare payments in last year’s budget.
“We need people to spend locally to support businesses that are on the edge due to COVID-19, and we know that low income households are most likely to spend their money on essential goods and services in their local area.
“Labour has also called for investment in the public services like schools, health centres and public transport, which are essential to reduce inequality and to provide everyone with a decent standard of living.”