A hard battle to create jobs [sbpost.ie]

Government ministers’ recent statements are an exercise in toning down impressions that the jobs initiative could prove a silver bullet for a besieged economy

First it was a jobs budget, then it was downgraded to an ‘initiative’. Last week the government took one further step to temper public expectation of its package of job creation measures.

Having run a general election campaign that talked up a stimulus to kick-start recovery, Fine Gael was engaged in a process of toning down impressions that it could prove a silver bullet for a besieged economy.

Repeating the caveat that the stimulus would be ‘‘fiscally neutral’’, Taoiseach Enda Kenny told the Dáil that it would not sort out Ireland’s unemployment problems overnight.

‘‘I would love to be in a position to reel out to the nation the benefit of what could be spent of the €3 billion. . . to the banks for each of the next ten years, he said, ‘‘but that is the situation we are in."

 

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