‘We spent too much and taxed too little’ admits new FF leader

NEW leader of Fianna Fail, Deputy Micheal Martin, has acknowledged that Fianna Fail did “spend too much and did erode our tax base too much” during the boom years of the Celtic Tiger.

NEW leader of Fianna Fail, Deputy Micheal Martin, has acknowledged that Fianna Fail did “spend too much and did erode our tax base too much” during the boom years of the Celtic Tiger.

Speaking at the party’s Sligo/North Leitrim Convention in Sligo town on Thursday night last, Deputy Martin said there was “consensus with all the parties to tax less and spend more” and said that Fianna Fail’s mistake was that it did not “stand up to that consensus”.

He accepted that “any politician that does not discuss a banking system until it collapsed - that is a failure” and said that it was clear that major reform of the political system, of the Dail and the Seanad in particular, was needed along with reform of the public service.

“There has been a system failure, we recognise that. What we are about now is putting that right and ensuring it won’t happen again,” he said, acknowledging the pain that the Irish people were now suffering.

However he said he believed Fianna Fail still had a positive role to play in the future of the country.

“In the coming weeks we will have the most important General Election in our history,” he said.

“This election will not just be about the future of the country, it is also about the future of Fianna Fail.”