Unions must represent people bearing brunt of austerity
The exchequer deficit in Ireland was €1.6 billion at the beginning of 2008. The exchequer deficit at the start of 2013 was €15 billion. Over the corresponding five years from 2008-2012 inclusive, the total 'savings' by way of public sector pay cutbacks, public spending cutbacks and tax increases amounts to €24.4 billion. By Dr. Tom O'Connor of Cork Institute of Technology