Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-02-15-Speech-4-243"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2001-02-15"^^xsd:date2
dcterms:Is Part Of	lp_eu:Stability plans in Ireland and France2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20010215.11.4-243"2
lpv:hasSubsequent	lp_eu:2001-02-15-Speech-4-2442
lpv:speaker	lp:Pat Cox2
lpv:spoken text	"Madam President, the Commissioner finished his speech by saying that consequences can be drawn from this case. I agree, which precisely raises the question: "Why bother?" I accept that, as a Commission, you have the right to do what you did. As Guardian of the Treaty, you have the duty to act, if you believe that is correct. I accept that Ecofin endorsed the judgment of the Commission. The Irish Government too has a right and duty to defend its policy preferences, where it feels it is right to do so. I do not question your right, Commissioner, to do what you did, but I question your judgment. I believe it was the wrong judgment in the context of such an important precedent-setting example. I believe the Irish response was the wrong response because it was too petulant. I believe both the Commission and the Irish response to the Commission's recommendation lacked proportionality. Two wrongs do not make a right. In the grey economic space, the budget was inflationary, but, on the supply side, the tax change will bring greater participation in a stretched labour force. The tax change will lower wage expectations and therefore inflationary expectations. The capital expenditure will get rid of infrastructural bottlenecks; the case is at best a grey case."@en1
lpv:spokenAs	chair; ELDR (1999-07-20--2002-01-14)3 unknown; Independent (1999-07-20--2004-07-19)3 member; Conference of Presidents (1999-07-20--2002-01-14)3
lpv:unclassifiedMetadata	"Cox (ELDR )."1 "not that many"1

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