Fianna Fail outline economy and Brexit policies

The transcript discusses the importance of fiscal responsibility, emphasizing the need for a financial buffer to handle economic downturns without resorting to tax hikes or service cuts. It criticizes the government's handling of the insurance crisis, highlighting the lack of cabinet involvement and the need for reforms. The potential for judicial reforms and referendums to address award levels is explored, with a call for more stability and certainty. The issue of insurance fraud is also examined, noting the lack of data on convictions and the need for stronger penalties.

Why is it important to avoid making permanent expenditure commitments based on temporary taxes?

• To promote international trade

• To reduce the fiscal buffer

• To ensure long-term economic stability

• To increase government revenue

What has been the government's approach to the insurance crisis according to the speaker?

• Centered on reducing business regulations

• Focused on increasing taxes

• Completely hands-off

• Proactive and hands-on

What potential solution is mentioned for addressing the issue of insurance awards?

• Reducing business taxes

• Holding a referendum

• Increasing insurance premiums

• Implementing new trade policies

What is a significant issue in the insurance sector that lacks sufficient data?

• Types of insurance policies

• Insurance premium rates

• Insurance fraud convictions

• Number of insurance companies

What is the role of the Law Reform Commission in the context of insurance?

• To promote international insurance policies

• To reduce the number of insurance companies

• To provide public consultation on insurance options

• To increase insurance premiums