Is mortgage interest relief a really bad idea?
Inside Business with Ciaran Hancock
00:00
The Dangers of a Surplus in the Economy
Government under pressure from Sinn Fein, which is riding high in the polls. There are a lot of pressure to spend that excess capital and help people with their mortgages. I think that any surplus like that should be used to pay down our very large national debt. We bailed out the depositors of the banks and that costs a lot of money. And we have run up very high. But my point is that if you are spending money, spend it wisely. Give it to people who need it and don't give it to those who don't need it.
Play episode from 04:00
Transcript
