Anti-water charges campaign slams “discredited” bankers advise on water charges

Anti-water charges campaigners today hit back against calls for the introduction of the controversial household water tax.

Pat Lawlor, spokesperson for the We Won’t Pay Campaign criticised a report from the First Trust Bank which has called on the Assembly to impose water charges on households.

“The nerve of these well-heeled bankers and discredited economists is astonishing. To think that they feel they can advise anybody on what is good for the economy is bizarre.”

Mr Lawlor described author of the First Trust Banks Economic Outlook, Mike Smyth, as “a capitalist economist who has been completely discredited after predicting last September that the Northern Ireland economy would grow by 1% in 2009 when in fact it is now likely the economy will actually shrink by at least 3%.”

The We Won’t Pay Campaign said “Those sitting on the boards of banks want working class people to pay the price for the economic crisis which they have caused. In fact, by introducing water charges people will have less money to spend which will further exacerbate the recession.”

The We Won’t Pay Campaign is to re-launch it’s non-payment pledge to prepare for a mass non-payment campaign if the Assembly Executive introduces water charges.

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