Social Democrats Louth Issue 1 Volume 1 | Page 9

National Employment Agency While the National Housing Agency will deal with housing individuals and families, the National Employment Agency (NEA) will work with Enterprise Ireland to create community enterprises in cities, towns, and villages across the country. It will be the task of the National Employment Agency to encourage the self- employed, small businesses, and cooperatives to create socially strong and economically resilient communities. National State Bank Now more than ever before the Irish people need a stable banking system that they can rely on. Since the great financial crisis of 2008 both Fianna Fáil- and Fine Gael-led governments have pushed austerity onto the poor and vulnerable so that they could protect the wealthier classes. The financial sector of the economy has caused the greatest expense to the Irish people, and yet the system itself has been forcing families out of their homes, reduced more families to rental-poverty, and raked in large profits at the same time. The NSB would be given a ‘community purpose’ status, and therefore its priority would be to develop local communities across the country, working with the National Housing Agency and the National Employment Agency to identify community needs for development and growth. The State Bank will be a non-profit organisation that focuses on providing funds and security to a community banking network. Any interest charged will be kept at 2% or lower (as agreed with the A vibrant and expanded community banking sector is a crucial part of reinvigorating business in the regions. The government has for too long ignored the potential of the credit union and post office sector. If it doesn’t do something quickly, these vital institutions could wither away. Roisin Shortall TD