Sunday 11 December 2016

Brendan Keenan: Buy rather than die for your country

As the Budget looms, Michael Noonan might be wise to take an optimistic view of 2012, spurring on consumers

Published 02/10/2011 | 05:00

'MR Herbert Hoover says it's time to buy." So runs my favourite song from the Great Depression of the Thirties, with the songwriter adding: "So let's have another cup of coffee, and we'll have another piece of pie."

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In a battle against recession/depression, the consumers are the poor bloody infantry, expected to do their duty by going over the top and buying.

It seems a strange business, especially with memories of the bubble so fresh, that sacrifice should consist of heading for the shops and spending whatever you've got.

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