From boom to bust living in a Wonderbra
We are all in this together? It's now as it always was -- every man, woman, child, dog, cat, cow, 'X Factor' contestant, and 'Big Brother' hopeful for themselves.
The Government is trying to encourage people to spend more freely. Don't be so foolish.
Now is the time to spend wisely, spend frugally. Everyone should be amassing a secret, private savings stash.
I believe women of a certain age call this 'running-away' money.
We will get through this? No we won't. You might, I will, some already have, some have not got a hope, some never had a hope. For many, it will depend on how long it lasts and how their luck runs.
The Government is cutting all "non-essential spending" using a household budget analogy to justify this foolish pursuit.
When households are heavily in debt, do they go on foreign travel?
Household budgets and government budgets have nothing in common. Those who think they do have clearly not studied the game of cricket, or is it economics?
Household budgets do need to cut out all non-essential spending.
Professionally, I can advise that the following are as beneficial to your well-being as lighting candles: vitamin supplements, pain-reducing magnets or magical healing, etc.
Firstly, if you find yourself thinking all the time of trying to solve all of your lifetime's financial problems in one clean cut, just run those thoughts off.
Problems untangle over time. Learn to live with them and they will solve themselves eventually.
It seems that personal debt has replaced God as the oppressive force that keeps people in line.
Those who do not pay their debts will go straight to . . . those who do not pay their debts will be shunned by . . . those who do not pay their debts will . . . well, something really bad will happen -- bombs will go off everywhere.
As for those who do diligently pay their debts, while they won't experience any pleasure in this life, they will inherit the kingdom of other people's debt.
Where did it all go wrong?
A great, non-Nobel-winning economist told us we were living in a Wonderbra -- pushed up and into the middle.
The great thing about Wonderbras is that they perk up your confidence.
I, however, wanted more.
I wanted implants, and now they are defective and leaking but I don't want to deflate.
They will explode if I go on an aeroplane. I know, I thought that was only a myth as well.
Looks like Bertie's boom times did get "boomier" after all.
Jack Hester
Address with editor
Irish Independent
