People can't spend what they don't have
Published 25/06/2011 | 05:00
YESTERday's lead story where Michael Noonan encouraged us to go into the shops and 'spend, spend, spend' is really laughable.
Why has the spending decreased? Why have so many retail businesses vanished?
The lifeblood of the retail industry ie, disposable income, has been snatched from our pockets as a result of the penalties imposed on us to pay for the sins of those who ruined the economy. What are we to spend -- Monopoly money?