Saturday 10 December 2016

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.

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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?

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