Reality tells us we can't accept Noonan sums
There's far too much uncertainty around for people to have confidence in what Noonan is telling us, writes Jody Corcoran
This time last year Michael Noonan accused the Government of "talking up the economy" -- and, as it turned out, that was precisely what it was doing.
You may remember the late Brian Lenihan at the time, irredeemably upbeat, exhorting us to spend to help the recovery on its way.
To make his point, Lenihan used to point to the apparently huge sums languishing in bank accounts around the country -- over €130bn, apparently.