FINANCE MINISTER MICHAEL Noonan has been suggesting that the way out of this recession is for the public to dig deep… into their savings.
He said that he wanted those who have money in savings accounts should “return to normal shopping habits” to give the economy a kickstart. According to the Central Statistics Office, “personal consumption” of goods and services were down in 2010 when compared to 2009.
Do you think Michael Noonan is right? Should we dig into our savings to get the economy going?
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