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Poll: Should we take Michael Noonan's advice and spend spend spend?

The Finance Minister wants Irish people to loosen the pursestrings to get the economy moving. Will you be breaking out your savings (if you have some)?
Jun 24th 2011, 9:37 AM 3,485 68

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?

Poll Results:

I don't have money to spend OR save (536)
Yes - if you have it, spend it (335)
No - we've never needed our savings more (292)

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Susan Daly


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