221 Deputy Joe McHugh asked the Minister for Finance his views on the Keynesian 1936 precept that expectation of change affects consumer behaviour more than the change itself; to acknowledge in this context the affect of the 2009 McCarthy report on consumer spending in 2009; to acknowledge in this same context the affect on current consumer behaviour of the Government’s declared intention, Minister for Finance, 30 September 2010, to make a minimum €3 billion savings in budget 2011; if he will allay consumer fears and allow consumer spending to resume by immediately outlining the specific cuts that will be introduced or if he will allow consumer spending to suffer until the introduction of budget 2011; and if he will make a statement on the matter. [35901/10]

Summary

221 Deputy Joe McHugh asked the Minister for Finance his views on the Keynesian 1936 precept that expectation of change affects consumer behaviour more than the change itself; to acknowledge in this context the affect of the 2009 McCarthy report on consumer spending in 2009; to acknowledge in this same context the affect on current consumer behaviour of the Government’s declared intention, Minister for Finance, 30 September 2010, to make a minimum €3 billion savings in budget 2011; if he will allay consumer fears and allow consumer spending to resume by immediately outlining the specific cuts that will be introduced or if he will allow consumer spending to suffer until the introduction of budget 2011; and if he will make a statement on the matter. [35901/10]

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• Budget Submissions

  xml · EN · 12 October 2010

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