Government talk of ‘toughest budget yet’ undermines consumer confidence

The Government is undermining consumer confidence by consistently peddling the line that the upcoming budget will be the toughest one yet.

“Throughout my professional life, I have heard that every budget is going to be the hardest one yet and that was even during the good times,” said Ibec director general Danny McCoy.

“It is wrong to say this is going to be the hardest budget. The context is the economy is reflating because disposable income is increasing through the lower interest rate environment.”