Michael Kennedy (Dublin North, Fianna Fail)

Statistics tell us that a total of €88 billion is on deposit in the banks and this does not include what might be lying under the mattress. If the prophets of gloom in this House were a little bit more responsible and were not spreading this daily doom and gloom, people might spend a little. If only 5% of the €88 billion was spent - €5 billion - we would achieve an income on VAT alone of €1 billion. I ask the Labour Party to talk positively about a change and not to go through the motions of putting people into further doom and gloom.

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