This afternoon I visited the local Westfield shopping uber-complex to finish up (okay, inch closer towards finishing up) the Christmas shopping. Even considering the season, and that there are now only sixteen shopping days until Christmas, it really did seem as though the place was just a little bit more nuts than usual.
Interestingly, the handouts started dropping into the accounts of punters today. While I am a little sceptical about the format and actual worth of the government’s stimulus package, its effects are in some respect already plain to be seen. Judging by some of the most popular Google terms that found their way to even this little blog over the last twenty-four hours, it does seem that there are a few excited people out there:
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I only hope that if there is a second round of stimulus measures next year, it is delivered by the Prime Minister rolling through towns in the back of an open-top car, throwing handfuls of banknotes out of bulging hessian sacks. For the moment at least, that is the image that sticks in mind for me in relation to the government’s response to the financial crisis.
Let’s just hope for the sake of the national economy and those who are really struggling that it goes someway towards delivering the goods. Of course, if the December 2008 consumer spending figures suggest otherwise (even allowing for the usual Xmas boost), the government might just have a bit to answer for in the new year.