the never-never

the never-never
   a contract for hire purchase
   From the former ethic that you should never buy something for which you could not pay cash, because you would never be out of debt.
   Whence figurative adjectival use:
    Critics rebuked [the 1979 Irish budget] for raising expectations it could not satisfy, and for fostering a never never mentality among a public who now irritatedly refused to pay the price of profligacy. (J. J. Lee, 1989 — the budget proposed a 2% levy on farmers who, as a class, paid only 1% of their gross income in tax)

How not to say what you mean: A dictionary of euphemisms. . 2014.

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