Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

Okay, coming back to the earlier question I had to you this ... with regard to Mr. Wright's report, where he talks about the cyclical nature of the budgets and that the surpluses were very much based on cyclical expenditure. Was this the culmination of that budget strategy, that from 2004 onwards, the surpluses were going to be based upon extraordinary cyclical measures, particularly those related with the property market, and that what is called 'the real economy' was no longer going to be able to sustain the expenditure that the Department of Finance would require?