Mr. Charlie McCreevy:

So, therefore, I think our biggest thing that we done was to keep the economy moving, giving everybody a chance. By the way, there seems to be a body of opinion that seems to suggest, well, maybe we shouldn't have got unemployment down to 4%, maybe the safer rate for the economy was 6%, 7% or 8%. Maybe it was done too quickly. Well, I don't subscribe to that at all. So you're going to tell the ... the people that have that theory seem to advocate that Joe Smith, "Well, Joe, you should stay there - you're unemployed and stay unemployed." And "Mary Jones, you don't have to go to work, you stay in the home and don't come out to work, you could bury income," whatever the case may be. And we'll keep you at that level, 8% unemployment - that's better for the economy, because some whizz kid economist or some theoretician belonging to some think tanks-----