Eoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

Thank you, Chairman. Thank you, Mr. Cowen. Mr. Cowen, just about five minutes ago when speaking to the Chairman, and he was going through some graphs on the economic ... the economy, I suppose. No, no, it's okay. You said there was no budgetary strategy, no matter how prudent, that could have avoided the scale of the adjustment needed. Is that correct?