Mr. Robert Watt:

I did not say that. Spending cannot keep increasing at the rate we have seen unless the economy grows at 4% or 5% as it has been. Given that we are now running out of labour since we are fully employed, and we are seeing all of the consequences of growth, the economy can only grow in future then at maybe 2% or 3%. Spending will have to grow at a lower rate in the future.