Marc MacSharry (Fianna Fail)
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Thank you very much and welcome, Mr. Cardiff, again. Just two very quick questions at the beginning which arise; we had John McCarthy in earlier from the Department of Finance and while it goes back perhaps to the evidence of the other day, he told me in questioning that his Department were vocal and consistent in their recommendation for counter-cyclical policies throughout the period. He said, right from 2001 up but ... that this, that's how he put it - circumstances always changed between the agreed budget strategy signed by the Minister and what happened later. Do you agree with that statement?