Stephen Donnelly (Wicklow, Social Democrats)
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That is useful and I thank Mr. McCarthy. Is it, therefore, the case that a technical assumption is being made? The Commission is saying we are at full employment at 9% but we are saying we are at full employment at 5%. Were the Commission to accept Mr. McCarthy's view that the adjusted structural deficit would go down from -0.1%, which is what is in the SES, to approximately 0.4%-----