Pearse Doherty (Donegal, Sinn Fein)
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The witness can correct me if I have picked him up the wrong way. We know that the budget 2017 assessment is broadly complaint in the view of the Commission. When we look deeper into that, the Commission's view is that the country is showing indications of overheating. However, that does not necessarily mean that the country stops spending. What it does mean is that it needs to spend in different ways. Instead of cyclical year-on-year increases in expenditure or tax cuts, what should happen is investment in the long term, for example, capital investment in roads, housing, health centres and hospitals. Is that what the Commission is saying?