David Cullinane (Waterford, Sinn Fein)
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Okay. None of that answered my questions. However, it provided more clarity. I wish to break this down into layman's terms because it can bamboozle people who are not economists and who do not understand how it works. They hear terms such as "debt-to-GDP" and now there is GNI*. We use a host of measurements and we have to figure out which ones are the most accurate. We know for certain that, legally and in terms of implementing the fiscal rules, GDP and debt-to-GDP are used. GDP is, essentially, a measurement of all goods and services in the economy over a year in the State. Does GNI* strip out the multinationals?