Two central principles which are simple to understand, even for someone who is not an economic guru like Senators Ross and Quinn, should be borne in mind. We have to cut the flab while continuing to invest in infrastructure. I do not think the Luas is going to do very much to ease the problems in Dublin and the port tunnel seems to have certain technical difficulties. The initial procedures for the construction of an underground railway must be commenced as soon as possible. Traffic in this city is always in a state of gridlock and it is only going to get worse. As surface methods of public transport cannot and will not be able to deal with the traffic problems, we have to "think big" and proceed with large projects. Unfortunately, certain prestige projects like what has been called, in a slightly cheap shot, the Bertie bowl will have to be scrapped. I wish we had the opportunity to promote such ventures, but we do not. We have to invest in projects that will improve the overall standard of our infrastructure.