When you look at the fiscal balance track, whether you look at the PBO numbers or the government's numbers, you could take the balance track in our case, sir--you were talking about a $40 billion deficit estimate for 2010-11 falling to $11 billion in 2015-16. We can break out what we think is deemed to be cyclical and what is deemed to be structural. What we're saying, roughly, is we're in the neighbourhood right now--
On November 3rd, 2010. See this statement in context.