Absolutely. We said that a substantial tax cut has had some effects. Four years ago, it was around $40 billion per year. At the moment, it is roughly $30 billion per year. There are two reasons for that.
When we look at this period of time, we are talking about a generally much more reliable economy in a macroeconomic context. In addition, as you said, there are more structural issues in connection with some specific sectors of the economy. We noticed a significant reduction in the capacity of our manufacturing sector.