Thank you.
My only thought is that we have a number of different people already providing forecasts, and I'm not sure another forecast would provide additional value.
My next area of focus is really getting back to balanced budgets. Certainly, people talk about things being very different from 2008 and the situation in Europe being very much a sovereign debt crisis. I think I'd like to clarify one piece in your report. On one hand you note that the likelihood of returning to budget balance is low for the next few years, but then you say, “...fiscal actions required to achieve sustainability do not need to be taken immediately” and can be “delayed until the economy has fully recovered”.
Am I right in saying that the low probability of returning to balance in the next few years, which you predict, may in fact be appropriate?