One of the many things that the governments of Israel have fought in the last 6–7 years is to have moved from having one of the highest debt ratios in the Western world to having one of the lowest. Now we moved from 100 percent to 75 percent debt to GDP ratio. The others moved from below 75 to 100.
So we have more room to run an expansionary fiscal policy if we absolutely have to do it, in a situation of unemployment and low growth. We don’t need to do that now.