Recursive construction for 3-regular expanders

We present an algorithm which inn ³ (logn)³ time constructs a 3-regular expander graph onn vertices. In each step we substitute a pair of edges of the graph by a new pair of edges so that the total number of cycles of lengths=clogn decreases (for some fixed absolute constantc). When we reach a local minimum in the number of cycles of lengths the graph is an expander.