To give a very brief answer, it was disastrous. I think it was the biggest net cut in social programming in post-war Canadian history that flowed from that.
If I may say so, being as objective and as non-partisan as I can be in this—but it's a judgment—if you look at what Mr. Clinton did in the same period in dealing with deficit problems, did he have massive cuts in social programming in the U.S.? No. Do you know what he did? He stimulated growth in the economy. He said the real way out of this was to get more jobs, on the one hand, and he increased taxes on the rich, by the way.
Very soon the American economy was taking off, and broadly speaking, the Canadian economy started to take off too, because such a high percentage of what we produce is exported to the U.S. market.