Well, let me think. We've had deficits in the last few years. We had a deficit of $56 billion in 2009, and we shrunk 2.5%. We had a deficit of $34 billion in 2010-11, and we grew 3.2%. Economies can grow with deficits. What you want to avoid is a buildup of debt that we will pass on to future generations and that will restrain capital spending. We've got to give our future governments room to manoeuvre.
