Exactly. We think the government should run a fiscal policy that is essentially counter-cyclical to the economic cycle. In good times you should be posting surpluses and preparing for a potential downturn. Then, when the economy goes into a recession, you have the funds available to support people who end up unemployed, or sectors that are facing challenges, rather than continuing to increase the deficit in a time of prosperity. We don't quite understand the logic behind the latter.
On May 9th, 2018. See this statement in context.