I strongly believe that a road map as to how the federal government is going to balance the books would be helpful from a business confidence point of view. I think there are concerns on the part of businesses when governments are running deficits. They aren't concerned about the fact a government runs deficits, if it's financially sound. They worry about the potential that down the road it could ultimately lead to higher taxes.
I still would argue that one way of improving business confidence is to lay out a road map, as to how to balance over a sensible length of time.
On the debt to GDP, very quickly, I think it tells you about fiscal capacity. As I said, in the current environment I support targeted fiscal stimulus. I just think the debt-to-GDP ratio is a poor fiscal anchor. It's the language and the focus that's used. That's why I think it's really important to lay out a plan and a trajectory that will get us back to balance over the medium term.