Mr. Greenspon, just out of curiosity.... I know you have written extensively about the 1990s—Paul Martin and Jean Chrétien and that era. I want to turn your attention to some of the similarities that might exist between Paul Martin's 1995 budget and what's happening now. The PBO projects that the federal debt likely will exceed a trillion dollars because of the crisis. We had the governor of the Bank of Canada here and the PBO saying they believe that interest rates are also going to rise. We see debt-to-GDP ratios rivalling what finance minister Martin was dealing with in the 1990s.
Do you think that Mr. Morneau will find himself in a position where he has to take some of the drastic austerity measures that Paul Martin had to take to get finances in order in the 1990s?