Thank you so much to both witnesses for their great testimony.
Mr. Robson, I was particularly struck by the way you've illustrated through history how decisions made in the past, in the 1970s, led directly to the debt crisis of the mid-1990s. When Conservatives or other commentators talk about the concern for future generations, this is exactly the history you spoke of. I'll maybe give you a minute if you want to address that when we undertake decisions today in a certain environment of interest rates.
To be clear, we understand that we are in a crisis and support the spending measures that were necessary to get us through the crisis, but looking forward, if we don't deal with public finance, we risk doing exactly what the governments of the 1970s did, which would be to put the future generation at risk. Can you comment further on that?