Basically what I hear you saying is that pensioners wouldn't receive the pensions that we believe they should receive to keep up with the cost of living. Those who lose their jobs wouldn't have the EI benefits that they need to keep up with the cost of living.
The alternative to doing that would be to have taxpayers fund that, which means the very people who are suffering—those pensioners and those people who lost their jobs—in part would have to pay the taxes necessary to fund it.
Is that basically what you're saying?