It is shameful. The phrase economists use is opportunity cost. Most Canadians reflecting on it would call it a damnable shame.
The truly sad thing is that unless the budget is balanced, we could eventually spend 50 cents or more of every tax dollar on debt interest. Think of that one. We are still heading in that direction. As the accumulated debt grows so does the amount of interest Canadians must pay to service that debt.
In closing, I urge my colleagues to vote against the government's budget for 1996. Beyond that, I say through you, Mr. Speaker, to all Canadians: When filing your income tax return this year, and people will be doing that in the next six weeks, do not forget to note how much of your hard earned money the Liberal government is going to spend on servicing the debt and the next time you are at the polls, vote against the Liberal government's destructive fiscal policy.