Mr. Speaker, anybody who follows the economy knows full well that the major problem of large industrial countries has been a perpetuation of the boom and the bust cycle. In order to avoid that, it is very clear the central banks have to act with a certain degree of lag time. That is what has happened.
If one wants to talk about government policies, let us take a look at the private sector. Since this government has taken office it has created over one million jobs. In this year alone there have been 260,000 jobs, the majority of them in the private sector.