Mr. Speaker, I made it very clear at the meeting this morning that we were not going into deficit. There is an ample cushion to protect us against any kind of an eventuality. However I would simply like to quote an eminent economist who said the following:
Much more weight should be placed on...forecasts, over the two year budget horizon than over the five year planning horizon. Not only is there more immediate accountability, the economic and fiscal forecasts are much more reliable.
That is what he said. Interestingly enough this is by WEFA.