Mr. Speaker, the hon. member outlined a whole litany of problems with this budget, but let us look at the macroeconomic indicators of this nation. I know there are always improvements to be made. We have to deal with the problems and never let our guard down.
Let us look at the situations that are generally good. We have strong employment growth which is the highest in the G-7. We have the fastest growth in standard of living in the G-7. We have good, steady, consistent GDP growth, low interest rates and extremely low inflation rates. There has been an extreme reduction in the debt to GDP ratio over the last eight or nine years.
We have had eight consecutive surplus budgets, the only country in the G-7 to be in a surplus position, and we have paid down about $65 billion on the debt over the last nine years. When we compare that to what happened during the Conservative government, it is almost the opposite.
If things are as bad as he says they are, why are all the macroeconomic indicators, which are the only indicators we have, pointing in the opposite direction?