Mr. Speaker, I did not detect a question in that spew of nonsense coming from my hon. colleague but I will try to respond to what might have been a question.
In terms of competent management of the economy, I would remind the gentleman across the aisle that it is we, the Liberals, who inherited a $42 billion Conservative deficit, and it is we, who within a few years, fixed that deficit, turned it in to a surplus and for 10 years in a row paid down debt.
It is that party that inherited a magnificent $13 billion surplus from the previous Liberal government and proceeded, in the space of just over two years, to spend like crazy when times were good, thereby shrinking that $13 billion surplus to $1 billion or $2 billion, far less than the contingency reserve that Liberals maintained.
To spend like crazy when times are good is incompetent economic management in the extreme. It leaves nothing available to support the economy when times become bad, as we saw in the Statistics Canada report just this morning.