Mr. Speaker, I know the member works hard in the House, but with all due respect, it is difficult to hear him and his party continually support these policies. The current tax cuts have basically been led by the Leader of the Opposition from day one. In fact, he called for deeper tax cuts.
Let me explain the difficulty the NDP has with regard to the current system and how the economy is hurt by this. Let me use as an example the auto sector versus the oil and gas sector, which already makes record profits. These tax cuts are going to give the oil and gas sector record windfalls.
A tax cut will not do any good to a tool and dye mould-maker in the manufacturing sector that is losing money. Companies cannot invest in new technology and new resources so they can compete. They wither on the vine, and that has been happening.
This is why the economics sector is saying this is nuts. The sector is saying this does not make any sense. Why should the banks and the oil and gas companies continue to get record windfalls at the expense of working Canadians?