Mr. Speaker, I would to point to China and India as having incredible growth rates. I will not be preached at by him. I want to reinforce the notion that in the 1990s his government, under Prime Minister Brian Mulroney, created a financial crisis where the IMF almost had to come in and bail us out. It created a deficit of $43 billion, which, as a percentage of GDP, is even larger than it is today. It took a Liberal government to come in and bail the Conservatives out.
Let us look at what the economy looked like when the Conservatives inherited the government. They inherited a $14 billion surplus and a $3 billion contingency plan, which, of course, they squandered right away. They also announced that there would not be a deficit. They called deficits stupid.
Now we have evidence that they cannot even track the size of the deficit that they have created. They started with $13 billion. It went to $36 billion, then $50 billion and then $56 billion. Who knows where it is going to end up? It is a bouncing ball.