Mr. Speaker, the NDP's economic policy is not a matter of theory anymore. It is not a matter of promises. It is a matter of real-time existing case studies. NDP governments exist more or less in Greece, Portugal and across Europe. Nine euro currency countries follow NDP policies and they have now been downgraded. Greece and Portugal have now junk status government debt. Their government debts are 1.5 times the size of the entire economy. That is the result of NDP tax-and-spend policies.
The only criticism that the leader of the NDP has had for the eurozone debtor nations is that he believes they are not spending and borrowing enough. He said that a week ago today. We on this side of the House of Commons reject that failed model. We support the Canadian way, a low-cost government, a free people, a shared destiny and a brighter future.