Mr. Speaker, it is not just me who acknowledges that deficits pour fuel on the inflationary fire. It is his own finance minister. In fact, she said that two weeks before she introduced her budget. What followed her budget was a spike in the inflation rate the Prime Minister had promised would only ever go down. What do you know? Dumping $60 billion of fuel on the inflationary fire actually makes prices go up.
Did the finance department calculate how much this extra $60 billion of inflationary spending would add to the consumer price index? How much?