Mr. Speaker, it is a negative spiral. They work together, unfortunately. As there is more debt, it reduces the amount of economic growth. It is taking money out of the economy.
The reality is, as that debt reduces the growth, it then reduces the amount of revenue. It gets to a negative spiral. This is exactly what Brian Mulroney had to deal with in the mid-eighties when he took over from Pierre Elliott Trudeau.
It is a two-sided solution. We need to get the economy growing, and we need to reduce the debt so that Canadians could have a reasonable shot at prosperity.