Madam Speaker, I am not quite sure I fully understand the question from my colleague because I never said “clever austerity”. I just said that this is not the time to impose toxic austerity. This is not the time to cut government spending blindly and hope that the invisible hand will somehow address the structural issues we are facing, which are very serious. The invisible hand does not always work and will not work in the midst of a serious shock, which we are now living with.
In the House of Commons on November 27th, 2025. See this statement in context.