During his first months in power Trudeau wanted to believe that we are a rich country and can afford OAS at 65, generous sick day policies for civil servants, generous child care cheques and more refugees among other spending initiatives.  My reaction was that we would have to wait for some adults to get spending back under control. Now we see the Liberals have run out of money for medical needs and will stick with Harper's plans for constraint. Is Trudeau suddenly aware that money is limited and we need to choose priorities?

When you read in this report how sensitive the projections are to .25% in spending growth or tiny changes in GDP growth you appreciate how those "small" spending programs can make a big difference.

I am not overly concerned about deficits for infrastructure because the next generation will inherit the infrastructure as well as the debt. Chronic deficits for day to day needs are the problem.