Ever heard of an economist call John Maynard Keynes?

During the Great Depression he put forward the idea that during recessions Governments should go into DEBT to maintain JOBS that would otherwise be lost - that was the basic idea behind the deficit spending during the GFC.

Keynes postulated that deficit spending should be phased out as the Government came back to balance as the debt  was buying only  growth forward, and that further deficit  spending would merely reduce future Job creation - see the collapse in Canadian employment as we had to pay down Trudeau Père's debts as an example.

The current Government is justifying their deficit spending on the grounds that it is a Keynesian stimulus, even though Keynes warned against it.

Ceteris Paribus, an artificial stimulus raises imports and increases the trade deficit.

Q.E.D

Sorry you had to wait