Allow me to refer you to the wayback machine with special emphasis on the comments on this particular post. Then we zoom forward a mere nine months to discover that failure is predictable.
Finance Minister Jim Flaherty says the federal deficit will balloon to $50 billion this fiscal year, an increase of more than $16 billion from a January forecast.
It's believed to be the highest federal deficit ever.
Someone once said, "as it stands now, there is no deficit, and there won't be". That someone was, of course, an idiot.