Fine, huge differences. My point is that we don't (and shouldn't) want our governments to pile up large debts forever. Up until the mid-90's, Ottawa was paying over 40 cents of every tax dollar just to service our federal debt ( I believe it's in the 20's today). What a waste of resources. If the budget had never been balanced, today we'd be in the same boat as those European countries. And who said anything about lower spending? While that's a short-term option, there are also spending freezes, slowing the growth of spending, and tax increases.
And throwing around those terms, you are obviously under the impression that I'm a Rob Ford supporter. I'm not.