7. 7. Welsh Conservatives Debate: Borrowing and the Economy

Part of the debate – in the Senedd at 4:49 pm on 10 May 2017.

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Photo of Adam Price Adam Price Plaid Cymru 4:49, 10 May 2017

European regional funds were always a tiny lever compared to the scale of the problem. We in this party and other progressives across the UK were continually making the case that we couldn’t just rely on a tiny proportion. The Conservative Party were arguing, of course, for cutting the budget for European regional development funds throughout this period.

Let’s look at the facts. This is not just a problem in the Valleys of the former coalfield. Look at Powys, an area that is represented by the Conservative Party—it has the lowest performance of any part of the UK in terms of productivity per head, 35 per cent below the UK average. He talks about ‘our nation’, I presume he means the United Kingdom, well, Powys, economically, is not in the same nation as the rest of the United Kingdom. [Interruption.] I won’t take another intervention; I think you’ve said enough, quite frankly. Look, in 2010, the Chancellor said this: he promised to rebalance the economy so that it generates local economic growth in all parts of the country. Instead of delivering on its promises, the Conservative-led administration delivered the opposite. And wasn’t that the pattern? Remember ‘vote blue, get green’? Remember ‘compassionate Conservatism’? You know, I can think of a few adjectives beginning with ‘c’ to describe this tory Government, but ‘compassionate’ certainly is not one of them. ‘Cruel’, ‘cold-hearted’, ‘callous’ seem a better fit to me for the party that gave us the bedroom tax, the rape clause and an epidemic of suicides among the sick and disabled victims of your so-called welfare reforms.

You know, some people project on this Prime Minister virtues that are Churchillian? I see more of Chamberlain—of expectations raised that cannot be delivered. Now, what none of us can do is predict what happens next. Will Brexit be a D-day, Dunkirk or Dardanelles—a glorious triumph, a heroic failure, or needless tragedy? None of us can predict that with certainty, but what we can say—the outcome of this election, sadly, at a UK level, is already clear. The Prime Minister will win, and she will have her reckless, destructive Brexit, come what may. But what happens next is in our hands. The battle for Britain may already be over. It’s the battle for Wales that is about to begin. A weak and divided Labour Party cannot defend Wales. We have to look to ourselves as a nation. We are our own best hope.