Well, let me try to assist the Member in his confusion and lift him from his despair. First of all, I thank him for his acknowledgement of the consistency that exists between the two documents that he’s referred to. They’re meant to be consistent. They’re meant to illustrate a common direction.

Now, the first thing that he referred to was, he described, appallingly poor economic performance—not so. He also said that, effectively, for the last 50 years, economic strategy had been the same—again, not so. Because I well remember in the 1990s—the late 1980s and the 1990s—the Government of the day decided that the way to, as they saw it, relieve unemployment in Wales was to reduce employment in well-paid jobs like steel and coal and replace them with badly paid jobs in unskilled sectors. That’s when our GDP started to slide, because, although unemployment seemed to be lower or getting lower, people’s wage rates were getting lower as well. We’ve rejected that. We don’t accept that Wales’s economic model is based on being the lowest-wage economy in western Europe. That’s exactly what was happening in the late 1990s particularly. We made sure that we went after high quality investment. We have Wylfa B, we have Surf Snowdonia, we have Airbus, we have Raytheon, and Cardiff Airport—we saved that, that would have closed—Aston Martin, CGI; the list goes on. We have attracted investment into Wales at a skill level that would have been unthought of in the 1990s. In time, that will see the raising of GDHI, it will see more money into people’s pockets, and that is something that we are not going to change.

He expressed regret at a reliance on foreign direct investment. We’re not going to be an autarky, we understand that. Foreign direct investment will be hugely important for us in the future; the US is by far our biggest investor. Yes—though he didn’t make the point, I suspect he wanted to make this point—we want to make sure we encourage more young, local entrepreneurs. And we see there are more businesses in Wales now that are being set up and are successful than before. I meet with young people and they are encouraged in a way now that they never were many years ago, when I was the same age as them, and they do set up in business, they have the confidence to do it, they have the confidence to grow and to work with others. I see our universities, who for a long time didn’t work with business, they didn’t see it as part of their remit—. They now are able to work with their talented graduates and researchers to set up spin-off businesses, and we see them around Swansea and around Cardiff—not exclusively, but particularly there.

Of course, we need to make sure that we are flexible, and, yes, if it’s the case we’ve produced a number of economic plans over the years, I plead guilty to that; that’s because circumstances change. The biggest challenge that we faced was the crash of 2008. That was an enormous challenge for every single economy in the developing world. With ProAct and ReAct, we made sure (a) that people kept their jobs, and (b) they were trained whilst they were in those jobs. Otherwise, unemployment would have been a lot, lot higher. We work with our businesses in order to deliver the best for our people. Now, in time, of course, he’ll have the opportunity to look at the economic action plan. I’m sure he will joust and cross swords with the Cabinet Secretary. But when it comes to comparing Wales now to what Wales was like in the 1990s—a country with high unemployment, low prospects, very low wages, a deliberate policy to bring in low-skill, low-wage jobs—we’ve come a long way since then, and we intend to go a lot further.