Well, I think if we'd had Jeremy Corbyn and John McDonnell elected in 2017, I don't think there's anybody in this room who doesn't think we'd have a radically different budget.

The block grant from the Tories in Westminster is inadequate. As the year progresses, I expect the Conservatives to call for more money for health, more money for education and to oppose any cutbacks that are being forced upon local authorities by the reduction in their block grants, whilst facing increasing need for social care and children's services. Austerity has failed as an economic policy. It's always failed as an economic policy. It's been tried many times; it's failed every time.

We talk about history—Neil Hamilton was. Let's talk about what happened in Chile when we had the extreme right-wing Government there. What did they do? They followed the Chicago school. They did exactly what they said in terms of cutting back and they took their economy to the brink of extinction. It's an ideology to shrink the state sector, reduce public expenditure, reduce public services and make people who can financially afford it use the private sector.

Again, we don't distinguish between capital and revenue. Capital expenditure is good. It's good for the economy, and it's what people do in their own lives. That's one of the issues that we used to have Margaret Thatcher telling us about: you have to run the economy like a housewife. Well, people do: they borrow for cars, they borrow for their mortgages on money they can afford to pay back. Why we have not got, as a Welsh Government, the same powers that exist with every local authority in Britain, including Rutland, to borrow prudentially—. Our limit is set by the Chancellor. The rules we work under are more severe than those of any local authority in England, Wales or Scotland.

I think that we need additional money. The health service needs additional money. But it keeps on having additional money and because we don't have additional money into the system—. Michael Trickey of the Public Policy Institute for Wales recently identified when it will get to 60 per cent of the total expenditure in Wales. I asked him if he'd tell us when it would be 100 per cent. He didn't, but it's sometime around about 2050. 

More people in hospital is treated as a sign of success. We need to reduce demand. We need to promote positive lifestyle choices: no smoking, increased exercise, reduced obesity levels and drug taking. We also need to improve housing quality, improve diet and increase social care. That will help. I'll just take one thing like type 2 diabetes, where one of the major causes is being overweight or obese. We need a campaign driven by primary care professionals to actually try and get people, if they've got type 2 diabetes, to go on a diet in order that they can get their weight down and stop having it.

Finally I'd like to highlight just one thing: Natural Resources Wales—is it adequately funded? Is it funded enough to be able to carry out all the functions it's being asked to? If it isn't, then we have two choices: give it more money or ask it to do less.