8. Welsh Conservatives Debate: The Economy

Part of the debate – in the Senedd at 4:59 pm on 22 May 2019.

Alert me about debates like this

Photo of Lee Waters Lee Waters Labour 4:59, 22 May 2019

Thank you, Dirprwy Lywydd. I thank most Members for that cheery canter through the Welsh economic scene.

I think if we'd said to those in the Chamber this afternoon who were here 20 years ago that, 20 years on, rates of economic inactivity in Wales will be now broadly comparable with the rest of the UK, they'd have thought that a significant achievement. If we told them 20 years ago that we will have halved the proportion of working aged people with no qualifications in Wales, they'd have thought that a pretty good achievement. That we'd significantly increase the proportion of higher education qualifications and more active enterprises than ever before—I think they'd have settled for that too. That we have now, in 2019, 300,000 more people in jobs in Wales than there were 20 years ago—I think they'd have thought that a reasonable achievement.

But beneath those figures there remain difficulties and challenges in the Welsh economy—nobody is denying that. I certainly will not take lectures from anybody in this Chamber about a lack of ambition about that. But rather than the tired clichés of partisan point scoring, it'd be more useful if the time were spent in these debates, I think, to focus down on particular problems we have and try and get together to try and come up with solutions, because knockabout is all very well, but it's easy to do.

I particularly enjoyed Rhun ap Iorwerth quoting himself as a young journalist 20 years ago on how devolution will be judged by the success of the Welsh economy. I am far too modest to quote myself when I was a journalist on the performance—