Tuesday 2 October 2007

Look on the bright side

Whose analysis of the Welsh economy is this?

"A very vibrant local labour market, boasting levels of unemployment and employment that are amongst the best witnessed for a generation."

And this?

"In any dynamic economy jobs are lost as well as created - what is important here in Wales is that we continue to create far more jobs than we lose. To focus only on the losses and company closures rather than on the new jobs and company expansions that are being created paints a false picture of the Welsh economy, and serves only to talk Wales down when in reality we continue to punch above our weight."

Yep, you've guessed it - that's the leader of Plaid Cymru talking in his new role as deputy First Minister. I've no idea who Ieuan Wyn Jones could be talking about when he refers to those who "talk Wales down when in reality we continue to punch above our weight" and paint a false picture of the Welsh economy.

Here's one analysis from a prophet of doom: "And while the richer areas of Britain are flourishing the Welsh economy is struggling. Hundreds of manufacturing jobs are being lost every month - in the north, south, east and west. Farmers are living in poverty. Our young people are being forced out of their communities to find work."

What a remarkable turnaround in the economy since those dark days of five years ago forced the Plaid leader to make such a gloomy assessment.

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