According to the Oxford Economics analysis. While London and southern England will bounce back quickly, creating hundreds of thousands of jobs over the next five years, Wales will see only a tiny increase in employment, according to the Oxford Economics/Financial Times analysis.
That’s 15 Years.
Some European countries recovered from the devastation of the 2nd World War in this time.
The paper also argues that only 4,100 extra jobs will be created over the next 5 years.
We will never recover if this happens. The damage will be permanent and we will be see depopulation and Wales will become a second class Nation where no one will seek to invest in.
And yet the Con-Lib government still insist that we are all in this together.
When discussing how Wales is funded on the BBC’s Good Morning Wales, Peter Black AM said:
‘… clearly, you’re not going to be able to conjure up any more money over the next five or six years, what we have to do now is make sure we spend that money more effectively.
Peter makes his usual robust defence of his claims based on the idea that whilst Westminster can easily reform many other aspects go government the reform of Barnett is beyond them. Whilst claiming that he's been deliberately misquoted by Plaid. Of course he never does this.
Wales in the position it is in, because successive governments have stood by and saw our manufacturing Industry almost wiped out.
And what has London proposed CUTS that will further push many more people into poverty , whilst claiming that many of the unemployed are work-shy and it is they who are responsible for their situation.
There is no talk that what we need is something approaching Roosevelt's New Deal which could be funded by a Robin Hood task Creating the infrastructure and supporting co-operative ventures that could transform the Welsh economy.
Some will argue that the Welsh assembly should do more to increase employment, and they are correct. but when we are still tied to Westminster who only have the London Bankers at heart the scope is only limited and, the assembly can only but patches on our wounds.
What we need is Parliament consisting of Welsh men and women with the powers to address Welsh Solutions to Welsh problems and the courage to do so.
If we don’t take control of our own affairs then we will be sitting by as London and the South East of England prosper at our expense.