Welsh Conservatives today slammed a number of senior Labour figures for ‘gleefully’ talking up the prospects of a triple-dip recession as Labour’s First Minister refused to recognise growth in the UK economy.
The First Minister today refused to acknowledge:
The IMF’s UK growth forecast of 1.4%, making the UK the fastest growing economy in Europe
The deficit has been cut by a third
1.4million private sector jobs in the UK
But at the same time Carwyn Jones failed to condemn his Labour colleagues who talked up the prospect of a triple-dip recession.
Last week, a report by Capital Economics warned that ‘the Welsh economy will struggle to achieve strong growth for the rest of the decade’.
Andrew RT Davies said, "I am appalled that Carwyn Jones puts Labour’s narrow party political interests before the Welsh economy by refusing to recognise UK economic growth and backing colleagues who talk our economy down.
"A few months ago, senior Welsh Labour figures were gleefully talking down the economy and talking up the prospect of a triple-dip recession, presumably to advance their discredited opposition to cutting the deficit.
"Even the Business Minister was irresponsibly predicting a triple-dip recession, harming economic confidence and putting investment in the Welsh economy at risk.
"The UK economy is now the fastest growing economy in Europe because of the tough decisions taken by the Coalition to tackle Labour’s debt crisis, ensure the country lives within its means and support hardworking people.
"After 14 years of successive Labour governments, Wales remains the poorest part of the UK as Carwyn Jones and his ministers continue to sit on their hands.
"Carwyn Jones should explain what happened to his party’s predicted triple-dip recession.
"Carwyn Jones might look like weatherman Derek Brockway, but his forecasting skills are nowhere near accurate."