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Legislative Programme and Budget Statement (Wales)

Actually, long-term interest rates, future bond rates and so on were coming down under our Government. Interest rates will be forced up again as borrowing and debt rise, as more and more people fall out of jobs and rely on the state for support. After record levels of employment and prosperity, falling unemployment and falling numbers of incapacity benefit claimants under Labour, Wales will be returned to its traditional Tory place: bumping along the bottom, with higher unemployment, lower incomes and poorer prospects.