English: Well, let me try to assist the Member in his confusion and lift him from his despair. First of all, I thank him for his acknowledgement of the consistency that exists between the two documents that he's referred to. They're meant to be consistent. They're meant to illustrate a common direction. Now, the first thing that he referred to was, he described, appallingly poor economic performance - not so. He also said that, effectively, for the last 50 years, economic strategy had been the same - again, not so. Because I well remember in the 1990s - the late 1980s and the 1990s - the Government of the day decided that the way to, as they saw it, relieve unemployment in Wales was to reduce employment in well-paid jobs like steel and coal and replace them with badly paid jobs in unskilled sectors. That's when our GDP started to slide, because, although unemployment seemed to be lower or getting lower, people's wage rates were getting lower as well. We've rejected that. We don't accept that Wales's economic model is based on being the lowest-wage economy in western Europe. That's exactly what was happening in the late 1990s particularly. We made sure that we went after high quality investment. We have Wylfa B, we have Surf Snowdonia, we have Airbus, we have Raytheon, and Cardiff Airport - we saved that, that would have closed - Aston Martin, CGI; the list goes on. We have attracted investment into Wales at a skill level that would have been unthought of in the 1990s. In time, that will see the raising of GDHI, it will see more money into people's pockets, and that is something that we are not going to change. He expressed regret at a reliance on foreign direct investment. We're not going to be an autarky, we understand that. Foreign direct investment will be hugely important for us in the future; the US is by far our biggest investor. Yes - though he didn't make the point, I suspect he wanted to make this point - we want to make sure we encourage more young, local entrepreneurs. And we see there are more businesses in Wales now that are being set up and are successful than before. I meet with young people and they are encouraged in a way now that they never were many years ago, when I was the same age as them, and they do set up in business, they have the confidence to do it, they have the confidence to grow and to work with others. I see our universities, who for a long time didn't work with business, they didn't see it as part of their remit - . They now are able to work with their talented graduates and researchers to set up spin-off businesses, and we see them around Swansea and around Cardiff - not exclusively, but particularly there. Of course, we need to make sure that we are flexible, and, yes, if it's the case we've produced a number of economic plans over the years, I plead guilty to that; that's because circumstances change. The biggest challenge that we faced was the crash of 2008. That was an enormous challenge for every single economy in the developing world. With ProAct and ReAct, we made sure (a) that people kept their jobs, and (b) they were trained whilst they were in those jobs. Otherwise, unemployment would have been a lot, lot higher. We work with our businesses in order to deliver the best for our people. Now, in time, of course, he'll have the opportunity to look at the economic action plan. I'm sure he will joust and cross swords with the Cabinet Secretary. But when it comes to comparing Wales now to what Wales was like in the 1990s - a country with high unemployment, low prospects, very low wages, a deliberate policy to bring in low-skill, low-wage jobs - we've come a long way since then, and we intend to go a lot further.
Welsh: Wel, gadewch i mi geisio helpu'r Aelod yn ei ddryswch a'i godi o'i anobaith. Yn gyntaf oll , diolch iddo am gydnabod y cysondeb sy'n bodoli rhwng y ddwy ddogfen y cyfeiriodd atynt. Maent i fod i fod yn gyson. Maent i fod i ddangos cyfeiriad cyffredin. Nawr, y peth cyntaf y cyfeiriodd ato, y disgrifiodd, oedd perfformiad economaidd anhygoel o wael - nid yw felly. Dywedodd hefyd, i bob pwrpas, fod y strategaeth economaidd wedi bod yr un fath dros y 50 mlynedd diwethaf - eto, nid yw felly. Oherwydd rwy'n cofio'n dda yn y 1990au - diwedd y 1980au a'r 1990au - y penderfynodd Llywodraeth bryd hynny, mai'r ffordd o leddfu diweithdra yng Nghymru, yn eu barn nhw, oedd lleihau cyflogaeth mewn swyddi â chyflogau da fel dur a glo a'u disodli â swyddi â chyflogau gwael mewn sectorau heb sgiliau. Dyna pryd y dechreuodd ein cynnyrch domestig gros lithro, oherwydd, er ei bod yn ymddangos bod diweithdra yn is neu'n mynd yn is, roedd cyfraddau cyflogau pobl yn mynd yn is hefyd. Rydym ni wedi gwrthod hynny. Nid ydym ni'n derbyn bod model economaidd Cymru wedi'i seilio ar fod yr economi cyflog isaf yng ngorllewin Ewrop. Dyna'n union beth oedd yn digwydd ar ddiwedd y 1990au, yn arbennig. Gwnaethom yn siŵr ein bod yn mynd ar ôl buddsoddiad o ansawdd uchel. Mae gennym ni Wylfa B, mae gennym ni Surf Snowdonia, mae gennym ni Airbus, mae gennym ni Raytheon, a Maes Awyr Caerdydd - fe wnaethom ni achub hwnnw, byddai wedi cau - Aston Martin, CGI; mae'r rhestr yn faith. Rydym wedi denu buddsoddiad i Gymru ar lefel sgiliau na fyddai wedi ei ystyried yn y 1990au. Yn y pen draw, bydd hynny'n cynyddu incwm gwario gros aelwydydd, bydd mwy o arian ym mhocedi pobl, ac mae hynny'n rhywbeth na fyddwn ni'n ei newid. Mynegodd ofid am ddibyniaeth ar fuddsoddiad uniongyrchol o dramor. Nid ydym ni'n mynd i fod yn hunangynhaliol, rydym ni'n deall hynny. Bydd buddsoddiad uniongyrchol o dramor yn hynod bwysig i ni yn y dyfodol; yr Unol Daleithiau yw ein buddsoddwr mwyaf o bell ffordd. Ydym - er na wnaeth y pwynt, rwy'n amau ei fod eisiau gwneud y pwynt hwn - rydym yn dymuno sicrhau ein bod yn annog mwy o entrepreneuriaid ifanc, lleol. Ac rydym yn gweld bod mwy o fusnesau yng Nghymru yn cael eu sefydlu erbyn hyn ac yn fwy llwyddiannus nag o'r blaen. Rwy'n cwrdd â phobl ifanc ac maen nhw'n cael eu hannog nawr mewn ffordd nad oedden nhw byth flynyddoedd yn ôl, pan oeddwn i yr un oed â nhw, ac maen nhw'n sefydlu busnesau, mae ganddyn nhw yr hyder i wneud hynny, mae ganddyn nhw'r hyder i dyfu ac i weithio gydag eraill. Rwy'n gweld ein prifysgolion, nad oedden nhw am amser maith yn gweithio gyda busnesau, nid oedden nhw'n ei ystyried yn rhan o'u cylch gwaith - . Maen nhw bellach yn gallu gweithio gyda'u graddedigion ac ymchwilwyr dawnus i sefydlu busnesau cysylltiedig, ac rydym ni'n eu gweld o gwmpas Abertawe ac o gwmpas Caerdydd - nid yno'n unig, ond yno yn arbennig. Wrth gwrs, mae angen i ni sicrhau ein bod yn hyblyg, ac, ydw, os ydyn ni wedi cynhyrchu nifer o gynlluniau economaidd dros y blynyddoedd, rwy'n pledio'n euog i hynny; mae hynny oherwydd bod amgylchiadau'n newid. Yr her fwyaf y gwnaethom ni ei hwynebu oedd chwalfa 2008. Roedd hynny'n her enfawr i bob un economi yn y byd datblygol. Gyda ProAct a ReAct, gwnaethom sicrhau (a) bod pobl yn cadw eu swyddi, a (b) eu bod yn cael eu hyfforddi yn y swyddi hynny. Fel arall, byddai diweithdra wedi bod yn llawer, llawer uwch. Rydym ni'n gweithio gyda'n busnesau i gyflawni'r gorau ar gyfer ein pobl. Nawr, yn y pen draw, wrth gwrs, bydd yn cael y cyfle i edrych ar y cynllun gweithredu economaidd. Rwy'n siŵr y bydd yn dadlau ac yn anghytuno ag Ysgrifennydd y Cabinet. Ond pan ddaw i gymharu Cymru nawr â sut yr oedd Cymru yn y 1990au - gwlad â diweithdra uchel, rhagolygon isel, cyflogau isel iawn, polisi bwriadol i ddod â swyddi sgiliau isel, cyflog isel - rydym ni wedi dod ymhell ers hynny, ac rydym ni'n bwriadu mynd llawer ymhellach.