My hon. Friend says that our strategy is difficult to understand for the average trade unionist, but he is not an average trade unionist. For example, he does not support, as he showed a couple of weeks ago, the TUC and the vast majority of trade unionists on the Government's anti-inflation policy. As far as unemployment is concerned, the world recession following the oil crisis hit every advanced country, many of which had higher unemployment figures than at any time for 30 years. Apart from the short-term consequences, the long-term problem we face is due to a lack of investment in this country and a failure to make better use of investment—I shall be fair about this—under successive Governments of different parties in this country.