There are economies that are slowing; ours is in reverse because of the Prime Minister's policies.

On Tuesday, the Prime Minister said that Japan was in recession. It is worth reminding him of the fact that Japan's economy grew by 4·5 per cent., and ours shrank by 2·5 per cent. Japan's unemployment is at 2 per cent., while ours is at 9 per cent. Is it not now obvious that, because of his policies, the Prime Minister is reduced to imagining recovery at home while inventing recessions abroad?