My hon. Friend, as always, is short, succinct and to the point. He is absolutely accurate. We are determined not to repeat the errors of the 1980s and 1990s recession. That is why we are helping young people in particular to get back into work. That is why we are growing jobs with our green investment bank. That is why we are helping new industries and renewable industries in the video games industry and in the life sciences. It is by having a managed industrial policy that we will grow our way into recovery.