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Wales Online
Wales Online
National
Will Hayward

Newspaper writer says Wales is becoming a dystopian experiment in economic quackery

A columnist for The Daily Telegraph has launched a scathing attack on Welsh Government "faddish ideas".

Financial columnist Matthew Lynn took aim at Welsh Government plans to conduct a basic income trial giving money to care leavers as well as criticising Welsh Covid rules, funding for green initiatives and proposals for a four-day working week.

He said: "Welcome to the People’s Republic of Wales. Over the last week the devolved administration in Cardiff has embarked on a series of policies even Jeremy Corbyn would have regarded as a little on the utopian side of things."

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This comes just days after Telegraph columnist and Boris Johnson ally Baron Frost called devolution "nonsense".

Lynn also took a pop at the Welsh Governments Covid record adding: "After a blundering performance in the pandemic, it seems Wales is stepping up to the challenge. It is caving out a niche for itself as a place where all sorts of faddish ideas can be tried out on an unsuspecting population."

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He also was apparently furious at the suggestion by Future Generations Commissioner Sophie Howe that Wales should consider a four day working week and the £8.1bn announced by the Welsh Government to support green infrastructure over the next three years.

"All those 19-year olds on UBI will set up the new Googles and Apples once they are freed from the pressure of actually having to make any money, while all the green investment will create such world-class expertise Tesla will move its headquarters to Merthyr Tydfil just to keep up with the latest innovations," he wrote.

"Well, perhaps. In this universe, however, rather than the parallel one the Cardiff political class seems to inhabit, you wouldn’t want to bet your Welsh cake on it.

"In truth, the public sector will bank the time off, and work even less, while the basic income will simply be squandered, and the green industries will be hooked on subsidies and be outcompeted by those with stronger incentives to succeed.

"There is no reason Wales shouldn’t be as rich as Ireland, or at least Bristol. Instead, it is dragging itself down, and taking the UK with it."

At no point when talking about Wales' very real issues with poverty and creaking infrastructure did Mr Lynn mention that Wales' is being shortchanged to the tune of about £5bn when it comes to HS2 funding which would be an opportunity to completely revolutionise Wales' crumbling rail network.

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