The scale of the employment crisis in this country demands a huge strategic response, which makes jobs the top priority. We have a strategy to do that. It is an innovative strategy which involves investing in the arteries of economic success, that is, electricity, broadband, water and other areas that will make us distinctive. It means investing in those young people who will otherwise end up in Frankfurt, Sydney, London or New York and ensure we do not lose them. It involves making bold strides in reforming our public service so we can deliver more with less. That is the demand at present.

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