Labour First Minister of Wales Carwyn Jones says “there’s never been a better time to borrow“ £500 billion. Speaking on Sunday Politics Wales yesterday the most senior Labour figure in Wales said:

Presenter: “The Shadow Chancellor John McDonnell said £500bn more borrowing in order to give the economy a bit of a boost – you’d go along with that then would you?”

Carwyn Jones: “Yes I would. Let’s remember…”

Presenter: “£500bn extra borrowing?”

Carwyn Jones: “There’s never been a better time to borrow. It’s cheap.”

Quite a day: Communist-endorsed Labour arguing with themselves about Trident, but at least they agree on borrowing half a trillion pounds more…