My Lords, I want to revert to the themes which were developed by the noble Lord, Lord Peart, in his opening remarks from the Government front bench. I wish that I shared the buoyant confidence which appears to inspire the noble Lord. I personally find the present position an extremely perplexing one. I find it more difficult than almost ever before in my lifetime to peer into the tendencies of the situation in which we find ourselves. I do not know whether to be optimistic or pessimistic. I can see arguments on each side.
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