I thought this snippet from WalesOnline yesterday was particularly enlightening:
Asked if he believed that Wales would be worse off if the UK voted to withdraw [from the EU], Mr Davies said:
"No, I don’t. I don’t believe that. Quite clearly if you look at the EU, at the moment we have a trade deficit of some 50bn euros, that's not to our advantage. And of course we pay £8-9bn a year into the European Union, and there are arguments against leaving the European Union as well, in its current form."
Those who are more financially astute will of course realize that Wales doesn't have a trade deficit of some €50bn, nor do we pay £8-9bn a year into the EU.
So why did Daul Davies answer the question in the way he did? I think he simply had no idea about whether Wales would be better or worse off ... even though he is, believe it or not, meant to be the Shadow Finance Minister in our National Assembly.
In case anybody is in any doubt, the answer is that Wales would be financially worse off outside the EU, as Jill Evans conclusively demonstrated last November in the two documents that can be downloaded from this page.