Our new under-fives provision - Sure Start, nursery places for three and four year-olds, better maternity and paternity support, a massive extension of childcare supported by tax credits - is enabling parents to choose the provision that is best for them and their children, where previously there was often no provision at all.
Indeed, that's a truly remarkable accomplishment, given the fact that most fund managers would be slapping high-fives and popping champagne corks if they could string together just three straight years of beating their benchmarks.