Saturday, 25 January 2014

Oh that's priceless, who on Earth would believe that of Ed Balls?

It seems that Ed Balls has pledged Labour to balance the UK's books and do away with the budget surplus in the next Parliament if it wins the 2015 election. The Shadow chancellor Ed Balls said Labour would pass a law to ensure it adheres to "tough" and binding fiscal rules. These rules would include eliminating the deficit and reducing debt as a share of GDP between 2015 and 2020.

Doe anyone seriously believe that Ed Balls is capable of adhering to such a policy? Ed Balls, the great deficit creator. Ed Balls, the deficit denier. Ed Balls, the man who did more to destroy the British economy than anyone in the last Labour government (other than Gordon Brown) of course.

In any sane society Ed Balls' promise to balance the UK's books would be greeted with hysterical laughter and total derision. However I'm sure the BBC will treat Ed Balls' pronouncements as gospel and question him ever so gently.

1 comment:

Ed P said...

Balls was directly (and indirectly via Brown) responsible for excessive spending before - who can believe him now?

See: for graphs showing just how irresponsible they were.