Osborne and Darling Jointly Attacking “Deficit Deniers”

Alistair Darling is launching an attack on the Brown-Balls “spend, spend, spend” dividing line election strategy and the continued deficit denial of Ed Balls. Remember that at one point before the election Gordon Brown tried to replace Alistair Darling with Ed Balls because of his resistance to total fiscal insanity.

Darling is giving the Donald Dewar Memorial Lecture at the Edinburgh Book Festival today and will say that

“Labour lost because we failed to persuade the country that we had a plan for the future. What is important now for our party is we take stock and be honest about what went wrong.

“We rather lost our way. Rather than recognising that the public were rightly concerned about the level of borrowing, we got sidetracked into a debate about investment over cuts.

“By failing to talk openly about the deficit, and our tough plans to halve it within four years, we vacated the crucial space to make the case for the positive role government can play.

“You will only convince people you’ve got the answers if they believe you know what the question is in the first place. You can’t have political credibility without economic credibility.”

At almost the same time Darling’s successor George Osborne will be delivering a very similar message, he will attack Brown’s claim to have ended boom and bust, calling it “the greatest failure of economic policy-making for more than 30 years, since the IMF crisis of 1974. He will tell analysts at Bloomberg’s City HQ that the “deficit deniers” are “taking the British people for fools”. Balls may be the worst and most explicit deficit denier, but none of the Labour leadership candidates has much to say about the fiscal crisis they created.



Tip offs: 0709 284 0531
team@Order-order.com

GuidoFawkes Quote of the Day

Tim Shipman to Adam Boulton on the TV debates…

“If Cameron gets in a car to go to the debate, Lynton Crosby will stage a car crash.”

Top Posts This Week

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

NHS ADMIT MEDICAL RECORDS ARE NOT SAFE NHS ADMIT MEDICAL RECORDS ARE NOT SAFE
Today’s PMQs SKETCH: A New Low Today’s PMQs SKETCH: A New Low
Yet Another Mainstream Media UKIP Smear Yet Another Mainstream Media UKIP Smear
HANDS ON WITH THE NEW SINCLAIR ZX SPECTRUM HANDS ON WITH THE NEW SINCLAIR ZX SPECTRUM
Typical Trade Union Drivers Typical Trade Union Drivers
Labour MP in Misuse of Taxpayer Cash Row Labour MP in Misuse of Taxpayer Cash Row

BOFFINS: CLIMATE CHANGE CAUSED ISIS BOFFINS: CLIMATE CHANGE CAUSED ISIS
Mystery of Massive Miliband Mystery of Massive Miliband
Cameron With a Gun to His Head Cameron With a Gun to His Head
Save the Children Sorry For Blair Award Save the Children Sorry For Blair Award
Another NHS Hospital Shamed Another NHS Hospital Shamed
Widespread and Habitual Hacking at the Mirror Widespread and Habitual Hacking at the Mirror
Will Straw Silent on Sleaze Will Straw Silent on Sleaze
When Dave Met Walliams When Dave Met Walliams
Home Office: Nerdy Kids are Dangerous Home Office: Nerdy Kids are Dangerous
Jim Murphy Is Laughing At You Jim Murphy Is Laughing At You
Awesome Star Wars Tie Fighter Drone Awesome Star Wars Tie Fighter Drone
Labour Select Palestine Activist to Fight Galloway Labour Select Palestine Activist to Fight Galloway
Follow

Get every new post delivered to your Inbox.

Join 1,817 other followers