Over the last year one of Ed Balls’ favourite lines has been to remind us that Britain was almost unique among our G20 friends in entering a double-dip recession. He gleefully twisted the knife in his conference speech, a column in the Tribune and various press releases, also reeling off the line in an op-ed for the Standard. Now that the Eurozone has fallen into a double dip this morning, it’s back to the drawing board.
A new hand gesture too, perhaps?
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Andrew Pierce on Ed Balls…
“Porky Shadow Chancellor Ed Balls sweet-talked guests at a fund-raising dinner by saying if he wasn’t a politician, he would be a chef. That’s not surprising, since he was accused of cooking the Treasury books when he was Gordon Brown’s boot boy.”
is there anyone in the world that Tony hasnt screwed in some way?
Balls=Knobhead
Problem is UK will end up have triple dip and it will be the 1st time. As for EU, it was implementing cuts like UK, so its not a surprise.
The figure is ‘not a reliable guide to the future’, warned Sir Mervyn. He said: ‘Continuing the recent zig-zag pattern, output growth is likely to fall back sharply in the fourth quarter as the boost from the Olympics in the summer is reversed – indeed, output may shrink a little this quarter.’
Read more: http://www.dailymail.co.uk/news/article-2232714/Unemployment-falls-gap-wages-rising-cost-living-widens.html#ixzz2CI34tfAz
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“boost to the economy from the olympics”?!?
Keynesianism seems to be pyrrhic economics.
In few years I will be surprised if UK would be considered a developed country.
There needs to be fundamental changes to the economy and how services are given and paid for. Printing money can only last for few years before we ends up getting hyper inflation.
The public sector spends far too much. The real solution is a rebalancing so that tax-take as a proportion of GDP falls from about 43% (plus about 9% borrowed), to something nearer 35% (and maybe 2% borrowed). The private sector will then have a chance to compete with the rest of the global economy. Achieving this will take a couple of decades or so, provided we don’t get another tax-borrow-and-spend government in that time.
Why 35%, can’t it be cut further to sat 10%?
One step at a time, son.
Immigration also needs to be tamed and the criminal law needs to be feared once more.
I know, what about borrowing even more and spending even more? We’ve never tried that before – it might just work!!!
It might work some more years as it is working for US, China, Singapore, etc.
It is like taking cards off a house build with cards, they are still building we (UK and EU) wants to take it off. Risk is greater when one is taking it off than still building.
Just wait until the US finally has to pay it’s bills…..
As the economy is mismanaged this country will not afford to provide free schooling, care, etc.
There are no such things as free schooling and care. It’s a matter of who pays for them and how.
Its paid by printing money and debt. Question is how long it can go on.
It might be time to ask for payments to use it.
Also this country cannot afford to keep subsidising pensioners just because they are more likely to vote.
The country doesn’t subsidise pensioners. Most of them live off pensions provided by the private sector. Those pensions are now going to cost far more for soon-to-be pensioners, mainly because of catastrophic economic mismanagement by the previous government.
Engineer, who is paying for pension, care, medicines and hospitals? Billions can be saved.
We can’t afford them now. They are being paid for by sending the bill to our great-grandchildren.
our emotional bias says why?
our wishfulthinking says why not.
what should happen?
what should be the decision criteria?
are we a country divided by our emotional bias and wishfulthinking.
this is what we need to unify.
Stop talking gibberish. We can’t afford it.
Why do you expect to have great-grandchildren. Irresponsible.
Er maybe it should get parents to pay for their children’s education rather than punishing taxpayers for working.
The economy is mismanaged because of socialist subsidy like the above idiocy. BTW It’s only “free” if the workers volunteer, it’s extortion funded, not free.
What about the past debt. Why should we pay for the services others received?
It depends if you want to transfer ownership of the infrastructure in exchange for writing off debt…
Nearly as mismanaged as it was before 2010.
It could never be as mismanaged as then !
Surely then it must be a mega surprise if austerity is linked to economic disaster that UK unemployment is trending down and GDP growth is 1.0% this quarter, beating both the Eurozone and the USA?
tRIPLE DIP QUITE POSSIBLE AND THE REALLY ANNOYING THING IS lABOUR PUT US THERE YET WILL MOAN ABOUT IT FOR THE NEXT 50 FECKING YEARS
Time for a quadruple and quintuple dip too before 2015.
It’s a load of bollocks. It’s the same recession that kicked off in 2008. Some months we borrow and squander enough to give the illusion of ‘growth’ and some months we don’t.
New Chancellor please, preferably one with more real-world experience than towel folding.
Rather a snobbish comment.
Fuckwit zanuliebor apologist. Its always different when you get your propaganda found out.
Don’t worry. He’ll move the agenda onto Britain’s triple-dip recession.
That’s what UK politics comes down to -idiots arguing about fiddling, meaningless figures.
Osborne is already on it
There is only one hand gesture that suits Blinky … Chucking it over the thumb!
He may be a knobhead – but he’s MY knobhead!
Anyone know who?
http://www.bbc.co.uk/news/world-20336798
Two fingered salute to Balls Up should be mandatory for all media groups.
Of course the BBC will support him.
Could not believe that this morning on the Toady Programme had David Millipede discussing the future of China.
Talk about the blind leading the blind.
wonking lefty.
Are they all going to cling by their fingertips to their shadow posts for the next 3 years, without making any suggestions as to how they could do any better. Because if they do im glad to say they are toast !
He looks like one half of the Fat Slags…wait a minute… he IS a fat slag.
Do give me a call Eddyboy
We must make up some more lies…
PS Damian sends you his luv…
second
knob in the head.
I said
“War is too important to be left to generals”
and I add that “Any country’s finances are too important to be left to lying spin doctors”
New hand gesture?
Two fingers!
I like to finger my bum hole.
Looks a bit limp wristed
You cannot turn utter balls into new balls
You should know that by now Guido…
The BBC are the chief purveyors of Frankfurt School cultural marxism to the masses. They are the propaganda arm of the Labour Party and operate, in league with smearers like the BIJ, to denigrate, demean, and destroy any political opposition that is not left wing.
Why are millions of people still being forced, on pain of imprisonment, to fund this corrosive, anti-British, anti-white organisation of fifth columnists?
The BBC should be shut down. In every revoluiton in Eastern Europe, the communist TV stations had to be put off air. We are in a similar position.
whoever owns the media controls the culture. who controls the BBC?
A conspiracy of crypto-Maoists and Marxists and Trotskyites
Yes go and tell that to the kids they helped in Glasgow on DIY SOS last night.
Cameron’s Big Society didn’t do it.
After 13 years of liebor why are there still kids in Glasgow needing help? This is a welfare country now. Everybody’s happy.
Do not forget us as we actually advise the BBC on their strategy and give them solutions to problems. IE We are their true boss.
twotHunt
I will bail out the UK if you sell us what is left of your industry and commerce
As Gordon Brown told me during his wanderings
It is the only thing to do
We’ll sell you all of Scotland’s oil for £86 billion.
Discounted to £8 billion if you buy Scotland, too.
We eat many things, but would not stoop to haggis
What about deep fried mars bars – delishoos?
Just tell us how many containers you need.
Mr Ping’s election stinks – there is a real Ping Pong about it
Who would call their kid eleven?
The ones who have multiiple children and can’t remember their names. Liebor scroungers.
“one of Ed Balls’ favourite lines”
Balls’s
Sure about that?
English names ending in s take ‘s as the possessive: Balls’s, St James’s. Foreign names ending in s take a plain apostrophe: Jesus’, Socrates’. This is British usage. Americans use a plain apostrophe for all.
Thanks for that nugget, Tachybaptus. Before you know it I’ll be writing and speaking like what you do.
Yes, you’ll be using the right words, but probably still in the wrong order.
Are you free Mr Balls
I’m Free
Sad to say, no it’s not but, Ed Balls is so discredited it’s not worth reporting him!
+1
Ed Balls is the only thing that stops me being certain of a Labour victory in 2015. And he’s the only thing that makes me worried about such a victory, too.
What!!! You think that his nasally-challenged glove puppet looks an electable statesman?
In the infamous words of John McEnroe “YOU CANNOT BE SERIOUS?!”
Be fair, he can only learn three lines at any time and getting a new one into his head takes a while. The problem is Millipede stole the ‘I demand an enquiry’ line so we have had to re-teach Ed B the double dip one. Just in case he has to make a statement of any sort. God forbid.
Don’t worry. Yvette will be Chancellor.
It seems incredible that given his appalling incompetence & the damage he has done to future generations of british taxpayers – some yet unborn, that Ed Balls remains on the front bench of the oppsition.
And how weak are the Conservatives if they cannot even attack Balls at every opportunity, given his track record, for fear of upsetting the reds in the Lib Dems?
The 53% of economically inactive people in the UK that Labour turned into welfare junkies over 13 long years will vote to rob their own grandchildre to pay for their feckless lifestyle today. Balls did that – he is the architect.
Raising that “inconvenient truth,” if you will, didn’t play in the US as an electoral strategy, and it sure won’t in the UK either, pardon my so-called 47% “gaffe.” It might be true, but it gets the fingers-in-ears-la-la-la treatment. Nobody wants to hear it. Too soon we’ll be old and too late we’ll be smart.
I will not be making the same mistake.
Many others yes, but not this one, I think!
Long live vince the nince!
‘No more Boom and bust’
and prudence to you too
Is it time for my medication?
yes, gotta keep up the pretence for a little while longer.
I’m sure we could help you out of this condition in a day or so Madge. Book into my clinic for a course of twice-daily ECT. People never come back, so I justifiably claim my cure rate is 100%
Here’s your cyanide capsule dear.
LOL
I used to think that Balls would probably be quite good in a really savage war.
But I think he’s almost certainly a coward as well as a bully so that means he’s good for nothing. Maybe fertiliser, or ballast.
ppl are more than one thingwingy.
we can love one aspect and hate the other.
doesn’t help that our emotional bias and wishfulthinking confuse.
A double dip? If only……
Eurgh, in fact double eurgh
I’m Britain’s champion wanker
Renowned throughout the land.
Everybody knows my name
But nobody wants to shake my hand.
I’d be glad to – in fact, I’d give you a hand.
A really nasty piece of work, duplicitious as shit, and of course responsible for the economic misery that we are in, he was of course McMoron’s acolyte, and he should be a little more measured in his comments, given his culpability.
But, as has been said in the past, who will remove this annoying little excrementous hoon from public life.
Can’t wait to get my hands on him, just a little injection now Ed, it will stop all the pain of being a left wing nonce
Today is National BumSmacking Day — Get smacking! pic.twitter.com/CNvb01Ib
Gideon and I are doing so well.
Maintaining the Deficit at circa £12bn per month.
We’ve just managed another £35bn Q.E. by the back door transfer from BoE to the Treasury,
Aren’t we clever feckers!
You and me both pal!
Get out of this one Dave the Fecker….
http://www.telegraph.co.uk/news/worldnews/europe/eu/9679833/Herman-Van-Rompuy-tries-to-grab-2.5bn-back-from-Britains-EU-rebate.html
All part of the plan old fellow. I’m going to succeed in stopping this, and people won’t notice all the other things I haven’t stopped.
Can somebody explain why we don’t just pay the net amount instead of messing about with rebates? This an exact copy of Brown’s tax credits roundabout. Still, I suppose it creates a few hundred jobs for the boys and girls who have to actually do this “work”.
Balls’ new gesture? in that photo it looks a bit limp-wristed – a la Bryant………
The thought of Balls posing in his underpants is deeply unpleasant.
Eddie goes “commando,” anyway.
And doesn’t wipe his arse, the filthy beast
Yvette must be fed up with Ed insisting on anal and keeping her hair short.
Missed earlier comment on here so was much made of Sir Cyril Smith’s alleged indescretions? Still on BBC text but no mention on the news.
Still working to take the heat of the Muslims in Rochdale.I’m sure you will hear more about Cyril soon.
Nice one Cyril… nice one son…nice one Cyril…………..Ooooh yeah
Here’s Tony Blair demonstrating the new gesture:
http://www.languagetrainers.co.uk/blog/2007/09/24/top-10-hand-gestures/
Earthquake in Mexico. Nothing on the BBC website about it.
Was Balls part of putting forward more immigration and people breeding more to alter the age profile so that we would be able to afford pensions for the ageing population?
It’s working well….
yes
Yes but I made it work perfectly.
Just like my pal Gordon.
I now know why labour are still so bitter and twisted at being booted out of power in 2010. They wanted to finish off the UK once and for all, but failed.
They wanted to finish off the UK once and for all, but failed.
Don’t be so sure. The only way we’re managing to ‘only’ borrow 130bn quid a year is by printing an additional 100bn quid a year (on average since 2008).
Nope. I think Labour has thoroughly fucked the UK. There is a very real risk that we’re finished already. If the only solution is quite literally printing money then I’d say we’re fucked.
I am just glad that Iam retired and will not see the wreck that this country is becomimg, camoren and his ilk have no respect for anyone, its a pity my namesake is not alive and well and able to bring these charlatens to book.
Didn’t know Ed was a “Limp wrist”