Balls’ GDP Nightmare

The shadow chancellor’s Ed Balls Day hangover has not been helped by this morning’s positive GDP figures. One phrase stood out in his response to the news:

“Now that growth has finally returned, the question is whether ordinary working people will properly feel the benefit and we have a balanced recovery that’s built to last… 

And with business investment still weak, infrastructure output down and housing demand outstripping housing supply, this is not yet a recovery that is built to last.

Labour’s plan will ensure we earn our way to higher living standards for all, not just a few at the top, and secure a strong and balanced recovery that is built to last.”

“Built to last” was the phrase used by Balls that led to Miliband advisers Torsten Bell and Greg Beales calling him a “nightmare” in those awkward leaked emails last year. This morning he used it three times in five lines…




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Heidi Alexander sums up Labour’s approach to aspiration:

“Babies grow up to become taxpayers.”

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