Balls Speech Positions Himself

balls-campaign-diary

In the 2010 Labour leadership campaign Ed Balls positioned himself on the tough-love Brownite left and Ed Miliband outflanked via the in-the-comfort zone soft-left. Today Ed Balls in his speech to the London Business School distanced himself from the Labour leader’s anti-business positions and sounded almost Blairite at times. All these things are nuanced, this sounded like a positioning speech for the post-election, post-Miliband Labour Party. We shall see…

Speech highlights:

  • Balls, despite saying “the third way did not deliver”, explicitly identifies himself with the Clinton-Blair agenda

    “I do not believe that the progressives were wrong in their central belief that a path could be taken between free-market economics and protectionism and isolationism.”

  • Attending Bilderberg Conferences has paid off, Balls explicitly accepts the success of neo-liberal globalisation

    “… this is my starting point: over the last twenty years, the global economy has fundamentally changed – and changed for the better. As communism collapsed and countries have liberalised their economies, there have been significant reductions in poverty and increases in living standards across Asia, South America, Eastern Europe and now Africa.”

  • Straining credibility the former deficit denier now promises spending cuts and a balanced budget

    “I have made a binding fiscal commitment that a Labour government will balance the books and deliver a surplus on the current budget and falling national debt as soon as possible in the next Parliament. It will require tough decisions to cut public spending and social security spending, as well as a fairer tax system.”

The rest of the speech dwells on traditional Labour solutions, more training and education, a mea culpa over (the lack of) EU immigration transitional controls in government, plus some sleight of hand over corporation tax.  To back up the new endlessly repeated Balls “pro-business, just not business as usual” soundbite he also advanced the idea of an industrial policy incentivising long term investment, this time with tax breaks for long term equity investors. Can’t wait to see how the Owen Jones left welcomes the idea of more expensive corporate welfare for stock market investors…



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

GuidoFawkes Quote of the Day

Sky News ask a “Labour representative” where the local St George’s Day events are. He replies:

“You’re better off asking the UKIP candidate” 

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

Media Idiocy Media Idiocy
Tom Baldwin Wrote Toxic Migrant Briefing Tom Baldwin Wrote Toxic Migrant Briefing
Ed Weaponises Dead Migrants Ed Weaponises Dead Migrants
Taking the P**s: ANDROID IN APPLE UROLAGNIA SHOCKER Taking the P**s: ANDROID IN APPLE UROLAGNIA SHOCKER
TELEGRAPH TELLING FRACKING PORKIES TELEGRAPH TELLING FRACKING PORKIES
ED MILIBAND IS READY ED MILIBAND IS READY

MILIBAND’S IDEOLOGICAL GURU IN PAY OF SAIF GADDAFI MILIBAND’S IDEOLOGICAL GURU IN PAY OF SAIF GADDAFI
PEAK #SEXYMILIBAND REACHED PEAK #SEXYMILIBAND REACHED
A Lifelong Labour Voter Speaks A Lifelong Labour Voter Speaks
NUS Conference Censor UKIP NUS Conference Censor UKIP
Plug Pulled on Labour Interview, Again! Plug Pulled on Labour Interview, Again!
Mrs Danczuk’s St Phwoarr-ge’s Day Message Mrs Danczuk’s St Phwoarr-ge’s Day Message
Lutfur Rahman Guilty of Bribery and Corruption Lutfur Rahman Guilty of Bribery and Corruption
Greens Want to “Keep Global Temperatrures Below 2 Degrees” Greens Want to “Keep Global Temperatrures Below 2 Degrees”
Newsnight Does Kim KarSturgeon Newsnight Does Kim KarSturgeon
MEET GAYZER FRACKMAN, THE ANTI-FRACKING FANBOY MEET GAYZER FRACKMAN, THE ANTI-FRACKING FANBOY
Nigel Farage v Evan Davis Nigel Farage v Evan Davis
Salmond: I’m Writing Labour’s Budget Salmond: I’m Writing Labour’s Budget
WATCH: Cameraman Taken Down By Labour Press Officer WATCH: Cameraman Taken Down By Labour Press Officer