IMF Reality V Balls Deficit Denial

The Prime Minister is not going to have a very nice day in the Commons as he faces his first PMQs since siding with Andrew Mitchell over the word of the coppers. One bit of news he will inevitably fall back on is the IMF declaring today that Britain’s structural deficit was £38bn worse than originally thought and running at £73bn or 5.2% in 2007 – a year before that ‘global economic crisis’ Ed Balls hides behind.

Instead of apologising for this economic terrorism that saw the UK the least well prepared country in the G7 to face a crisis and running one of the largest peacetime deficits in the developed world, Balls simply pretends it never happened. Here is what he told Marr in January 2011:

“I don’t think we had a structural deficit at all in that period [before the recession]”

Given the Shadow Chancellor’s fondness for throwing IMF statements around, will he now concede that he was wrong and say sorry?

We can autotune it if it makes it easier…

UPDATE: More ammo for the PM on what should be a tricky day – Employment has reached a record high at almost 30m, with unemployment down by 50,000 in the last quarter from 8.1% to 7.9%. Youth unemployment has also dropped below one million for the first time in a year.




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

Quote of the Day

President Trump says…

“I love the First Amendment… after all who uses it more than me?”

Sponsors

Guidogram: Sign up

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

Facebook

Experts Wrong About Polar Bears Too Experts Wrong About Polar Bears Too
Read: McDonnell’s Coup Warning Read: McDonnell’s Coup Warning
Oscars: What Happened in Slow-Motion Oscars: What Happened in Slow-Motion
Watch: Snarling, Angry Corbyn Watch: Snarling, Angry Corbyn
Gerald Kaufman Dead Gerald Kaufman Dead
Sunday Shows Sunday Shows
Arron Banks’ Hostile UKIP Take-Over Arron Banks’ Hostile UKIP Take-Over
Well Done Our SNPs Well Done Our SNPs
Electoral Commission Investigating Everybody Electoral Commission Investigating Everybody
Watch: McDonnell Blames Blair and Mandelson for Copeland Watch: McDonnell Blames Blair and Mandelson for Copeland
Watch: Nuttall Can’t Find Getaway Car Watch: Nuttall Can’t Find Getaway Car
Watch: Hancock Can’t Name Tory Stoke Candidate Watch: Hancock Can’t Name Tory Stoke Candidate
Tories GAIN Copeland Tories GAIN Copeland
Labour HOLD Stoke Labour HOLD Stoke
Corbynista’s Midnight Twitter Meltdown Corbynista’s Midnight Twitter Meltdown
Guido’s Guide to By-Election Scenarios Guido’s Guide to By-Election Scenarios
Exc: Taxpayer’s 60k Per Month for Conflicted HS2 Boss Exc: Taxpayer’s 60k Per Month for Conflicted HS2 Boss
Click to Sign Guido’s #Piegate Pietition Click to Sign Guido’s #Piegate Pietition
Guido’s Guide to By-Election Day Guido’s Guide to By-Election Day