Friday, January 21, 2011

The new Shadow Chancellor of the Exchequer - Ed Balls


The resingation of Alan Johnson as Shadow Chancellor of the Exchequer is a great wound for Labour Leader Ed Miliband, he has now been forced to appoint a political opponent in the shape of Ed Balls. Lets clear be clear Mr Balls is clever and a great political operator, but he is not NEW LABOUR, as Tony Blair found to his cost, he does not think the UK has to cut its deficit in half over a four year period, he comes from the Gordon Brown school of economics, bankrupt the nation and complain when the others have to clean up the mess. The sight of Ed Balls as Shadow Chancellor will be a delight to the Coalition Government, Balls was the right hand man for Brown while he was Chancellor and PM. Thus the present structural deficit, beyond the bank bailout is the fault of Brown/Balls, this should be the argument of the Coalition Government, the argument should be framed that Labour under Ed Miliband has not accepted its responsibility while in office for the near bankruptcy of the UK, its all wind and no bite. Also Ed Miliband must worry that Balls will knife him in the back in the future, the next election will be in 2015, thus in that time there will be lows for Labour, Miliband must worry that when he is low in the polls or Labour is not doing as well as expected he will face a Palace Coup from Balls and his wife. The Coalition just go some more breathing space from this resignation of Alan Johnson, Labour is seems just repeats its past history, Miliband/Balls is an echo of Blair/Brown.

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