Labour’s 5 point economic plan

Ed Balls writes in Tribune that ‘evidence is now mounting by the day that the Tory austerity plan – spending cuts and tax rises which go too far and too fast – is hurting but not working.’ He advocates five simple measures to generate demand in the economy and boost public finances, including ‘bringing forward long-term investment projects – schools, roads and transport – to get people back to work and strengthen our economy for the future.’ http://www.tribunemagazine.co.uk/2011/10/out-of-touch-government-and-do-nothing-ministers/