Ed Balls’ proposed savings are a drop in the ocean

Responding to Ed Balls’ speech, Co-Chair of the Liberal Democrat Parliamentary Party Treasury Committee, Susan Kramer said:

“Three years into this parliament and Labour still has no credible economic policies. Ed Balls’ proposed savings are a drop in the ocean. 

“And he still refuses to acknowledge it was his party’s chronic mismanagement that got us into this mess. The idea Labour can demonstrate ‘iron discipline’ on spending is laughable. 

“They oppose every cut but refuse to admit what their alternative would amount to – more spending, more borrowing and more debt. They should be honest with voters.

“Liberal Democrats are the only party who can be trusted to deliver both a stronger economy and a fairer society.”

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