Liberal Democratic Party: Stephen Williams: Ed Balls should leave his Never-neverland

“Today, Ed Balls firmly confirmed his credentials a deficit enthusiast, denying that Labour ran the biggest structural deficit of the G7."

Commenting on Ed Balls interview on the Andrew Marr Show today, Co-Chair of the Liberal Democrat Parliamentary Treasury Committee, Stephen Williams, said:

“Today, Ed Balls firmly confirmed his credentials a deficit enthusiast, denying that Labour ran the biggest structural deficit of the G7.

“Whilst the OECD, the IMF and the Bank of England support the Government's plans to deal with the empty coffers Labour left behind, Ed Balls denies he had anything to do with the toxic state of affairs the Coalition inherited.

“This former City Minister, who repeatedly praised the light-touch regulation that failed to reign in the banks' reckless and careless attitude, now refuses to take responsibility for egging Gordon Brown on to spend and spend, leaving us with the biggest structural deficit of the G7.

“It is clear that Labour have no regrets, no apologies and no answers. It is time Ed Balls left his Never-Neverland and started supporting the plans to get this country back on it's feet.”