Discussion
Well not quite Mr Balls up but not good reading for Mr Osborne.
The Press Association said:
Labour's Ed Balls has overtaken Chancellor George Osborne as the voters' choice as best person to run the economy, according to a new poll.
Mr Osborne's rating as "most capable chancellor" slumped in the Ipsos Mori survey to 29%, from 36% before his much-criticised Budget in March.
Meanwhile, the monthly political monitor showed confidence in Mr Balls rising two points to 37% over the same period.
It is the first time the shadow chancellor has outpolled Mr Osborne in a survey for the company since the general election, and will be taken by Labour's high command as a sign that the party is winning back its reputation for economic credibility.
Almost half (47%) of those questioned said they did not like Mr Osborne, compared to around a third (36%) who did like him.
More than half (54%) said they did not like the Chancellor's policies, while three in 10 (29%) said they did like his policies.
Half (50%) said they thought the British economy would get worse in the next 12 months compared to 18% who thought it would improve.
But Ipsos Mori's head of political research, Gideon Skinner, said that the falling confidence in Mr Osborne did not necessarily translate into an increase in support for Mr Balls.
Mr Skinner said: "As economic pessimism is on the up, George Osborne's reputation is suffering. But the biggest rise is among those who think neither of the main parties has the answer."
The poll gave Labour a nine-point lead over the Conservatives, with 40% of those questioned saying they would vote for Ed Miliband's party in a general election (down three points since May), against 31% (down two) for Tories and 10% (up one) for Liberal Democrats
Mr Osborne's rating as "most capable chancellor" slumped in the Ipsos Mori survey to 29%, from 36% before his much-criticised Budget in March.
Meanwhile, the monthly political monitor showed confidence in Mr Balls rising two points to 37% over the same period.
It is the first time the shadow chancellor has outpolled Mr Osborne in a survey for the company since the general election, and will be taken by Labour's high command as a sign that the party is winning back its reputation for economic credibility.
Almost half (47%) of those questioned said they did not like Mr Osborne, compared to around a third (36%) who did like him.
More than half (54%) said they did not like the Chancellor's policies, while three in 10 (29%) said they did like his policies.
Half (50%) said they thought the British economy would get worse in the next 12 months compared to 18% who thought it would improve.
But Ipsos Mori's head of political research, Gideon Skinner, said that the falling confidence in Mr Osborne did not necessarily translate into an increase in support for Mr Balls.
Mr Skinner said: "As economic pessimism is on the up, George Osborne's reputation is suffering. But the biggest rise is among those who think neither of the main parties has the answer."
The poll gave Labour a nine-point lead over the Conservatives, with 40% of those questioned saying they would vote for Ed Miliband's party in a general election (down three points since May), against 31% (down two) for Tories and 10% (up one) for Liberal Democrats
Edited by colonel c on Friday 15th June 12:31
Judging by yesterday's announcement on bank lending, the Government is losing the argument, I just hope that this is the right strategy, I'm not sure if I wouldn't have rather seen a more direct stimulus like tax cuts, if they are going to change tack. I am bi-partizan but would not read too much into Balls improved rating TBH.
Blue62 said:
I would rather see a more direct stimulus like tax cuts, if they are going to change tack.
It does make you wonder. Except, of course, we now have a rich tradition of "giving money to banks" and it would be such a shame to change direction. Maybe HM gov't is hoping the banks will see the money invested into something worthwhile rather then just spent on booze and fags. Judging by their track record that's some hope!!Riff Raff said:
Did anyone hear Balls on the Today Programme this morning? He got a bit of a kicking from Evan Davis I thought. Didn't come across at all well.
Yes, quite a novelty for a R4 presenter to actually challenge a Liebour politician wasn't it.I particularly liked the bit where Balls was asked what impact he had worked out a VAT would actually have on the economy . . . and he couldn't answer! Waffled something about not wanting to work out an answer on the spot, but hasn't he been arguing for such a cut for months now?
colonel c said:
Well not quite Mr Balls up but not good reading for Mr Osborne.
Since when did labour have any sort of reputation for economic credibility? One of the funniest things I've heard for a long time.The Press Association said:
It is the first time the shadow chancellor has outpolled Mr Osborne in a survey for the company since the general election, and will be taken by Labour's high command as a sign that the party is winning back its reputation for economic credibility.
Edited by colonel c on Friday 15th June 12:31
Who the f
k do they ask in these surveys?The coalition isnt contrasting very well against labour.
Id suggest that both parties are pretty incompetent.
Where is the infrastructure investment?
Who cares about encouraging retards to borrow more money in a recession! Thats the most stupid plan ever.
Well aside from QE which achieves nothing that is..
Id suggest that both parties are pretty incompetent.
Where is the infrastructure investment?
Who cares about encouraging retards to borrow more money in a recession! Thats the most stupid plan ever.
Well aside from QE which achieves nothing that is..
ringram said:
Where is the infrastructure investment?
Who cares about encouraging retards to borrow more money in a recession! Thats the most stupid plan ever.
Well aside from QE which achieves nothing that is..
Well Keynes thought it was a good idea. Is Keynsianism now completely discredited?Who cares about encouraging retards to borrow more money in a recession! Thats the most stupid plan ever.
Well aside from QE which achieves nothing that is..
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