Jonathan Todd

The evocative sound of a blind busker whistling Jerusalem resonated around the vast tube station as I emerged at Canary Wharf. This was apt as I was on my way to see Ed Balls speak at tonight’s Open Left event. Praise from Irwin Stelzer in this week’s New Statesman may have further fortified Balls to not let his sword sleep in his hand:

“Remember, Brown and Balls got it right when the financial crisis hit; this puts Balls in the best position of all the candidates to point out that the Tories got it wrong. And it is economics that government will be all about for the foreseeable future, for the solution to the deficit problem will determine the scope of the welfare state.”

Certainly, this economic credibility makes Balls an asset to our party and tomorrow morning he will turn his economic fire on David Cameron and George Osborne. While his speech tomorrow will rightly stress the importance of having a strategy for growth, this can’t be at the expense of Labour credibility on the deficit. Part of this credibility is itself about having a growth strategy, as the deficit will be far more manageable in a growing economy. It is also, however, about tough choices on taxes and spending, which, as Pat McFadden has sensibly argued, crafts a Labour response to the deficit that is about neither Thatcherism nor denial.

At the Open Left event, Balls lamented the failure of Gordon Brown to more straight-forwardly make the case for the socially just Britain that they both believe in. “In a 24-7 media age”, Balls said, “you can only win by being straight, open and authentic”. This is as true about the tough choices that we now face on economic policy as it was about Brown’s political philosophy and motivations.

Oddly enough, this reminded me of some advice that Bruno offered to Brown at the London premiere of Sasha Baron Cohen film. “Admit who you really are”.