Cabinet reshuffle

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AndrewW-G

Original Poster:

11,968 posts

223 months

Saturday 30th May 2009
quotequote all
Balls for chancellor biggrin

http://www.timesonline.co.uk/tol/news/politics/art...

Nice to see winky really scraping the bottom of the proverbial barrel with the next reshuffle, could somebody please tell me exactly what qualifications balls has that would allow him to run the economy of this country?

The only consolation is that this time next week he'll hopefully be on his way out of Downing Street for good

Gunny Sergeant D

2,248 posts

246 months

Saturday 30th May 2009
quotequote all
Winkies economic policy is not actually winky - it was Balls who got us into this mess.

From his Wikipedia entry...

His career began as economic leader writer at the Financial Times (1990–94) before his appointment as an economic adviser to the then shadow chancellor Gordon Brown (1994–97).

In 1994, in a speech written for Gordon Brown to give to an economics conference, he used the phrase "post neoclassical endogenous growth theory",[2] which was picked up on and gleefully recounted later by Michael Heseltine, who coined the humorous quip: "There you have it! The final proof. Labour's brand new, shining, modernists' economic dream. But it's not Brown's - it's Balls"[3]

As Labour swept to power in the General Election of 1997 he continued as an economic adviser to Brown, who was then Chancellor. He then served as chief economic adviser to HM Treasury from 1999 to 2004, in which post he was once named the 'most powerful unelected person in Britain'.[4]

In July 2004 he was selected to stand as Labour and Co-operative candidate for the parliamentary seat of Normanton in West Yorkshire, a Labour stronghold whose MP, Bill O'Brien, was retiring. He stepped down as chief economic adviser to the Treasury, but was given a position at the Smith Institute, a political think tank with extremely close ties to Gordon Brown. He was reportedly paid £100,000 for less than a year's work