Wednesday 13 November 2013

ED BALLS, CHAMPION OF THE MIDDLE CLASS

Last night Labour put forward a motion to stop the Bedroomtax (spare room subsidy) depending on your definition of taxation. But considering that Labour are championing the working class and the parts of our society that they wheel out when they want their vote. Where was some of their missing MP's?

This is where Ed Balls was. link

Larry Summers and Shadow Chancellor Ed Balls to Co-Chair New Group Focused on Developing Solutions to Spur Middle-Class Growth
Washington, D.C. – As President Obama addressed the nation about the importance of growing our economy from the middle-out, a new Center for American Progress commission co-chaired by former Treasury Secretary Larry Summers and Shadow Chancellor Ed Balls convened for the first time today to examine how globalization, the information technology revolution, and dramatically changing demography are contributing to increasing economic inequality in developed nations. The transatlantic commission on inclusive prosperity will be comprised of high-level American and international policymakers, economists, business leaders, and labor representatives.
“As many developed countries continue to experience downward pressure on wages for the middle class, it is absolutely essential we bring together the brightest minds to develop solutions to achieve more broadly shared prosperity,” said Neera Tanden, President of the Center for American Progress. “The Center for American Progress is thrilled to gather this dynamic group of renowned thought leaders to chart a road map that addresses the epidemic of increasing inequality and inadequate job creation now and in the future.”

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