In case anyone wasn’t concentrating properly back in August when he made it, here is Balls’s famous Bloomberg speech. It is a superb piece of analysis, and a splendid manifesto. If only it were Balls and not Osborne at No.11 right now.
So when anyone tells you that Balls is a “deficit denier”, send them the link to this speech. Running a national economy is not like running a household grocery budget, whatever the Tories tell you.
Know your history, know your politics, and most of all, comrades, know your economics.