Lets have a look at his pledges and break them down.
Rise in minimum wage
This at first glance seems like a great thing to be doing to help those well less off in society but when you really look at it this means nothing… why do i say this means nothing? well, all will become apparent later in this blast of consciousness (re:child benefits… last pledge).
- Cut in business rates
- Mansion tax on properties worth over £2m
A meaningless attempt to make the poor think the government are doing something against the rich when the fact is if you can afford to live in a house that’s worth over £2 million then this tax probably doesn’t worry you a bit. The funny bit about this pledge is that is it another that takes me right back to situations i see at work every day within the Council Tax system.
- 20-month freeze in energy bills
Ed, Im sorry but this is an absolute steaming pile of horse crap! a 20 month freeze does NOTHING to take the totally unfair tariffs we are currently forced to pay and will do even less to help bring people out of the current fuel poverty we live in (winter is coming, i am actually 100% dreading it as Winter now means £700 more debt … the joys of living up north!).
- Jobs guarantee for young people
I would personally love for a politician to come out and just not say this as it is one of the most redundant comments any politician can make as it stands to reason we want to guarantee jobs for young people, the irony is that is is very easy to guarantee jobs for young people … all you need to do (well, one of the easier options) is to rather than constantly pushing up the retirement age to a point where they will expect us to work till we are being read our last rights simply just lower the age, the sooner people retire the sooner the proverbial torch is passed to the next generation.
- 50p top rate of income tax
This i have no problem with as long as any money raised from it is actually put to good use by balancing the current wealth divides that exist within the UK, again though this is one of these pledges which aims to resonate with the working class voters which the Labour party have alienated in the last 6 and a bit years but wont be worth anything if they continue with the Tory/libdem / new labour mantra of making the rich richer.
- Scrapping the “bedroom tax
In my opinion this should have been the first pledge Ed made in this speech as it is potentially the most important as at this very moment people who through no fault of their own (blame the Tories for that one, do your research on “right to buy”) are every week forced that little bit more into rent arrears thanks to this barbaric cost cutting measure! Scrapping the bedroom Tax should not be a maybe, it should be a definite although the way Mr Balls speaks in this speech he is aiming to give with one hand by scrapping the bedroom tax but as we will see in the next pledge it could be a very pointless effort.
- Extending the 1% cap on child benefit rises to 2017
And finally, we get to the part of this speech where for me anyway it all falls apart and every pledge made is thrown in the fire as its shown to be a complete sham. In enforcing this cap (which is a lower than inflation rise) on child benefit take every bit of good Mr Ball’s has made in the previous pledges he made today and turned every one of them into a half arsed promise to give the people who are currently forces into debt false hope with one hand before cruelly snatching it away with the other hand.
My final view…