Balls can't be shadow chancellor

Under anodyne questioning on WATO from stand-in Brian Hanrahan, Balls has just disqualified himself as a credible shadow chancellor.

He ducked questions about when deficit reduction should start and how long the phasing of it should be, by saying that even discussion of that should wait for two years to see how the economy performed.

So he'd be content to see state debt continue to shoot up. Surely not a credible position.

Can't have done the useless Mrs Balls' aspirations much good either.