The Economy

Part of Opposition Day — [18th Allotted Day] – in the House of Commons at 1:06 pm on 22 June 2011.

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Photo of Edward Balls Edward Balls Shadow Chancellor of the Exchequer 1:06, 22 June 2011

In one second.

For the first time in 14 years we have a Chancellor and a Prime Minister who are on the sidelines, silent, irrelevant and ignored. I believe that whatever the outcome of the present crisis—whatever happens in the eurozone and to Greece—people will say that we had a Chancellor of the Exchequer who was not there, who did not deliver, who was out of his depth, and who could not contribute to the long-term reforms that were needed.