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    Ah the Fabian Society..first came across it in my schooldays when studying that 'other' Irishman of note...George Bernard Shaw! I believe it calls itself a think tank these days but in those old days it was a left wing socialist society with the noted philosophy of a fair wage and fair deal for all classes. Although they would have put it rather more intellectually themselves Im sure. GBShaw was one of those intellectuals...it attracted some leading society figures in its day..those of a more radical bent of course. Any talk of socialism over well-to-do dinner those days was enough to give a person dyspepsia.

    I suppose the most headline worthy thing Ed Balls said is that he would support the coalition's pay freeze in the public sector. I can see where he is coming from here. With money in short supply higher wages would inevitably mean less people working. If the budget is z amount then you can only squeeze a certain amount of people into z amount. Make the individual wage higher and you can squeeze less people into z amount.

    Of course in true Labour fashion he blames George Osborne for the series of mistakes that has left us in our current plight. All cuts and no stimulus is basically what Ed Balls is saying re George.

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