Oh the joy (of the next 5 months).
The words under and whelming come to mind, as they so often do when the topic shifts to Labour. If you wanted to be extremely charitable, you could say it's an indication of just how spectacularly the coalition has failed that Labour seems to have pinched wholesale two of the Conservatives' pledges from 2010. Alternatively, you could point out it's spectacularly unimaginative and an indication of Labour's chronic lack of ambition for it to be defining itself in the exact same way as the hated Tories did. 5 fricking years ago.
Again, to be fair, we're promised Labour is getting the less pleasant of its pledges out first, with the more unique ones to follow, defined by those all time classic Labour values. Quite why Labour has decided upon the pledge approach in the first place is a difficult one to ascertain: presumably modelled on the 1997 pledge cards (and Christ alive, the photo of Tone on the card is easily as terrifying as this year's Christmas effort), is it meant to bring to mind the good old days when Labour could win a vast majority on the most vacuous of aspirations? They're not even pithy, as the actual pledges amount to three sentences of deathly prose. Cutting the deficit every year while protecting the NHS would be great, if the exact same message hadn't been plastered around the country accompanied by Cameron's suspiciously taut forehead.
Dear old Ed today gave what must rank as one of the briefest speeches of his career, outlining the second pledge, emphasising how he wouldn't repeat Cameron's promise of getting migration down to a specific point, only that Labour would control it, and fairly, that distinction apparently intended for both those pro and anti to interpret as they see fit. Call me picky, but saying you'll control something you cannot still makes you a hostage to fortune in my book. Miliband's audience helped by moving the debate swiftly on, similarly to how the campaigning against UKIP document leaked to the Torygraph suggested Labour candidates do when the topic is broached on the doorstep.
As pointed out by Andrew Sparrow, the briefing paper is about the most sensible thing Labour has said about immigration in months if not years, recognising they're not going to win over the virulently opposed while also suggesting for most immigration is "used as a means to express other concerns". Except as it sort of implies people aren't steaming about immigration directly, and the party for whatever reason has decided to so much as suggest this is the equivalent of not taking legitimate concerns seriously, shadow ministers have all but disowned their own strategy. It's also meant the media can talk about the distraction rather than a boring old policy Labour are only re-announcing anyway.
Still, what a jolly 5 month long general election campaign we have to look forward to. Already the dividing lines are set between Labour, Tories and Liberal Democrats on the economy and the deficit, and they are of course the most absurd caricatures of actual stated policy imaginable. Special marks for dishonesty must go to David Cameron, who managed to scaremonger about a difference between his party and Labour of about £25bn in borrowing terms in the most hyperbolic way possible. Just imagine if there was another crash and Labour was once again racking up the debt! Except, err, if there's another crash and borrowing is only falling by as much as the Tories are projecting it will, there will still be problems, although nothing as compared to elsewhere.
Labour meanwhile is making as much as possible out of the 1930s comparison on everyday spending, which is technically correct, again if the Tories mean what they say, just not particularly illuminating. A better approach would be, as Ed Miliband somewhat tried last Thursday, to set out exactly what sort of state it is most people want. If George Osborne carries through and magics into existence his surplus, parts of government will be left barely functioning, which really isn't to scaremonger: cutting the budgets of departments other than health, education and foreign aid (which surely won't continue to be ringfenced) by as much as needed doesn't look remotely plausible. When the best minds are baffled by what the chancellor is up to, apart from mischief, it deserves highlighting.
Even if we look at Labour's plans in the most flattering light, Ed Balls is still promising to run a surplus as soon as possible, not because it's good economics but as a result of the way the debate has been framed. Doing so is still going to require huge cuts, savings which the party has done the least of the main three to outline. In the grand scheme of things, as Chris and Alex Marsh have so persuasively argued, this doesn't really matter. The real issues affecting the economy are the collapse in productivity, and with it the decline in wages growth. We are though operating in a climate where the difference is between "colossal" and merely "eye-watering" cuts, where the Tories claim to have succeeded on the basis they've more or less reduced the deficit to the level Alistair Darling pledged to, except they've done so on the backs of the poorest, and where it seems personal taxes will never have to rise again, despite government having apparently decided not to bother taxing companies properly either.
There's a third reason I'm not advising Labour. I'd be even worse at it than the current lot.