Anthony Painter solves the traditional last minute scramble to finish the leader’s speech by providing a final draft, ready for delivery, four days early
Embargo:1415 02/10/12
Ed Miliband speech to Labour conference, Manchester 2012
*Check against delivery*
It is now half a decade since a financial storm lashed against these shores. A few spots of rain at first then became a torrent and flood. With quick action we limited the devastation but still the damage was still immense. No one was prepared but luckily we are resourceful. And yet, half decade on, we look on at the debris and desolation with a sense of regret: how did we end up here?
It is fine to look back and say what might have been, what should have been. And we all – across the parties – need the humility to admit that more should have been done to spot the weakness in our defences and ensure we were better prepared. Our financial system was not sustainable. Or economy was unbalanced.
Our opponents want to turn this into a party political blame game. I understand that impulse but we all must take responsibility.
And at just the time when trust in our representatives was at a premium, we let the British people down.
They should have been able to expect honesty from those who hold their futures in their hands. And yet, many were on the take. At a time of confusion, we should have been able to turn in trust to those who we expect not to perform miracles but to at least share our basic values. As the expenses scandal took hold that line of trust was broken.
So it is little wonder that people didn’t feel ready to grant any single party a majority in the last election. Trust was broken. The financial storm was vicious. Optimism was lost.
Two years on, and too little has changed. We still are surrounded by the after-effects of the storm. Politicians are held in contempt. In some ways, it is worse: we now also know that certain elements of the media were failing to meet the standards we have a right to expect. I understand very clearly why people would turn away from politicians. And I understand why they think that none of us really have any answers.
Yet we have to move forward somehow. There’s a nation to rebuild. It’s now clear that the austerity-first approach has failed. I’m going to say something very unusual in politics: I think our opponents genuinely felt that they were pursuing the right course. But they got it wrong. Getting a judgment call wrong might be forgivable if you are honest about it and shift course. This they have failed to do.
So my real criticism is their failure to acknowledge their error and reach for an alternative. It was always a risk to cull youth jobs programmes before the recovery was properly established. The same goes for cuts to housing, infrastructure, new schools and other much need investment. It was a gamble. The coalition lost the bet on our behalf.
Again, the blame game is not enough. We must now move forward from here. My question for the British people is a simple one: faced with this challenge what would an ambitious nation do?
Sure, we can turn on one another, we can despair, we can throw the distrust that our politicians have too easily fostered back at the political system. But there is another way. We can understand that the choices are hard, the sacrifices are many, but we can emerge as stronger, more resilient, more optimistic nation once we have rebuilt after the storm. And that is something we simply have to do together- as a nation not as opposing tribes.
Optimism doesn’t require us to shy away from reality, however. In fact, it means we have to face it. That means accepting some hard truths. The deficit will dominate our politics for the remainder of this decade. There is much that we would like to do – cut taxes for the average family, expand social care, child care and invest more in public services – but this may all have to wait. If we find savings or we decide to ask the wealthy to pay more as they can afford more then it will be the deficit not new programmes that takes priority.