by Atul Hatwal
Today, Labour remembered the deficit. Good, it’s long over-due. The party senses an opportunity, one last chance to reduce the Tories’ double digit lead on the economy.
The theory is clear. George Osborne’s draconian spending plans are just too apocalyptic for the public. He’s opened up political space for a middle way, for Labour to triangulate and offer a deficit reduction path that does not necessitate taking a meat cleaver to the welfare state but does show a clear route back to a balanced budget.
The polls seem to back this approach. In yesterday’s ComRes poll, 52% agreed with the proposition that “it would be better to slow the rate of spending cuts even if it makes it take longer to get the country’s finances back on track” while just 25% disagreed.
Ed Miliband and Ed Balls are both on our screens today promising this middle way, hoping for a route back into the economic debate.
Unfortunately for Labour, and the country’s future, Miliband and Balls are going to be disappointed.
There is a strategic flaw at the heart of the party’s approach: Labour strategists have forgotten how to triangulate.
For triangulation to be effective, three conditions need to be met: there must be defined positions to the left and right on a topic which opens space in the middle, the public need to be dissatisfied with the polarised positions on offer and to trust the party or politician that is triangulating, to deliver on their centrist commitment.
It’s certainly true that George Osborne’s vision of austerity-max has shifted the Conservatives further to the right on the economy than their previous positioning. The much publicised IFS judgement that the cuts would take spending back to 1930s’ levels has resonated, with Osborne’s personal ratings taking a palpable hit – in the aftermath of the Autumn statement, YouGov found his net approval rate dropped from -8 to -11.
But the problem for Ed Miliband is that the left flank is occupied by Unite, most of the union movement and a fair proportion of the PLP, including some shadow cabinet members.








