Ed Balls has just called me up about my post from this morning , hopping mad. He instructed me to “take that post down now”. I thought he was joking: has there been some change to the constitution where ministers now have power over the media? But he was deadly serious. “You should not call me a liar,” said Balls. I told him that if he doesn’t want to be called a liar, “he shouldn’t tell lies”. His defence is that his point about debt is a Brownie, not a lie – okay, he didn’t put it quite like that. But when he said “debt” he referred to the “ratio of national debt to gross domestic product” which is forecasted in the Budget to start falling in eight to nine years time. Now the Budget, of course, has a “horizon” running out in 2013/14: there are literally no plans beyond that.

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