Populism is popular. Who would have thought it.
No mention of the deficit though and Ed Balls would run a capital deficit and only seek to balance the current budget while also "paying down the debt". I'm not sure how he will manage to do the former and the latter. Gift for the Tories.
The Tories are going to win the most seats, not enough for a majority though, it will happen on the back of EV4EL and continued laser like focus on the economy.
All of this populism from Ed and Labour will allow them to defy gravity until the campaign proper starts and people really think about what a populist government will mean for the economy and their jobs. Exactly the same thing happened in Scotland, the final polls averaged out to 44.5 - 48 to No and the final result for 45 - 55 No, with the last round of DKs breaking for No (or the shy No factor).
Previously I thought Labour would get the most seats, but with Ed hamming up EV4EL so badly and the Tories getting it almost exactly right the pendulum will swing their way, especially in a lot of northern constituencies and in the south west against the rump of the Lib Dems. It won't be billed as a question of constitutional change, but one of fairness for England within the Union, the former would not win any votes, but it has been proved time and again that the fairness agenda can swing a lot of votes in marginal seats, which is why Ed has campaigned on it since he became leader.