Thanks to Luke Johnson for voicing what everyone is thinking in @cityamforum this morning!
Conference is about appealing to your base. To suggest Labour will clobber private business is disinformation. Miliband may be useless, but the lurch to the Left is not likely, otherwise Labour can forget power for a generation or two.
Regarding Anthony J Evans’s criticism of Obama’s jobs plan, we can of course guarantee that when politicians or other members of the elite (including academics) attempt to “create jobs” they make a hash of it to some extent. The solution to that is to create jobs by putting spending power into the hands of the consumer, and then let the free market decide what jobs are created.