Labour's new shadow chancellor Ed Balls was presented with plenty of ammunition with which to attack the government this week. As well as the release of negative growth figures there was a damning speech from the outgoing head of the CBI, Sir Richard Lambert. But Ed Balls is seen as a divisive figure in his own party. Will Ed Miliband live to regret the appointment of his former Brownite rival?
On the panel we have Guardian commentators Julian Glover and Michael White and alongside them, political columnist Gaby Hinsliff.
Also this week, the home secretary Theresa May announced plans to change anti-terrorism legislation. Shami Chakrabarti, director of human rights group Liberty, tells us that while many of the new measures should be welcomed, the move to abolish control orders has been fudged.
And finally we hear how Barack Obama used his annual state of the union speech to draw parallels between the present day and how United States was spurred into innovative action after the launch of the Russian Satellite Sputnik in 1957.
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