Posted on 07/11/2010 10:00:33 AM PDT by RayChuang88
TOKYO — Prime Minister Naoto Kan said Sunday that he will not resign, even as vote tallies increasingly indicated that his Democratic Party was heading for a major political setback in a midterm election widely seen as a referendum on the struggling nine-month-old government.
With many districts reporting at least 80 percent of the vote counted in the Upper House election, the Democrats were trailing behind the opposition Liberal Democratic Party, with neither party likely to gain a majority of the 121 seats being contested.
The results, if they hold up with further tallying, would be an embarrassing reversal for the Democrats, which last year ended the Liberal Democrats’ long grip on power with a historic election victory, but then got mired in money scandals and a dispute over an American air base.
(Excerpt) Read more at nytimes.com ...
The party then voted in Mr. Kan, who quickly lost popularity after proposing an increase of the national consumption tax and then waffling, raising questions about his and his party’s leadership and ability to guide the ailing economic giant out of its long stagnation.
This proves that people around the world are rapidly tiring of excessive taxes as a means to balance the budget. This will bode BADLY for the Democrats on November 2, 2010, who have to defend the ending of the 2003 tax cuts and the new, higher taxes to pay for health care reform and the upcoming cap and trade energy bill.
Japan is a very weird country in many ways isn’t it? So many contrary things go on at the same time.
This is good isn’t it? Because they’re both socialistic parties, but isn’t the LDP the “conservative party” (more conservative)? Like voting for RINOS over Commies?
The “Liberal Democratic Party” is supposedly the conservative party. Weird, indeed.
The LDP LOVES to tax , too . I live in Japan so know first hand . I could write a book ...
As I understand it, Japan’s even got their own equivalent of the Tea Party now — a group of independent politicians called “Everyone’s Party”, who have managed to win 11 seats (so far) in the parliament on a platform of keeping taxes low and slashing bureaucracies.
Please: (Briefly) Explain it to us because I think we’d like to know who truely are the “good parties” in Jap?
The DP is America-hating and China-loving, so this is good news.
As in the US , there are no “ good “ parties .
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