"The US House of Representatives, passed a spending cuts bill Republican-led - fear of government closure in conflict
http://www.bloomberg.co.jp/apps/news?pid=90900001&sid=aOeYngHPz6MM
US House of Representatives plenary session on Wednesday, passed a bill to cut at least $ 61 billion the spending of this year's budget. Confrontation with the Democratic Party is stronger Concerning the budget, there is a fear of government closure. House Republicans have a majority.
House of Representatives after the deliberation that more than 90 hours, favor 235 of the same bill, it passed in the opposite 189, were sent to the Senate.
Senate Democrats already shows a policy that does not accept the spending cuts, even President Obama said the bill have expressed the veto also been established in Parliament. US Congress is next week recess filled, Democrats and Republicans is little time to find a compromise On budget. The current provisional budget in the period March 4, unless a new provisional budget is established, fall to the government closure.
Lead Senate Majority Leader of the Democratic Party requested the negotiations towards a compromise in the Republican Party. Pelosi House of Representatives Majority Leader submitted a provisional budget for the March 31 deadline. "
Tea party since (tea-party) system Republicans one after another was born last year in November mid-term elections, the United States is about to be run out of the rudder toward austerity.
In the State of the Union speech the other day of President Obama,
"The past two years, we began reconstruction work in the 21st century. This project is meant to give a job thousands of to the decline the construction industry. Tonight, I propose to further double these efforts .
To work to repair a broken nearly roads and bridges, and to further devote a lot of Americans. It can be reliably of the of their salary for is paid, to attract private investment, and not for politicians, you want to choose the best business for the economy. "
Once, I had been saying the truly your most things, is I think that it is difficult to promote realistically ↑ this legitimate route. After all, it Republican victory in midterm elections under the banner of the "small government" is, they've been holding the majority of the House of Representatives.
By the way, Beina House chairman of the Republican Party, the present bill,
"It is a bill to release the economy from spending that unbridled"
And, we have described. In contrast, Pelosi House of Representatives Majority Leader is,
"Spending cuts bill, inhibit the economy."
And, we are not have strong opposition.
The familiar in Japan,
"After the collapse of the bubble economy, whether the government should reduce the fiscal consolidation on whether? Austerity should be the fiscal stimulus?"
In the presidential election of the Liberal Democratic Party, "Koizumi vs Kamei," "Aso vs Yosano" controversy that has surfaced in the form such as is, I is not trying to Ikitsuko until it end up in the United States.
More that Republicans hold the House of Representatives of the initiative, austerity faction is victory possible, is extremely rich for now. When this happens, the American economy, and thus the world of economy, no longer the only entrust expected to quantitative easing one of FRB.
There, in the domestic demand for funds is not increased, what happens when the government would narrow the spending? That in the case of Japan, "government bonds are bought", but the flow of a certain meaning in sound money occurred, the United States dollar is after all is the settlement currency of the world. The expansion of the commodity bubble, I think the possibility that confusion occurs in such emerging economies is that it extremely thick (the other, but has become a serious thing in the Middle East).
Well, speaking of the provisional budget, likely to be interim budget since April also people of Japan have considerably increased.
"Cabinet support rate of 20% since its inception lowest Asahi Shimbun poll
http://www.asahi.com/politics/update/0221/TKY201102200509.html
According to the Asahi Shimbun is 19, the 20th national regular public opinion survey was carried out (telephone), Naoto Cabinet support rate, but at 20 percent, it was the lowest since the Cabinet launched last year in June. The best in the 62 percent disapproval rating. In addition, where you heard about the advance and retreat of Prime Minister Naoto Kan, at the 49% "I want to quit soon", exceeding 30% of the "I want to continue."
Cabinet support rate, Democratic representative election is met last year in September was close to 60%, and continues to drop then, in December last year recorded 21 percent of the record low. But recovered to 26 percent in the survey after the Cabinet reshuffle, which was carried out in January (not support 54%), and fell again. When political parties support viewing Separately, it decreased to 62% from 69% last January in the Democratic support layer. Even independents, which accounts for the entire 5% or more of, it fell from 14% to 11%. (Koryaku) "
"Headquarters Poll: Kan Cabinet support 19%" early dissolution "60%
http://mainichi.jp/select/seiji/news/20110221k0000m010067000c.html
Mainichi Shimbun of 19, the 20th both days, was conducted a national poll. Cabinet support rate was 19 percent, down 10 points compared to the previous survey, which was conducted in January immediately after Kan re-remodeling Cabinet inauguration, since 09 years of the September Democratic administration inauguration, I'm interrupted for the first time 20%. The maximum in the non-support rate of 60 percent (previous ratio 11 percentage points) Kan administration. Majority is under different "twisted Diet" in the Diet, the outlook for policy implementation has reached Tsukazu, to answer 60% of the "should be carried out as soon as possible" is also about the next lower house election (same). By support rate has plummeted to 10 percent base, of the government administration of Prime Minister Naoto Kan made more strict it's inevitable.
◇ proportional voting destination Liberal Democratic Party 26 percent, the Democratic 21% (Koryaku) "
Far more than the Cabinet support rate fell, budget-related bills passed by the Kan Cabinet would be little hope. Given the common sense, to make a Caretaker Government that assumes the snap election, budget and How can a general election in exchange, decent support to the Democratic Party is difficult to expect.
After all, the provisional budget, rush to unified local elections in the ultra-low support rate. Even ended in crushing defeat of more than crushing defeat expected, but the Cabinet does not resign, the general election even without, let alone Mamanaranai Parliament administration, while there is a situation where the provisional budget of the deadline approaches, the Democratic Party leadership,
"Opposition that is not me through the budget, but especially because of the Liberal Democratic Party!"
"It's because of the media in which the coverage of reducing the support rate!"
"Unified local did not let me win the election and blame of the Japanese people!"
Etc., and it rolled to blame the people, "not the other disbanded, and Kaito white!" From the Japanese people and you will have think As will wind up in exposure to such a ferocious hoot.
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