Sunday, January 16, 2011

Morita: Kan's new cabinet could be 'over at any moment'

From the Mainichi Shimbun comes this report on Prime Minister Naoto Kan's new cabinet. Pundits, including Mr. Morita, are underwhelmed.

Kan seems likely to press for a higher consumption tax rate -- something the Japanese voters don't want for obvious reasons but the US government does. It's yet another example of the Japanese government ignoring the voters and doing the bidding of Washington DC.