The Japanese economy is back in recession. One of the main reasons is the pattern of consumer spending. Ahead of the sales tax increase people made their purchases. Once the tax rise came in they cut back sharply, leading to a fall in demand and output. It was far less helpful in raising revenue to pay for public services than the increase in VAT introduced in the UK, which did succeed in raising more revenue and did not have the same impact on demand as the Japanesehike.
In his second big speech since leaving the Cabinet, he urges Cameron to trigger the process for Britain leaving theEU.
Nigel Farage, the Ukip leader, reveals when he intends to step down – and says his replacement is likely to be awoman
The way they treat women is not the catch – it’s the unspoken main attraction
Sir Mark Worthington bolsters The Freedom Association’s position as neutral territory in the divided right
As Baroness Thatcher’s former private secretary, he is closely linked to something dear to the Tory right and the Toryish wing ofUKIP.
The Chancellor ridicules Mr Alexander for not noticing that there has for years been a key on top of a locked fridge in the Treasurykitchen
Ruth Davidson’s alternative Tory vision for Scotland is a much needed departure from the nationalconsensus
The Labour leader accuses Cameron of being on the side of the rich, and tries to suppress the awkward knowledge that Labour too is on the side of thebosses.
Although the clash with police marred the day, Eleanor Muffitt hopes the student protest will kick-start momentum for the free educationcampaign
They claim it suggests that local voters are right to feel unsafe from immigrants – and say that campaigning as UKIP-lite won’twork.
We need more Parliamentarians capable of earning £1,333 per hour – notfewer.
David Cameron had hoped that the UK’s £650 million contribution to the Green Climate Fund wouldn’t get much attention in the week that the Tories are going head-to-head with Ukip in Rochester and Strood. But there it is, in the newspapers today, with angryquotes.
The most sobering column you’ll read today is the FT’s Gideon Rachman, no doom monger, warning about the risk of a nuclear war. Rachman is concerned about how quick Vladimir Putin’s Russia now is to rattle the nuclearsabre.
Everyone knows that, in general, state schools are better in leafier areas. That’s why wealthy parents pay so much for houses in a good catchment areas: make no mistake, they’re buying their school place as surely as someone who sends their child toEton.
The latest claim isn’t just flimsy, it’s implausible – and a gift to UKIP.
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Across The Pond is edited daily by Steve Parkhurst. Steve is a political consultant, a writer at his blog as well as a Senior Editor here at US Daily Review. Follow Steve on Twitter @SteveParkhurst