BREAKING NEWS

BREAKING NEWS

Japan hopeful after historic political change

Now Reading:

Japan hopeful after historic political change

Text size Aa Aa

After leading an electoral revolution, the real hard work lies ahead for Japan’s next prime minister.

Record unemployment and tattered public finances will be among the urgent issues in Yukio Hatoyama’s in-tray. But, for now, he can simply savour the fact that his Democrats have won a landslide victory, ending half a century of almost unbroken conservative rule. The nation is very angry with the long-ruling LDP Hatoyama said, thanking voters for their support. Outgoing prime minister Taro Aso has taken responsibility for his pro-business party’s historic defeat, saying he would resign as its leader. His efforts to persuade the electorate that only his experienced conservatives could help Japan get back on its feet failed to convince. The country has instead embraced the Democrats’ pledges, such as increased welfare spending. The Democrats however are untested. And in tough economic times, they will have to move quickly to retain voters support.