Apart from the above reasons, the current price level is sensitive to the following resistance also:

The top orchestras are determined to hang on to their status as a "destination" orchestra but what if (say) the Minnesota Orchestra ends up becoming a "feeder" for the Chicago or Los Angeles orchestras? To avoid that humiliation, it must crank up its own fees, in order to "maintain quality". Meanwhile those at the top want to increase the gap between themselves and their rivals. So in recent years theres been an absurd spiralling of salaries, and only the stark fact of mounting deficits has finally brought some orchestras (but only some) to their senses.

By calling for an investigation into Jimmy Savile Ed Miliband finally jumped the public-inquiry shark. There are a lot of areas where a bit of good old-fashioned political opportunism from the leader of the opposition wouldn't go amiss. The sexual abuse of children isn't one of them.This is turning into a bad summer for Ed Miliband. I'm not just talking about his battle with Len McCluskey (who, incidentally, doesn't seem to have got the memo about butting out of?Labour's internal affairs. He gave !) In addition, there's . Second quarter growth of 0.6 per isn't a reason to get out the bunting - the economy is still 3.3 per cent smaller than its pre-recession peak - but the signs are positive. For instance, this is the first time since Q3 2011 that all four sectors of the economy are growing. You don't hear Ed Balls using the expression "too far, too fast" any more (possibly because he doesn't want to draw attention to his driving). In fact, you don't hear him saying much of anything these days - unless it's to bang on about the "tax cut for millionaires", which is a bit rich considering that the average tax rate for those earning ?1m was 35.1 per in 09-10 compared to 43.6 per cent in 12-13. The case he made against George Osborne's deficit-reduction programme in ?has now been thoroughly discredited. Contrary to his Keynesian critique, fiscal retrenchment hasn't led to a collapse in business confidence, soaring unemployment and a corresponding fall in demand. In fact, almost one-and-a-half million jobs have been created in the private sector since 2010, unemployment is lower than it was when Labour left office and, according to the latest YouGov/CEBR poll, . Stick that in your pipe, Mr Flatline.

Buying

America's parents aren't happy at this kind of eco-indoctrination. Here's a taste from