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...Paralysis isn't unique to Japan; it appears to be a common affliction throughout the developed world. But by looking at Japan, we can get a good idea of the damage it can do. Unwilling to make hard choices, the government simply threw taxpayer money around, attempting to keep people employed without fundamentally changing the economy. The result is government debt approaching 200% of GDP. Overly protected at home, Japan Inc. has missed out on the globalization game; its companies, unable to adapt to a changing world, are losing global market share to more nimble competitors. The nation that once...

Author: /time Magazine | Title: What Japan's Years of Paralysis Teach America | 3/29/2010 | See Source »

...Nevertheless, just around the corner from the school is a Protestant church, as well as a Starbucks and a Dunkin' Donuts. For all its recent conservative leanings, Indonesia is hardly in danger of turning into a theocratic state, and the nation's pluralistic underpinnings are something Obama will doubtless celebrate during his visit. Predictably, some hard-line Islamic groups have already gathered across the nation to thrust their fists in the air and chant anti-American slogans. But their numbers, so far, have been limited. What reigns in Indonesia, instead, is waning optimism for Obama's efforts to re-engage...

Author: /time Magazine | Title: Why Obama is Disappointing Asia — Even in Indonesia | 3/29/2010 | See Source »

...first year in office, Obama authorized the addition of 51,000 troops to Afghanistan. There are currently more than 70,000 U.S. troops in the country, according to Lt Gen. Douglas Lute, the top Afghanistan official on the National Security Council, a number that is expected to peak around 98,000 before withdrawals begin in July of 2011. In two major reviews in 2009, Obama also redefined the U.S. mission in Afghanistan, moving away from the stated Bush Administration goal of building an independent Afghan government to the goals of denying Al Qaeda a save haven and preventing a Taliban...

Author: /time Magazine | Title: Obama's Afghan Visit: Progress and Prodding | 3/28/2010 | See Source »

...Obama met with McChrystal and Eikenberry. This was followed by a visit to the base hospital where the President met with the wounded. That was followed by a tour of a mess hall, where the President worked the room as Michigan State played Tennessee on the television screens hung around the walls. (Before Obama entered, White House aides had the channel changed on the television, from a motorcross event to the NCAA tournament.) "Let your families back home know that we know they are going through some sacrifices too," Obama said as he left the mess hall...

Author: /time Magazine | Title: Obama's Afghan Visit: Progress and Prodding | 3/28/2010 | See Source »

...pictures of people around the world watching Obama's Inauguration...

Author: /time Magazine | Title: Obama's Afghan Visit: Progress and Prodding | 3/28/2010 | See Source »

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