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...leaders say they want to boost Japan's nonindustrial economy by lowering taxes paid by local businesses, developing new environmental technologies and creating jobs in health care and agriculture. Toshihiro Ihori, an economics professor at Tokyo University, adds that offering incentives to attract skilled foreign labor and multinational companies could produce more investment and boost domestic economic activity, helping to revitalize moribund commercial sectors that for too long have been sheltered from competition...

Author: /time Magazine | Title: A Sea Change in Japanese Politics | 9/14/2009 | See Source »

...income through direct payments like monthly child allowances could stimulate domestic consumption - but far more must be done to restore public confidence. Japan will not reform its economy unless its people feel secure. That's why it's vital for leaders to push ahead with reforms to pension, health-care and unemployment systems. Japan's current social-security programs hark back to an era of guaranteed jobs for life, which places unsustainable financial burdens on companies and individuals. Until modern safety nets are built, it will be impossible to make Japan more efficient and competitive in the global economy...

Author: /time Magazine | Title: A Sea Change in Japanese Politics | 9/14/2009 | See Source »

...thing that sets Kennedy apart, in an international context, is neither his character nor his family: it is that he had a long and productive career as a legislator. The record of his achievements in the Senate, over 47 years, is immense - groundbreaking laws on education, health care, employment, immigration and more. There's an old adage that you want to see neither a law nor a sausage being made, but just as there are brilliant sausage makers, so there are brilliant lawmakers, and Kennedy was one of them - immersing himself in the complex detail of policy, looking for deals...

Author: /time Magazine | Title: Ted Kennedy: An American Legislator | 9/14/2009 | See Source »

...members goes to a larger truth. With power distributed between three branches of government, and between Washington and the states, the U.S. has a distinctly fragmented political system, one that has many pressure points available for those with an ax to grind or a proposal to advance. (Think health-care reform.) By comparison with other democracies, that can make for a messy system of government, in which you can never be quite sure how things will get done, or what players hold strong hands. Moreover, because the U.S. is so powerful, its national system of government is to an extent...

Author: /time Magazine | Title: Ted Kennedy: An American Legislator | 9/14/2009 | See Source »

...producers didn't care whether DeLay could dance or about the scandal; five more of this year's 16 DWTS stars have had minor brushes with the law. They didn't care that he was a politically divisive figure. "You don't get good salad without a bit of vinegar," says Green. They cared about only one thing: Could he play well with others? "Most reality shows are cast for conflict," says Green. "If you cast our show that way, it would break." All the "stars" are partnered with professional dancers, who teach them how to dance...

Author: /time Magazine | Title: Dancing with the Stars: The Tom DeLay Edition | 9/14/2009 | See Source »

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