Word: japanned
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...number of free trade agreements in place since Bush took office. The president has done an admirable job under trying worldwide economic circumstances, and as a result America’s 2008 Gross Domestic Product growth was higher than that of the United Kingdom, Germany, France, Italy, Spain, or Japan, as well as the average for advanced economies, according to International Monetary Fund projections. President Bush has also made an unprecedented effort to reach beyond our borders and save lives overseas. His efforts to fight AIDS in Africa have been extraordinary. In Vice President-elect Joe Biden?...
...with metronomic precision. But as Asia faces a global financial crisis, flexible and responsive leadership is all the more crucial. While the specter of economic mayhem catalyzed one of the most dynamic presidential campaigns in recent U.S. history, it has done little to spur Asia's democracies into action. Japan's parliament is unable to decide on an economic-reform package, while Malaysia and Thailand engage in partisan politics that has little to do with how to shield these export-led economies from a slowdown in the West. Indeed, Asian governance is failing in democracy's most basic undertaking...
...Building Checks and Balances Traditional Asian deference makes it easier for one party to keep a stranglehold on politics, its power feeding on itself and undermining real opposition. Malaysia and Singapore have each been controlled by one party since independence, while the Liberal Democratic Party (LDP) dominates Japan. "The LDP has been in power for more than 50 years," says Arne Fahje, a constitutional expert in Tokyo. "That doesn't work in a democracy, and it's not good for the country...
...lead, and the electorate duly votes them in. Sri Lanka, Indonesia and the Philippines have all elected daughters of former leaders to helm their countries, while the man who's set to assume the top post in Malaysia in March is the son of a former Prime Minister. In Japan, the current premier is the grandson and son-in-law of ex-premiers, while his two immediate predecessors were the son and grandson of Prime Ministers respectively...
...person interested in reality, I much appreciated Michael Kinsley's Essay on the government stimulus package [Dec. 15]. The media regularly say the "taxpayer has been hit again." I don't recall my taxes being affected. Rather, we have borrowed again, and not from fellow Americans - but from China, Japan and other countries. Have we come to the point that we may have more clout in the world militarily but others have more clout economically? I have read that what really brought the U.S. out of the Great Depression was World War II. Could it be that what brought...