Word: paines
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This is the moment Japan watchers have long feared. Although the country is enduring its fourth recession since 1990, government largesse has prevented most citizens from feeling the pain. These days the debt crisis is squeezing almost everyone. In Tokyo's parks, permanent communities of homeless live under standard-issue blue tents. As for homeowners, real estate values have declined to 1982 levels, which means houses now are often worth less than their mortgages...
...final indignity, I have just flunked breast reconstruction. Bad enough that I went through all that pain for the sake of vanity, but then I got a massive infection and had to have both implants taken out. I'm embarrassed about it, although my chief cancer mentor, Marlyn Schwartz (who went to the Palm for lunch after every chemo session), has forbidden this particular emotion. So now I'm just a happy, flat-chested woman...
When Japanese talk about their country, they cling to cliché. A resource-poor land ... rising from the rubble of World War II ... Japan as number one. Even in the past decade of flounder and drift, the wisdom was always conventional. Increase government spending ... tighten the belts ... no pain no gain...
...Japan's fatal misstep was to avoid the short-term pain of closing down dud companies and faltering banks after the bubble burst, the so-called "creative destruction" the U.S. allowed in the 1990-91 recession and after the savings and loan collapse of 1988. Tokyo said it wanted to avoid layoffs, that companies would recover when the economy perked up. The real story is that Tokyo's instinctive reaction has been to dole out government contracts to construction companies and make banks provide cheap capital to keep retail empires going. (In January, the government backed a bailout of struggling...
McNally’s play lacks a feel-good ending—it is, in fact, not a feel-good piece. Rather, McNally has constructed a provocative play about the pain of living in a world where the greatest joy is derived from that which is not real. Though art may be transcendant, it cannot alone fulfill one’s existence: Those who insist on escaping the grittiness of life come eventually to recognize the agonizing depth of the divide...