Word: reformer
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...then, says a source familiar with his thinking, is that "drug policy, if properly formulated, needs to be humane and responsible to be effective." Since polls show that many Americans support the use of medical marijuana, Walters is expected to be an advocate for marijuana policy reform on this narrow but highly emotional issue...
...truth, Bush doesn't even have that long. Should voters find that his tax initiatives are more placebo than prescription, Republicans will lose their narrow edge in Congress in 2002. That would render the President's plans for things like Social Security reform and national missile defense next to impossible to achieve and leave him limping into the '04 election. So a lot is riding on this giant gift to taxpayers, which the G.O.P. hopes to ram through by Memorial...
...exactly the kind of quick economic fix he has in mind. "How fast can we clean it up?" he asks me as we sit over tea. Five years, I guess. "We think two to three years, but we need to accelerate." The reason for the haste is simple: the reforms are likely to cause unemployment. That puts the reform package into a race with electoral confidence. If voters get fed up before the reforms have time to finish, they may throw Koizumi and Takenaka...
...enough. If reform is really going to work, Takenaka and his planners need to build out Japan's social safety net, providing economic padding--and a political bulwark--for the inevitable layoffs and business collapses. Koizumi and Takenaka also need to go into sales mode, a Japanese version of the Bush road show on taxes. And, on a technical note, Japan needs to let its currency slide. A weaker yen--say, 135 to the dollar--would strengthen corporate profits. The danger is that a sliding yen could set off a round of devaluations, as neighboring economies rush to slash their...
Sometimes one picks up a sign that the country must be here somewhere, like the half-buried Statue of Liberty they came upon in Planet of the Apes. Senator McCain's admirably stubborn efforts on behalf of campaign-finance reform, for example. But the general citizenry does not seem very interested in public policy, does not seem interested in anything, in fact, except the frequent sightings of Alan Greenspan mounting the steps of the Capitol. What about Cash-In America? How's this for a clever title? America: Interest Without Principle...