Word: social
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...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...
...expense in battling the crisis. The result is a deficit of unprecedented size but with no perceptible pressure from financial markets to reduce it. No pressure so far, at least. The federal debt, at $7.6 trillion, is now above 50% of GDP and rising. The government faces commitments to Social Security and Medicare that dwarf that figure. Republican congressional leaders have decided they care about deficits again - and seem to be making headway in public opinion. The prevailing winds will shift one of these days. Because deficits don't matter, until they...
...texting ("Unless the situation is extremely urgent, text-messaging is not an appropriate way to communicate in a professional setting"); smiley-face emoticons; overly familiar salutations or sign-offs (forget "ciao" and "cheers"); or ungrammatical, unproofread messages. Jones warns that getting too frisky on social websites like MySpace, Facebook and Twitter can be career suicide: "Job candidates across any number of industries--from bankers to police officers--have been weeded out due to inappropriate postings on these personal pages...
SuperCorp: How Vanguard Companies Create Innovation, Profits, Growth, and Social Good By Rosabeth Moss Kanter; Crown Business; 322 pages...
...been a player in Japanese politics for 30 years--no fewer than 46% of its Diet members will be first-time parliamentarians. But voters were prepared to take a chance on the new team, hoping it will have fresh ideas to address Japan's protracted economic malaise and growing social ills...