Gerald Curtis's article in the Financial Times deserves a response from me as well. The short version of my response is that I agree with Tobias: the fact that the DPJ will not be able to avert a depression is not sufficient reason to write them off.The longer version is this: Curtis is right when …
Tag: structural reform
A pox on both their houses?
Writing in the Financial Times, Columbia's Gerald Curtis laments the impotence of politicians from both the LDP and the DPJ in the midst of a historic economic crisis.The LDP, he writes, is "like the proverbial deer staring into the headlights...paralysed by fear rather than energized by it." But the DPJ is little better, as he …
Aso calls for a new Japan
Prime Minister Aso Taro, having had his second stimulus package pass the Diet Tuesday, appeared before the Diet on Wednesday to deliver his latest policy address.Rhetorically, the address contains few surprises. In the opening sections, in which Mr. Aso addressed the principles behind his policies. He spoke of the "once in a century economic crisis" …
Recommended book: Curing Japan’s America Addiction, Morita Minoru
For Morita Minoru, a longtime political commentator, something is rotten in the state of Japan."Japanese politicians," he writes, "have made serving the American government a priority when they should be focused on serving the Japanese people. Japan has lost its sovereignty to the United States. Our nation has been invaded and occupied by invisible forces."The …
Continue reading Recommended book: Curing Japan’s America Addiction, Morita Minoru
Mr. Watanabe’s rebellion
On Wednesday the House of Representatives voted on a DPJ-backed resolution calling for an immediate dissolution of the lower house followed by a general election.Watanabe Yoshimi broke with the LDP and voted for the resolution, backing his words with action. He stated that he was prepared for whatever punishment the LDP intends to mete out …
The end is nigh
I have previously speculated on the consequences of Aso Taro's becoming prime minister for the future of the LDP.In this post, for example, I wrote, "...If the conservatives retake control of the LDP under Mr. Aso and reunite with Mr. Hiranuma, that alliance could prove fatal for the LDP, as the readmission of Mr. Hiranuma …
Nakagawa’s fantasy world
For once I'm not talking about Nakagawa Shoichi.Nakagawa Hidenao, onetime LDP secretary-general under Prime Minister Abe and now the putative leader of the LDP's Koizumians, has written a series of posts at his blog over the past week, starting with one on 19 July in which he criticized the DPJ for its "former Socialist Party …
Maehara backs down?
The DPJ is increasingly focused on its forthcoming leadership election, the date of which has been set for 21 September, with the campaign's official start set for two weeks prior.The DPJ's anti-Ozawa groups have still not agreed upon a candidate to stand against Ozawa Ichiro, while Hatoyama Yukio and Kan Naoto have both expressed their …
Fukuda the survivor
With the regular Diet session entering its final week (or penultimate week), it's possible that Prime Minister Fukuda may emerge from the session stronger than seemed possible.His bolstered stature has less to do with personal victories — the pork-and-patronage members of the LDP are no less angry with his leadership than before, and he still …
The LDP’s dilemmas
Yamamoto Ichita, taking a break from rocking out, writes of the divide between LDP veterans and youngsters in the debate over Prime Minister Fukuda's plan to shift the special road construction fund into the general fund from 2009.The question is how the prime minister should proceed. At present, the HR will be voting next week …