Japan faces policy tradeoffs amid domestic reforms and foreign policy tone
In a guest editorial The Asahi Shimbun argues Japan must balance domestic issues such as the consumption tax pension reform and birthrate with an outward focus on foreign policy. It urges a suprapartisan think tank to upgrade Japan s foreign policy skills and enhance soft power through experts and cross sector collaboration.
MENTIONED IN THIS ARTICLE
Japan
U.S
Asia
DPJ
Suprapartisan
Asahi Shimbun
Tokyo
New economic clouds threaten global recovery, warns analysis
The piece argues US signals show falling home sales, weaker manufacturing, higher unemployment claims, and job losses, risking a W-shaped downturn. It urges continued stimulus, warns Ontario and others against premature deficit cuts, and critiques calls to tighten spending despite fragile recovery.
MENTIONED IN THIS ARTICLE
United States
U.S
Ontario
G20
Kevin Gaudet
Canadian Taxpayers Federation
Portugal
Italy
Greece
Spain
Ottawa
New Mexico Leader Faces Budget Strain and Pay Cuts
Albuquerque Mayor Richard Berry proposes 5 percent salary reduction for himself and 2.47 percent for police and firefighters as city aims to close a budget gap. The plan targets unions led by AFSCME and would reduce annual pay by about 1358.50 for a 55000 salary, amid broader concerns over national economy and job losses.
MENTIONED IN THIS ARTICLE
Obama
Treasury
Tim Geithner
Europe
Oslo
Barcelona
Spain
Land of the
Free
Franklin Roosevelt
Tom
New Mexico
Alba
Albuquerque
Richard Berry
Berry
Afscme
American Federation of State
New Mexico News Services
Tax fairness debate on earnings and drafts in America
The piece argues that tax policy rewards wealth while letting the poor pay little or nothing. Citing the 2007 CBO data, it notes the top 20 percent paid 70 percent of federal taxes while the bottom 40 percent paid none. It warns democracy risks voter generosity from the public treasury.
MENTIONED IN THIS ARTICLE
Congressional Budget Office
CBO
Obama Koreans Free Trade Pact May Boost Jobs
The White House backs a South Korea free trade pact seen as boosting U.S. exports by about 10 billion dollars annually and potentially creating thousands of American jobs. Republicans praise the deal while labor unions oppose, arguing it will not preserve fading manufacturing jobs. The pact awaits congressional action with Obama hoping to resolve lingering issues early next year.
MENTIONED IN THIS ARTICLE
Congress
Department of Labor
MacGruber
Washington
Obama
White House
South Korea
Capitol Hill
Bush
Seoul
Dave Reichert
Washington State
U.S
Reichert
Labor Movement
Richard Trumka
Afl-Cio
Also Mentioned on This Page
Globalization
Wee
Ques
NFL
Pittsburgh Steelers
Detroit Lions
Tax Policy Center
Trumka
Corie and
Steven
Roberts
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