John Judis lays out why the election is a harbinger of a lost generation. He opines that the US no longer looks like it can resolve its issues via politics and what we can look forward to is an unstable politics of which Japan showed the way.
Posted by Mary at November 3, 2010 08:27 AM | US Politics | Technorati links |
Japan had a remarkably stable leadership from the end of World War II until their bubble burst in the 1990s. As the country has stumbled over the last two decades, unable finally to extricate from its slump, it has suffered through a rapid of succession of leaders, several of whom, like Obama, have stirred hopes of renewal and reform, only to create disillusionment and despair within the electorate. From 1950 to 1970, Japan had six prime ministers. It has had 14 from 1990 to the present, and six from 2005 to the present. That kind of political instability is both cause and effect of Japanís inability to transform its economy and international relations to meet the challenges of a new century.