Japan's Political Mess Delay in Economic Decision-making

's political situation became chaotic almost gruel.ambitious, in June launched two ambitious
Prime Minister Naoto Kan internal and external,economic plan, one designed to rebuild the financial
attacked front and rear, that they can not calmmedium term fiscal strategy, the other is the new
down and consider the appreciation of the yen,economic growth strategy. However, the main
stocks fell, economic recovery may be imminentcomponent of the financial reconstruction is to
mortality and other issues, fiscal reconstructionincrease the consumption tax, in the Senate
and long-term economic development strategy iselection, Naoto Kan and false starts. Sharply
on paper.divided opinion in the party, Ichiro Ozawa, the
Japanese government and the Bank of Japan forpower to send people resolutely oppose the
yen, on August 30 introduced the basic principleincrease in consumption tax. After the failure of
of specific measures. However, public opinion holdsthe Senate elections, the party Mr Kan Naoto
that shot too slow Japan's economic measures,accusation that Naoto Kan of people to increase
the intensity is not enough, not many new ideas,consumption tax Zuoweizhenglun De focus, Mo,
so lukewarm market response, to no avail. Hereand Ren He who negotiate, was a mistake. Since
are the reasons for misjudgment on thethen, Naoto Kan as much as possible in public, talk
economic situation, but the impact of politicalabout this sensitive issue, difficult to implement
chaos is one of the main factors.medium-term fiscal strategy.
Democratic Senate elections in July this year,The only advantage of the Naoto Kan, the public
after the failure of the ruling party's seats in theopinion support Naoto Kan re-elected, because
Senate is not the majority, once again form apeople do not want a year-for-3 Prime Minister of
"twisted Diet" situation. Naoto Kan himselfJapan; In addition, the existence of political
inappropriately in the elections due to the increasecontributions Ozawa question has not been clear,
in consumption tax as the focus of debate,it may affect the local party members to vote
self-inductance of the failure can not shirkDemocratic However, a small proportion of the
responsibility. Since then, he has been careful tolocal vote, Ozawa, while not dominant, but not all
say things, and nothing has changed compared tolost.
previous one, people do not know what to doIf Ozawa wins, because of its opposition to
next Kan Naoto, so support dropped. The delaysincreasing the consumption tax, to the Democratic
on the appreciation of the yen shot, and NaotoParty firmly on the front of the stage to honor
Kan too careful not unrelated.the commitments made to social security, Naoto
In addition, taking into account the introduction ofKan of the medium-term fiscal strategy will
economic measures, the first problemcertainly be aborted. If Ozawa won when the
encountered is the lack of financial resources, toprime minister, did not absorb the views of
take major action to apply for a supplementaryOzawa's new economic growth strategy may
budget, but in the "twisted Congress" hard by, thestart all over again.
Government can use the money only the 2010If Naoto Kan storm, re-elected representatives to
annual budget reserve fund of 920 billion yen.the Prime Minister, Ozawa led the gang of horse
Therefore, the Japanese government haddoes not rule out the possibility of secession, so it
introduced a number of virtual first eight brain tois inevitable restructuring of Japan's political arena,
inhibit the appreciation of the yen has no directNaoto Kan regime could not long exist, the
role in the measures, such as the establishmentdevelopment of long-term economic plan can not
of the "new strategy to achieve economicbe performed.
growth and promote the conference,". Naoto KanThe best is, no matter who wins, the Democratic
urged the Bank of Japan Shirakawa Fang Ming-lineParty did not split, remain in power either, but
at this time to take action, but also for politicalpeople have been disappointed with the
considerations, because the Sept. 14 DemocraticDemocratic Party, the writer away from Yoko
representative elections, foreign exchangeAugust 31 in the "Asahi Shimbun" published an
intervention measures, if effective, can increasearticle, wrote: "political leadership", " attention to
the weight for his re-election. Japanese analystspeople's livelihood "as a slogan was born in the
believe that truly care about economic issues, notDemocratic Party government, set up last fall
political reasons from the economic measuresafter the election did not fulfill the commitment in
proposed by fewer and fewer.the House, the recently what are confused, and in
Currently, the Japanese generally believe that didSeptember of each other exposing the ugly party
not work because of economic stimuluselections, infighting internal friction, a waste of
measures, the Japanese government should alsotime, the National Democrats have a strong
take further action, but on Sept. 14 before theanxious sense of despair.
election the Democratic Party, Naoto Kan, theCivil strife in the Democratic Party, the LDP barely
main energy is engaged in the election, the politicaldisguised pleasure, is waiting for an opportunity to
space in this time, no matter How the yenseize power, but that can only mean a new
appreciation, are no longer possible new measures.political turmoil, means that Japan's economy
Japan's long-term economic plan also affected bymore and more decline in the political turmoil.
political turmoil. Naoto Kan took office, indeed