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Permanent Tag: Politics Rating: Amazing Hits: 207 Comments: 1 Turning Japanese: Is the US Creating Its Own Lost Decade? Turning Japanese: Is the US Creating Its Own Lost Decade? It wasn't that long ago that everyone in America believed that Japan would soon overtake the United States as the dominant economic force on the planet. When the Japanese stock market rallied to historic heights in late 1989 and Japanese investors even bought Rockefeller Center in New York, it all seemed like a done deal. But then...the Nikkei Index tanked, the nation's economy collapsed, the government responded with an ever-changing mix of tax hike and tax cuts, stimulus spending on infrastructure, massive bailouts of businesses, and more. None of it worked and Japan entered what's been called its "Lost Decade," a seemingly endless period of economic stagnation. What are the lessons for the U.S. from Japan's experience? Reason Foundation policy analyst Anthony Randazzo is the co-author of the recent study "Avoiding an American Lost Decade: Lessons from Japan's bubble and recession" and a July 2009 cover story for Reason magazine, "Turning Japanese: Japan's post-bubble policies produced a 'lost decade.' So why is President Obama emulating them?" As Randazzo explains, both the causes of and official responses to Japan's bubble and economic slump eerily anticipate exactly what the U.S. government is doing. Worse still, the Obama administration and Congress seem dead-set against the sorts of policies?across-the-board taxes on personal and business income, reductions in long-term and unsustainable government debt, and allowing damaged firms to go bankrupt?that would help revivify the American economy. Is America on the verge of its own lost decade? Sadly, the government seems to be doing everything it can to make that happen. Approximately 3.30 minutes long. Produced by Dan Hayes and Nick Gillespie; graphics by Meredith Bragg. User: Pantufas Sep 12, 2009 6:38 AM

Headline Tag: Celebrities Rating: Amazing Hits: 4473 Comments: 11 Ultimate Action Heroes Quotes Collection Ultimate Action Heroes Quotes Collection Dirty Harry, Clint Eastwood as Harry Callahan 48 hours, Nick Nolte The Last Boy Scout, Bruce Willis Assault on Precinct 13, Darwin Joston as Napoleon Wilson Falling Down, Michael Douglas as D-Fens Sudden Impact, Clint Eastwood as Harry Callahan Taxi Driver, Robert De Niro as Travis Bickle Lethal Weapon 2, Mel Gibson as Martin Riggs The Long Kiss Goodnight, Geena Davis Last Man Standing, Bruce Willis Lethal Weapon 2, Danny Glover The Rookie, Clint Eastwood The Brave One, Jodie Foster A History of Violence, Viggo Mortensen Man on Fire, Denzel Washington Speed, Keanu Reeves From Dusk Till Dawn, George Clooney as Seth Gecko Invasion Usa, Chuck Norris as Himself The Warriors, James Remar as Ajax Army of Darknes, Bruce Campbell as Ash Commando, Arnold Schwarzenneger The Adventures of Ford Fairlane, Andrew Dice Clay Jaws, Roy Scheider Die Hard Die Hard 2 Die Hard: With a Vengeance Live Free or Die Hard, Bruce Willis as John McLane The Last Action Hero, Arnold Schwarzenneger Aliens, Sigourney Weaver as Ellen Ripley Air Force One, Harrison Ford as the President of United States Cliffhanger, Sylvester Stallone The Running Man, Arnold Schwarzenneger Pitch Black, Vin Diesel as Riddick Snakes on a Plane, Samuel L. Jackson Cobra, Sylvester Stallone Predator, Arnold Schwarzenneger Crank, Jason Statham The Rock, Nicolas Cage True Lies, Arnold again. Matrix, Carrie-Anne Moss as Trinity They Live, Roddy Piper The Rundown, Dwayne "The Rock" Johnson The End of Days, Big Arnie Kill Bill, Uma Thurman as The Bride Sin City, Mickey Rourke Darkman, Liam Neeson The Crow, Brandon Lee Leon, The Professional, Jean Reno Robocop, Peter Weller Demolition Man, Sylvester Stallone Total Recall, Arnie (he will be back) V for Vendetta, Hugo Weaving Rambo, Sylvester Stallone as John Rambo Matrix, Keanu Reeves as Neo Terminator 2, guess who Terminator, Linda Hamilton as Sarah Connor And the directors: Don Siegel, Tony Scott, Walter Hill, Joel Schumacher, Richard Donner, Renny Harlin, Clint Eastwood, Martin Scorsese, Mark L. Lester, Jan de Bont, Robert Rodriguez, Sam Raimi, David Cronenberg, Steven Spielberg, John McTiernan, Len Wiseman, James Cameron, Wolfgang Petersen, David Twohy, David R. Ellis, George Pan Cosmatos, Mark Neveldine and Brian Taylor, Michael Bay, John Carpenter, Peter Berg, Peter Hyams, Quentin Tarantino, Alex Proyas, Luc Besson, Marco Brambilla, Paul Verhoeven, James McTeigue, Larry and Andy Wachowski and some guy for Invasion USA. Music from The Rookie by Lennie Niehaus (I think) and "Fuckin' in the bushes" by Oasis. Apr 4, 2008 11:24 AM








 
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