Are We Now Japan?

Judis:

If you want to imagine what American politics will be like, think about Japan.... 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.... That kind of political instability is both cause and effect of Japan's inability to transform its economy and international relations to meet the challenges of a new century.