U.S. and Japan have a few similar political and economic
patterns; even Japan
has favored group interests and cultural values in running the national
political ideologies and government-guided economic policies. U.S Congress,
both houses, is controlled by Democrat and Republican for centuries compared to
Japan’s the Diet influenced and controlled by two big parties – Democratic
Party of Japan and Liberal Democratic Party – and other smaller parties –
People’s Life First, New Komeito, Your Party and others. Japan’s Prime Minister Candidate is
nominated by the winning party at the lower house of the Diet. That party will
choose the current president of the party as New Prime Minister of Japan. The
new Prime Minister will choose members of the new cabinet. U.S. Congress runs
with two houses – Senate and Representative. A senator has a 6-year-term office
and a representative has a 2-year-term office. American voters choose a
candidate for White House each very-four-year. Republicans and Democrats will
nominate their U.S. President candidates for U.S. President Election. Japan and U.S. also approve new policies by
opinions and decisions of legislators – members of U.S Congress and members of
the Diet.
U.S. and Japan
governments have prioritized a certain degree of government funds or
subsidiaries into key industries, agriculture, and renewable technologies based
on future market evaluation. Both governments have partially or fully engaged
in funding R&D projects that can establish new pioneering and leading
technologies and science for defense and economic goals. Those funds can help
scientists, engineers, researchers and professionals develop new materials,
technologies, and breakthroughs implemented in a broad economic segment. Successful
results of government-sponsored R&D projects are used by private industries
to produce new products and provide new services with excellent features,
quality and environmental benefits. Solar panel and wind turbine technologies
are among new renewable energy sources. Gene-modified agricultural and food
products are also targets. Affordable medicines are another frontier. More and
more R&D projects can improve quality of lives and productivity,
sufficiency, efficiency in all perspectives of economic activities.
Mobile
and Internet based technologies have grown into more sophisticated and
universal applications in human activities. Consumers can enjoy more benefits
from new products and services. Business organizations have also improved their
performance and added new services and features into their fundamental business
environments – a way of serving customers, a way of communicating with
customers, a way of delivering products and services to customers. Japan’s IT,
finance, automobile, consumer electronics products, office equipment,
automation, precious machinery, robotics and construction equipments are still
one of the world’s top suppliers and makers. U.S.’s aerospace, heavy industry,
consumer electrics products, computer servers and chipsets, automobile,
finance, medicines, education and nanotechnology are still among the world’s
top suppliers and makers. Both countries have possessed at least three advanced
values and assets – [1] Money from private and public banks, [2] advanced
technologic powerhouses in different industries and science, [3] world-class
education and knowledgeable workforce. The future of Japan and U.S.A. are
depended on different factors, but there are three essential elements – [1]
domestic markets can operate sufficiently under harmonious relations of demands
and supplies or producers and consumers, [2] invested capital and deposited
capital are integrated and tied for so-called leverage and business cycle
speeds, and [3] government’s spending and tax revenues are two credit and debit
items to express a healthy condition of the nation.
