Auto industry and its troubles is a focus (8:56), which makes sense--let's just wait and see whether the emphasis will be on forcing Detroit to produce more green automobiles, or on freeing them from certain union contract constraints (which Japanese automakers producing in the U.S., for example, do not have).
First question: he believes in the potential positive psychological effect of hitting the ground running in January (9:00), the potential power of presidential leadership.
Second question: stimulus package is essential--no real surprise, content, again, will be decisive.
Japan Finally Got Inflation. Nobody Is Happy About It.
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