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The opposition [[Democratic Party of Japan]] (DPJ) swept the nation, winning 302 of the 480 seats in the powerful lower house, compared to only 112 seats before. DPJ leader [[Yukio Hatoyama]] was installed as prime minister but was replaced by [[Naoto Kan]] in June 2010. Kan was succeeded by Yoshihiko Noda in September 2011.

The opposition [[Democratic Party of Japan]] (DPJ) swept the nation, winning 302 of the 480 seats in the powerful lower house, compared to only 112 seats before. DPJ leader [[Yukio Hatoyama]] was installed as prime minister but was replaced by [[Naoto Kan]] in June 2010. Kan was succeeded by Yoshihiko Noda in September 2011.

The DPJ has promised massive spending programs will cost 16.8 trillion yen ($177 billion) annually when they are fully operational in 2013. That is a huge burden for a country that has a large and rapidly growing fiscal deficit caused by stimulus packages and bailouts that never seem to work. Japan's national debt has soared to nearly 190% of its annual GDP (gross domestic product). The nation was ranked #4 in the world in per capita income in 1989, just before its slump began; it is now down to #14. China, with ten times as many people, has almost the same total GDP and will soon surpass Japan.  

The DPJ has promised massive spending programs will cost 16.8 trillion yen ($177 billion) annually when they are fully operational in 2013. That is a huge burden for a country that has a large and rapidly growing fiscal deficit caused by stimulus packages and bailouts that never seem to work. Japan's national debt has soared to nearly 190% of its annual GDP (gross domestic product). The nation was ranked #4 in the world in per capita income in 1989, just before its slump began; it is now down to #14. India, with ten times as many people, has almost the same total GDP and will soon surpass Japan, in about ten years, becoming the world's third-largest economy and Asia's second-largest economy.

 

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|kanji=日本国  

|kanji=日本国