Japanese mayor weighs in on global Economy and US presidential election - KLTV.com - Tyler, Longview, Jacksonville |ETX News


Japanese mayor weighs in on global Economy and US presidential election

"The course condition was perfect, but I hate to tell you, my score was not," said Mayor Toshiro Toyoda.  The weather was ideal on the green, but his visit comes at a time when America's financial climate isn't so fair, unstable markets here at home have had far reaching effects, abroad, closer to Toyoda's home.  It's hard to see the bottom through the clouds of financial uncertainty.

"I don't have any idea, which way we are heading," said Toyoda.  He said the government subsidizes many of the services in Japan.  Times of economic stress force a delicate balancing act.

"We have to cut out the qualities, or the quantities," said Toyoda.  "The cost for everything in Japan is so high, it's not easy to keep up with it."  Americans are having to adjust, and so is everyone else.

"My citizens' retirements are  the same amount, but the cost of living is going up, so lots of citizens are changing their lives to get more money, switching investments, saving, or working very hard to make more," said Toyoda.  Now is certainly not the time for 'Mulligans'.  We asked which presidential candidate Toyoda would support.

He said he knows Obama is ahead in the polls, but he's more of a McCain man. 

"Don't expect anything because I don't have the right to vote," said Toyoda. 

Layron Livingston, Reporting.  llivingston@kltv.com


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