Dear global leaders, you have a good role model in Taiwan.
President Ma of Taiwan R.O.C. now enforce austerity in Taiwan. He raises both electricity and gasoline price ceilings in order to reduce government's losses and deficits. He imposes capital gains taxes in order to balance budget. He faces very strong oppositions in both parties and Taiwanese people. All because of him knowing that if we don't do it today, we will regret tomorrow.
It is very rare to have a leader that has guts to do the right thing even if he is in democratic society. He faces votes and criticisms from every one. He is a good role model for all of you in my opinion.