1. Reduce income gap between rich and poor. The strategy will be implemented by imposing higher minimum wage and tax the rich.
2. Declare war against inflation.
Target 4%. Release strategic inventory to boost supply and implement price control
3. Fight housing bubble
Flood the market with supply
4. Target 7% GDP growth from 2011 - 2015
They seem to be serious to address the problems rather than denying problems. I still think this one of the best managed economies in the world.
Will need to keep an watchful eye on the commodities.