business

Japan should weigh safety net for pandemic-hit firms, says Suga aide

7 Comments
By Kaori Kaneko and Yoshifumi Takemoto

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Socialism for the rich, Capitalism for the poor.

10 ( +10 / -0 )

Japan should consider creating a safety net for companies that may need help surviving the hit from the coronavirus pandemic, such as airlines and transportation firms, said Heizo Takenaka, a close aide to premier Yoshihide Suga.

Safety net for conglomerates, instant ramen and blue tents safety nets for the public.

Lawmakers and critics questioned how taxpayer money was spent under a complex subcontracting scheme, and whether a small non-profit was a front that would protect its founder companies, which also include powerful advertising agency Dentsu Inc, from public scrutiny.

Not satisfied with the socialism for the rich corporate safety net they want to defraud the public for as much as they can.

9 ( +9 / -0 )

Takenaka is typical neo-liberalist, he had ruined Japanese society gradually and surely.

He hates social welfare, disrespects workers' rights, increases disposable short term employment, expands inequality and poverty in Japan.

4 ( +4 / -0 )

Already lost my job, heard hello work might help me out for 3 months, then what?

Guess it'll be cardboard city and rummaging through trash cans

2 ( +2 / -0 )

Already lost my job, heard hello work might help me out for 3 months, then what?

Sorry about your job. My partner lost hers back in March and had to take up a job way below her abilities just to stay afloat.

Restaurants are getting paychecks for closing early (which I am not against, of course) but the average Joe gets a silly mask and 100,000 yen. Things are about to get worse, I fear.

2 ( +2 / -0 )

“ competition between airlines “ now here’s a laugh !

try to find a price difference of more than 500 yen on domestic prices between JAL and ANA on routes they both serve. Good luck to that !!

A return to Nagasaki recently cost me 27400 out bound and 27200 yen inbound, both airlines difference of 300 yen. 500 USD roughly, can fly to Europe for that and back.

this was a middle range price so as not to get up at 05h00 in the morning.

1 ( +1 / -0 )

Just another transfer to buddies of politicians. Only bail out businesses, no bail outs for normal working people. There should be ZERO subsidies to companies.

2 ( +2 / -0 )

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