COVID downgrade tipped to boost Japan economy by ¥4.2 tril

Some 1.1 trillion yen would be generated by increased productivity as people will be less frequently kept away from work under the new guidelines.

Sounds like total voodoo economics.

How would that work out? Who is being. 'kept away from work 'inordinantly at this stage of the pandemic?

As usual, there will be gains for the landed owners of properties and business and maybe some zero hour pt work for the masses.

. (All while the average bloke on the street continues to suffer as prices keep rising and wages stay stagnant)

The inflation rate in Japan is 3.5% In the UK it is over 10% mate.

Count me as one of the spenders. Plan to be at the onsen everyday, followed by the yakitoriya, everyday eating out, etc.

SPIJToday  09:33 am JST

. This has just handed the LDP another victory in any near future elections. Every incumbent LDP candidate will point to "their" policies here, in keeping Japan "safe" and improving the economy.

Well it is true. Is it not? Japan has the lowest unemployment rate and the lowest inflation rate.

True but for a full picture you also have to add country with the highest public debt in the developed word, country where real wages have fallen by 8% over the past 30 years (+70 % in Europe and 90% in US), country with minimum wage at 1078 jpy (in Tokyo less elsewhere. Try to live with that ), country with 40 % jobs part time, baito …type, country with very low public pensions…etc.

Very good news! Japan has always been a great destination for tourists! Please come to see us!

A friend of mine wife ,told me she had enlarged heart due too long COVID,this dispute the fact that Covid is a minor illness and should not be confused with the flu

I keep hearing about rising prices, but I have not felt them. I spend the same amount I did for over 10 years and have not seen increases?"

Look harder Kenji san...everybody else seems to see the price increases very clearly.

Look harder Kenji san...everybody else seems to see the price increases very clearly.

Hmm. I guess maybe I just don't care, and spend more but don't notice. Luckily times have never been tough for me. I guess I am above acerage then?

Would come from a revival of inbound tourism

Less than 1% of GDP.

A friend of mine wife ,told me she had enlarged heart due too long COVID,this dispute the fact that Covid is a minor illness and should not be confused with the flu

People can die of the flu as well. What is your point?

specifically severe disease and death. 

Rare, unlikely and not statistically significant enough.

. This has just handed the LDP another victory in any near future elections. Every incumbent LDP candidate will point to "their" policies here, in keeping Japan "safe" and improving the economy.

Well it is true. Is it not? Japan has the lowest unemployment rate and the lowest inflation rate.

That's right, all this economic growth re-opening catalyst has costs related to infection, specifically severe disease and death. See below.

New XBB Variant, many escape qualities, prior infection, vaccination or both offers little protection from infection.

Japan's official case count today May 8th - only up 86% from last Monday May 1st, World class research on excess disease and death, UK Lancet Medical Journal, death due to prior infection worth reading!

Timing is everything. This has just handed the LDP another victory in any near future elections. Every incumbent LDP candidate will point to "their" policies here, in keeping Japan "safe" and improving the economy. (All while the average bloke on the street continues to suffer as prices keep rising and wages stay stagnant)

COVID downgrade tipped to boost Japan economy by ¥4.2 tril

That can happen if price doesn't increase however many price items now already increase in Japan, people spend less now.

https://japannews.yomiuri.co.jp/business/economy/20230429-106492/

https://japantoday.com/category/business/price-hikes-decided-on-over-20-000-items-in-japan-so-far-this-year

What Yubaru said

All while the average bloke on the street continues to suffer as prices keep rising and wages stay stagnant)

I keep hearing about rising prices, but I have not felt them. I spend the same amount I did for over 10 years and have not seen increases?