politics

Gov't preparing ¥13 tril economic stimulus package

14 Comments
By Yoshifumi Takemoto and Tetsushi Kajimoto

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14 Comments
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More roads to nowhere, Aso cement Ltd must be happy, no conflict of interest though.

1 ( +1 / -0 )

There is nothing you can do about it.

Instead of complaining, hoard what you can from this for the future.

0 ( +0 / -0 )

Running the economy into the ground is not good for families.  Nor is leaving an increased national debt.  Abe's arrows are all broken.

3 ( +3 / -0 )

What was the point of raising consumption tax if it damaged the economy so much you need a stimulus package? And yet Teflon abe is not criticised or facing any kind of backlash? He’s been good for families, but let’s hope the next prime minister actually understands the basic principle if you raise taxes people will spend less.

He could easily have got more tax revenue by increasing cigarette taxes, JT clearly have some unbelievable control over the government..

4 ( +4 / -0 )

OmachiToday  08:40 am JST

As is always the case - this funding will go to sectors which support the election of LDP politicians. 

Specifically into the bank accounts of companies with LDP-friendly owners, from which it will never re-emerge. Triple scotches and sakes all round for the good old boys!

5 ( +5 / -0 )

Any tips on how to directly benefit from this stimulus package?

2 ( +2 / -0 )

The Japanese financial markets' convention of using green for losses and red for gains is particularly ironic in this picture.

1 ( +1 / -0 )

More of the same useless attempts to "stimulate" the economy.

Better off just writing everyone who pays taxes in Japan a JPY 500,000 cheque.

5 ( +6 / -1 )

Keep on printing .....

... future generations will (NOT) appreciate it!

And who are they gonna support with all those Yen?

Most definitely not those who need it.

Take it from the poor, give it to the rich .... standard procedure for Abe and his buddies!

4 ( +4 / -0 )

The cat still hasn't learned to stop chasing its tail.

6 ( +6 / -0 )

As is always the case - this funding will go to sectors which support the election of LDP politicians.  Funding of course comes from the consumption tax - siphoned off from the social programs it was sold on.

10 ( +10 / -0 )

A dwindling aging population and an exodus of manufacturing companies to China and the givers wants to spend more money on what exactly?

Care homes?

6 ( +6 / -0 )

Sources of funding the big spending remain unclear

The 'I could care less' attitude of the populace is going to sting in the near future.

9 ( +9 / -0 )

Sources of funding the big spending remain unclear

Tax, obviously. Future generations are going to screw when they realise their lives have already been sold off to pay for the ossans' and obachans' fiscal irresponsibility

8 ( +8 / -0 )

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