politics

Rising prices key focus in election but no party has silver bullet

18 Comments
By Takaki Tominaga

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18 Comments
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If inflation rises like in the US without wage increases it will be a horrible situation. Also, imagine those on fixed incomes and pensions and too old to work? Tough times ahead, and if you have a retired in-law it may be one reasonable option to move in together like the old days.

6 ( +8 / -2 )

Future is bleak

0 ( +7 / -7 )

Past is bleaker.

-5 ( +3 / -8 )

No magic bullet? Ha….. eliminate all the corporate welfare and give it to the citizens to spend …. Subsidies for the gas companies so they can keep the price of fuel in check ???? Isn’t happening…. They’re just banking more money …. Go to ? It was a bad program from the beginning…. Kill it now ….

9 ( +11 / -2 )

As prices of necessity goods such as food and electricity soar following Russia's invasion of Ukraine,

Correlation does not equal causation.

Point out the real causes of corporate profiteering aided by LDP corporate welfare disaster capitalism.

Plenty of examples to use.

Cut the regressive consumption taxes, particularly on food and redirect the corporate welfare for bottom up prosperity.

It may not be a silver bullet but maybe enough to shock the public and LDP out of their complacency.

4 ( +9 / -5 )

Dump LDP and we might have hope! Inflation is just too much for common people to handle.

3 ( +5 / -2 )

By Takaki Tominaga

As prices of necessity goods such as food and electricity soar following Russia's invasion of Ukraine,

Right out of the box ! Takaki

way to get your MIC permission slip.

“Shrinkflation” was occurring WAY before Russia invaded Ukraine.

Russia's war in Ukraine has sparked the global food crisis 

And another home run! You’re gonna get front row seats at the next arms show with these lines.

No NATO/US in Ukraine, no war, no sanctions, no other MSM conspiracy theories.

4 ( +7 / -3 )

Pretty much everyone I hear from in the US is hurting financially and they basically blame one man, and it is not Putin. My dad is on social security with a part-time job and the massive inflation is a nightmare.

3 ( +6 / -3 )

The silver bullet is bail out tax payers not companies. Might be too much for the LDP.

3 ( +4 / -1 )

Rising prices key focus in election but no party has silver bullet

No it is not rising price that is key focus in this election. Stop feeding readers as if Japanese people are all so dum

1 ( +5 / -4 )

Inflation is due to the Russian invasion...? Really? It was climbing steeply long before a single tank crossed the border.

10 ( +10 / -0 )

The way the government tries to fix things here, a "silver bullet" would take a generation before it takes affect!

While the LDP and its junior coalition partner Komeito rule out lowering the consumption tax rate from the current 10 percent, opposition parties are calling for slashing the tax -- or even abolishing it -- as part of efforts to mitigate the impact of surging prices.

Once you give the government money, through taxes here, there is no way in hell they are going to give it back to the people, and if the sun suddenly turned into ice, and they DID actually cut it, I guarantee you that somewhere down the line in the future, they will raise to even higher rates than it is today, with the excuse of recovering what they lost!

3 ( +5 / -2 )

no party has silver bullet

Is there more than 1 party in Japan?

-3 ( +3 / -6 )

How about moving the sidewalk in and out 10cm every other year, use that insane amount of money put aside for BS civil construction projects for food and energy subsidies.

0 ( +1 / -1 )

@Reckless No matter who is in office whom ever it may be by anyone's choice given the situation you can not make everyone HAPPY!! You must have a bunch of miserable friends if everyone you hear from in the US is hurting financially. Of course when people lose they are quick to point fingers and cry losing because things aren't going their way. Its called money management!!! Perhaps all the people you are hearing from are poor money managers. I say this because my CIRCLE of friends are prospering and they are buying and they are traveling and they aren't CRYING hurting as a matter of fact they are screaming winning. It's not about how much you spend, its about how much you save!!! Some people eyes are bigger than their wallets, and then they blame the man in office for their failures. Oh about your dad being on social security, my mom is 85 years old and she too is on social security and she does not have a "PART TIME JOB" she is fully RETIRED enjoying her golden years go figure!!! Totally REckless spending and planning!

Pretty much everyone I hear from in the US is hurting financially and they basically blame one man, and it is not Putin. My dad is on social security with a part-time job and the massive inflation is a nightmare.

0 ( +1 / -1 )

Never mind just everyone be happy that PM Kishida is on holi.., I mean attending a G7 meeting in Spain feasting on the the finest Iberian ham and aged Riojas!

Just remember to trawl the supermarket at 8pm tonight for 50% off.

Personally, I hang around the garbage bins-cheaper!

0 ( +1 / -1 )

Yeah, whatever.

0 ( +0 / -0 )

Point out the real causes of corporate profiteering aided by LDP corporate welfare disaster capitalism.

The problem is not confined to Japan so it can't be caused by "LDP corporate welfare disaster capitalism" No government anywhere in the world told the Maersk's. MSC's and CMA-CGM's of the world to raise the price of shipping a container from China to the US from around $2000 for a 40 foot long container in early 2019 to over $20,000 by mid 2020. The Japanese government and the LDP didn't tell China to shut their seaports and cities down for weeks on end, backing up supply chains all around the world. No government directed oil companies to lay off staff and reduce output, then failed to realize demand was going to rapidly rise as the pandemic tapered off. I suppose you could blame "gub-ment" for the subsequent disruptions caused by sanctions applied to various commodities to punish Russia for invading Ukraine but ask yourself if you want to live in a world where such acts are allowed unpunished. Japan is experiencing relatively low inflation compared to its developed peers. I buy things from Japan frequently using proxy buying services and one of the things I love is that white goods in Japan are not overpriced like they are in the US. You get relatively good quality for a reasonable price from Japanese made products. I use 100 volt transformers and enjoy products not sold here by anyone. You maybe do not realize what a good deal you have.

0 ( +0 / -0 )

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