Gov't eyes over ¥30 tril economic stimulus; restarting Go To Travel program

If I recall correcty the last Go To campaign preceded the last set of surges that left Japan hobbled.

Hopefully this time around its totally different because half are vaxxed?

No. Start "eyeing" the bureaucratic nightmare fully vaccinated people face entering this country and stop wasting our tax money on this.

The stimulus package will include providing 100,000 yen in cash handouts for all children aged 18 or younger

There are about 20 million children under 18, so that equals 2 Trillion.

What about the other 28 Trillion? It's all for "Go To"?

(Just so we realize, for a total population of about 125 million people, 30 Trillion yen equates to 240,000 yen per person.)

Start the 'Go To Travel Abroad' and let fully vaccinated people with a 'vaccine passport' re-enter the country without lengthy quarantines.

Is Kishida still going forward with his ¥100000 “Kash for The Kids” incentive ?

I'm just curious, what are the kids going to spend it on? Or are they just going to leave it in the bank?

At least this GoTo “news”(not yet) will silence those selfishly begging DAILY in the infected numbers column for coupons, all at the majority of the taxpayers expense.

No one’s “angry” just mostly confused by the J government’s lack of innovation to resolve real financial issues and hardships for the majority of Japan’s poorly paid workers and starving poor. Winter is coming and heating cost will rise.

- @Good 7:06am : “You angry folks are gonna go crazy when GoTo doesn't cause a Covid surge.”

IF you have the extra cash, just go and enjoy eating out and travel. - No need to sit around waiting begging for government coupons. Tax supported government subsidies should go to those that really need them: small business, indigent families and the poorly paid, wage owners in Japan that are still required to pay consumption taxes on everyday necessities.

Here we go again.

The stimulus package will include providing 100,000 yen in cash handouts for all children aged 18 or younger and restarting the Go To Travel subsidy program to promote domestic tourism, the sources said.

From Abenomasks to meat tickets, the targeting of pandemic stimulus has been a joke. A significant portion of the "cash handouts for 18 and under", only one time of course so inviting misuse, will be GoTo North Korean owned pachinko and GoTo traveling to the bank accounts of hotel owners.

Economically, I think it is a good idea to promote tourism in Japan. However, with all the sars2 variants flying around, and all the unvaccinated people (some of whom refuse to even take the vaccine when it's available), it's just too soon. Try letting in the people who want to come here to work first and take things a step at a time.

There are only 20 million people aged 18 or younger in Japan. That means the proposed 100,000yen handout for each will cost just 2 trillion yen, while last year’s all-out handouts amounted 12 trillion yen, The government should save all residents in Japan and not just those with kids.

Don't these guys ever learn????

If you give people a cash handout in Japan it generally ends up in the bank, and does very little in the way of economic stimulus. It has been shown to happen time and time again. Kishida's Cash for Kids won't work.

If you give people a rebate for money spent, this will indeed encourge spending, and ensures it is targeted and doesn't flow offshore. Go To Travel is reasonably well thought out stimulus package, with a lot of unnecessary bureaucracy.

From what I can understand from the above is the Y 100,000 is for any family with children under 18 as a stimulus and the 10’s of trillions left go into the Go Travel program. Lacks details

Don't these guys ever learn????

If you give people a cash handout in Japan it generally ends up in the bank, and does very little in the way of economic stimulus. It has been shown to happen time and time again.

Has it? I remember when they gave out 30,000 yen in 2009-ish, and if i recall correctly it did result in a bump due to the economic stimulus.

Shake that magic money tree, shake it hard enough, and pretend it not debt.

You will have to service it. !!

There should be some means testing, all the kids that go to a famous school at my station have the newest phones and designer backpacks.

I'm just curious, what are the kids going to spend it on? Or are they just going to leave it in the bank?

Neither, it goes to the parents not the children.

There should be some means testing, all the kids that go to a famous school at my station have the newest phones and designer backpacks.

Some people are very responsible with their money, saving up for things they want to buy, such as iphones. Should they be penalized for being good with their money, since they spent their money in a manner in which you disagree? Or...?

If I recall correctly the last Go To campaign preceded the last set of surges that left Japan hobbled.

Yes you are correct, but don't forget, Delta came into Japan when Japan opened the borders. It was not the Go to travel campaign that caused the wave but Delta which came in from a foreign source that caused the 5th wave.

Debt to GDP of 260% and “money left over” hilarious

If you want to stimulate spending, issue the hand out as newly printed notes with a date printed on them after which they are no longer valid.

Go to worked so well last time, at spreading disease, let’s try it again!

That “foreign source” for Delta could well have been Japanese returning from abroad. GoTo isn’t necessarily bad but it should go in tandem with opening to foreign tourism. Why not do what Bali is doing and start on a small scale with quarantine required for three days? I’m down in Kyoto right now and it’s the lack of foreign tourists hitting folks here more.

What about the other 28 Trillion? It's all for "Go To"?

Go To Dentsu (who will handle further donating to their buddies)

I'm all for giving the economy a boost but this is just foolishness. Aside from the grammatically incorrect name, encouraging domestic tourism is just going to result in a surge of infections. Did they not learn anything from the last campaign? SMDH.

There are about 20 million children under 18, so that equals 2 Trillion.

What about the other 28 Trillion? It's all for "Go To"?

(Just so we realize, for a total population of about 125 million people, 30 Trillion yen equates to 240,000 yen per person.)

Thanks for pointing that out. So like us, even if you have three kids and get 3x100,000 for them and 30,000 for each family member in My Number points, 240,000 yen times five - 450,000, or 750,000 yen, is still going to someone else. Even families with kids aren't getting half the per capita cost of this stimulus. It's more Cash for the Connected than Cash for Kids.

Seems the govt is once AGAIN rolling the dice with the countries peoples LIVES!!!

I am of the mind that we should wait until next spring to see how corona is looking, pushing travel now could really backfire!

If this goes ahead I hope the numbers continue to drop, but seems really risky to me

“snowymountainhellToday  07:19 am JST

IF you have the extra cash, just go and enjoy eating out and travel. - No need to sit around waiting begging for government coupons. Tax supported government subsidies should go to those that really need them: small business, indigent families and the poorly paid, wage owners in Japan that are still required to pay consumption taxes on everyday necessities.”

here here!

Again this ignorant approach that all will receive cash who does not need it at all.

At least set a criteria that those children whose family’s annual income is below 10 million.

Stupid.

Several tens of trillions of yen to big business, only no doubt. This will really end up hurting Japan in the future because of the falling population and other problems that are effecting everyday people and small businesses. How about taxing the businesses several tens of trillions of yen who just for their own savings and do not use it to help people who work hard for these business with higher salaries to combat inflation.

Now how is this going to be paid back with a 30 to 40% 消費税？Paid by people as a penalty for these fools who are just saving the money and not using it to improve salaries and workers lives?

Lets use this to help small business recover from the pandemic in industries that have been hurting due to the pandemic all along. As well as creating stiff penalties on big businesses who do not use this money to help improve the livelihoods of their workers.

Japan's government avoids using tax about defending lives, but wastes immense tax to benefit corporations.

Covid-19 measure budget over 20 trillions yen are left.

Bad English promotion (Go to travel), not good.

I think they ripped off GoToMeeting, which is also horrible.

YES!! Cheap snowboard trips to Hokkaido here I come!!

What a- party!

Most Voters didn't and the dust belt just threw in with

the dodge they knew anyway.

So 4 more years of hmm "consider ¥100,000… maybe" for single moms and kids.

And 4 more years of got the "Plans ¥30,000,000,000,000,000~" in hand to fund a GOto tax racket.

What will a looter think of next?

But as my good buddy here on JT used to say- "I have no sympathy! None!"

Hard times are not for official Looters. For them, Good OLD glory days are back.

Take some victory laps by the onsen fellas cus hey…

4 more years! GOto rounds of gu'rnteed tax funding.

It's ok, put the gloves back on, take off the work jackets, everyday is premium Friday.

Who wouldn't Love it? Circus Time!

No one’s “angry” just mostly confused by the J government’s lack of innovation to resolve real financial issues and hardships for the majority of Japan’s poorly paid workers and starving poor. Winter is coming and heating cost will rise.

It sounds like the next GoTo is going to be weekday only and have discounts that decreases as the rate increases, so big % discounts for cheap places and lower % ones for more expensive ones. This may help smaller minshukus, pensions etc. more than last year, but weekend-only suggests it'll be mostly retiree customers that benefit.

Well that means they do not plan to open the border any time soon. Thing is, I don't think many people in Japan are bothered about that. In fact, I'm sure lots of people are happy about it. Just like the "good old Edo days."

I wonder how many tens of trillions will be going to Dentsu?

Why Go To again? I've been trying to book a holiday and everything is booked out or extremely expensive. It seems like tourism will get back on its feet without adding extra incentives. Shouldn't we focus on other industries restarting and not just tourism?

If you give people a cash handout in Japan it generally ends up in the bank, and does very little in the way of economic stimulus. It has been shown to happen time and time again.

Fact: parents are more likely to use the handouts than pensioners.

There seems to be a domestic tourism boom already: since the lifting of emergency restrictions in October. Go To ain't needed.

Because they never learned from the complete disaster that followed the last time, and which they now need the stimulus for.

When you set up travel plans, you do not beg for the coupons. They are given to you plainly and simply. The bottom parts are filled with time stamps and destinations. They are not randomly used,

You can however if not really needing extra money, talk to restaurant owners where you travel, ask them some questions about family and friends, and if there are people in dire straights you can give them the coupons.

You can also use them in convenient stores and pick up items and hand them out to street people, if they will accept them. There is a lot of pride here and people do not want to look poor nor accept stuff. If you got the lingo down as myself and friends do it is much easier.

Aloha and share the wealth if you can. Being jealous and griping is not the answer.

Haha, knew GoToTravel would flare some tempers in here. Good to see the JT crew in good spirits.

That “foreign source” for Delta could well have been Japanese returning from abroad.

It was not. It was a UK National, just as with lambda come which came from A South American.

I’m down in Kyoto right now and it’s the lack of foreign tourists hitting folks here more. it’s the lack of foreign tourists hitting folks here more.

More likely, it is the lack of Japanese Tourist that is really hitting Kyoto hard. Japanese tourists are the bread and butter for most cities in Japan not foreigner tourists.

Is this the reform that Kishida is promised?

A regurgitation of the past that made people take trips so that they could get a small discount on beer to drink in their rooms?

Japan is sliding faster down that slippery slope…

> DropofahatToday 04:23 pm JST

That “foreign source” for Delta could well have been Japanese returning from abroad.

It was not. It was a UK National, just as with lambda come which came from A South American.

I’m down in Kyoto right now and it’s the lack of foreign tourists hitting folks here more. it’s the lack of foreign tourists hitting folks here more.

More likely, it is the lack of Japanese Tourist that is really hitting Kyoto hard. Japanese tourists are the bread and butter for most cities in Japan not foreigner tourists.

Quite true on Japanese tourist as the meat and butter. Heading there Friday for 5 days.

¥100000 for kids isn't really going to the kids. Its going to mostly mothers (and dads, but mostly moms) that will pocket the money and do what they want with it. Most Japanese kids have no control over their finances, other than some pocket change. I've never in my life seen anyone younger than 19 in Japan using an ATM or going to the bank. What parent is going to just hand over the cash to their child to do what they want with it? Its either going to be put into a special savings account the kids have no control over, or the kids might get a few mon to spend on a new game or iphone. Maybe some teenagers will buy clothes or electronics with the money, but I don't see this being a huge stimulus. Besides, its not like they can buy alcohol and visit bars and restaurants late at night where the economy has been hit the most.

Go to travel may stimulate the economy, but it doesn’t help people who really need the money.

I’m traveling to Kyushu after coming back from a trip abroad (and after my quarantine). Very difficult to find hotels in the usual cities in Kyushu during the Christmas new year time, they are all full.

Hotels seem to be doing pretty well, as are restaurants now which seem to be pretty full every time I walk by them in Tokyo. Go to travel helps people who already have enough money to go on holidays.

If you’re tight on money, you’re not going to travel even if it’s at a discount. I think a better way would be to do something that directly affects people of limited means. How about removing all sales tax from food and essential items? non-essential items will still have tax, but again those who can afford them shouldn’t mind having to pay tax for them

The money goes to parents not kids, They are trying to help parents out a little this spring, is what I have been told. I have 3 kids and 300,000¥ would really help out this spring with tuition and uniforms , not to mention all the Juken tests and juku costs before that. Is 300,000¥ a fix all? Heck no, but I will take all the help I can get. I can see why the birthrate is so low in Japan . One word Expensive. But 28 trillion for go to travel??? And someone posted half of Japanese are vaccinated. Last I checked japan was at 71.6 percent fully vaccinated.

HeapsofvulpixToday  01:19 pm JST

Why Go To again?

Persistent and well-connected lobbyists from the tourism and leisure industries, I suspect.

Should be named: GoToTheHospital. GoTo\travel: Dispersal should be local.

Booked for January, February and working on a March gig as well. Eat your hearts out.

GoTOTravel, and give those coupons to the needy.

Go to travel was perfect and had a great trip to kyoto and osaka that I wouldn't have been able to afford.

Bring it on let's go to travel again, yeehai

Does this come with "Go To Time Off From Work" as well?

The LDP is all out of ideas…

STOP giving all of this money to those who HAVE money. STOP.

I told you, KISHIDA can only make more debts to full corrupted pockets