Masaaki Ito, a professor of media studies at Tokyo’s Seikei University. Crowds protesting in front of the Finance Ministry have grown in size in recent months, with many blaming fiscal austerity and misguided tax policies for the lack of improvement in their lives.
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Dissatisfaction toward fiscal policy has appeared in the form of economic protests that were rare in Japan.
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sakurasuki
Many dissatisfaction about economy in Japan, people just rarely protesting.
https://www.japantimes.co.jp/news/2025/02/20/japan/japan-rice-price-another-high/
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While wages are stagnat
https://www.aljazeera.com/economy/2023/7/18/japans-workers-cry-out-for-a-raise-after-decades-of-stagnant-pay
JeffLee
These people are grossly misinformed. Fsical austerity in the world's most fiscally indebted country? Gimme a break. The economy's core problem is wages, which are paid by the private sector, not by the finance ministry. They should out front of the headquarters of Japan's corporate heavyweights, which earn record-high profits and refuse to give raises anywhere near their earnings growth, keeping wages less than half than in the US.
These people are also anti-vaxxers and anti-gaijin.
Yeah, that's true. Softbank pays close to no taxes despite its massive profits. Go after Softbank.
kibousha
As usual "politically correct" comments.
Whether this is a result of fake news or what not, I'm not sure, I'm not an expert, but the sentiment is a fact. People are dissatisfied because everyday, they read the news that Japanese governments are giving money to foreign countries and immigrants, while they're struggling.
I give you an example, gasoline price is double taxed, government was supposed to remove the tax a long time ago, but every time the government says "it's not possible". How about reduction of consumption tax, nope.
Time and time again, the Japanese population get another "proof" that the Japanese government will sacrifice the population to squeeze every yen of tax and then give out those taxes to foreign countries and immigrants.
J-gov needs to do something or it will just create a Japanese MAGA movement.
HopeSpringsEternal
People are connecting the Govt. spending being fueled by BOJ money printing is resulting in the Yen's massive loss in 'real' assets/commodities purchasing power and thus HIGH inflation.
Nobody's happy in Japan about above, like many other countries with currency weakness fueling punishing inflation, badly hurting businesses and consumers, but not Govt. capturing more tax revenues as result of inflation
BertieWooster
Decades of financial mismanagement have brought about this situation. Time for change.
HopeSpringsEternal
My opinion, voicing it clearly, that all organizations need to be accountable and transparent, especially Govt. in order for there to be needed trust in such institutions.
People of Japan and other countries should question their Govt., given the terrible results regarding deficits, debt, inflation etc.
Therefore, Japan and other countries should pursue independent digital audits of Govt. to pursue much needed streamlining and efficiencies. Best way to rebuild the public trust, what DJT doing via DOGE in US.
BertieWooster
Since covid, the IMF has been raking it in! Makes you wonder if it wasn't man made in the first place.