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Abenomics has not succeeded in improving economic growth. The only fields where it had a positive effect is the stock market and on the huge exporting enterprises. But those benefits haven't helped th

11 Comments

Mari Osawa, a social policy analyst and professor at Tokyo University. (Los Angeles Times)

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It hasn't helped the exchange value of the Yen, either, internationally speaking. What would do a lot more good for the Japanese economy, right now, and for the foreseeable future, would be for the Yen to be devalued by about 15%.

-5 ( +1 / -6 )

It doesn't matter because it is all about tatemae anyway. Abe just goes on as if his policies are successful and seeing this it looks like lots of others are falling into line too. Soon Japan will be a more sophisticated version of North Korea where everything is a success because it is declared to be so.

4 ( +6 / -2 )

Wow! I just got my bonus statement. In addition to the yen losing 50% in value over the past two years, taxes are also up, so I lost 36% to the taxman and social services. Maybe I can buy a movie ticket and some popcorn. Crap.

5 ( +6 / -1 )

The policy makers aren't looking to benefit the little men thinking that if the Big fish benefits there will be a trickle down effect which really doesn't happen since the Big fish hogs all the resources. If they actually want benefit to non-regular workers then they will have to cut-in to the present temp staff working conditions placing a law to cap the amount the agency can take from the temp-staff (presently the average is around 35% of the hourly pay) and make it mandatory for the agency to provide commuting expenses to the staff.This way more benefit will go directly to those temp-staff non regular workers since the non-regular workers does not have an union to make demands against the agencies.

7 ( +7 / -0 )

Abenomics has not succeeded in improving economic growth. The only fields where it had a positive effect is the stock market and on the huge exporting enterprises. But those benefits haven't helped the smaller companies and … especially non-regular employees.

Ya think?

1 ( +2 / -1 )

Hard to disagree. Would like to see far fewer temp workers and far more job stability for good hard working people.

5 ( +5 / -0 )

2016 - I'm outta here! Japan is beyond repair.

-2 ( +4 / -6 )

Abenomics has not succeeded in improving economic growth. The only fields where it had a positive effect is the stock market and on the huge exporting enterprises. But those benefits haven't helped the smaller companies and … especially non-regular employees.

Wow. Haven't smithinjapan, GW, Yubaru, sengatsu, myself and others been saying this for well over a year?

2016 - I'm outta here! Japan is beyond repair.

Just figured that out? Been "beyond repair" since 3/11 when the disaster hit the country at the worst possible time -- when the aging/declining population and an at-best fragile economy, could not take the shock.

-2 ( +2 / -4 )

Sighclops - I hear ya.

-1 ( +2 / -3 )

Me too can't wait to leave. Japan is hopeless and is finished. Only english teachers will stay as they have nowhere to go

0 ( +0 / -0 )

crap monitors shtttttttttttttttttttt

0 ( +0 / -0 )

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