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The government is squeezing health care and other social programs and then spending billions and trillions of yen on useless construction projects. Ibaraki is just a small example of that.

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Stephen Church, an economist at securities researcher JapanInvest in Tokyo, referring to the 30 billion yen Ibaraki Airport which is scheduled to open for business in March 2010. But no airline has indicated any interest in flying there. (Bloomberg)

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the construction industry is thoroughly corrupt

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Hmm... I think that the family of our PM own a cement company, not an hospital. So, make your conclusions.

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It needs only one word: BAKA.

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Soon to be ex-economist, if he works in Japan and doesn't shut his mochi-hole.

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