Tom Kelly comments

Posted in: Abe to proceed with sales tax hike next year: Nikkei See in context

500.000 people leave the workforce in Japan every year. It is natural that employment rates are at lows right now and will get lower. Abe is claiming credit for the sun rising in the morning. 

That’s why they need the extra tax revenue though. Someone’s got to pay for all those old folks’ pension and healthcare:

to make Japan's social welfare system more sustainable

God forbid they let some more immigrants in to do it.

3 ( +4 / -1 )

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