Consumption tax increase
The long-term stability of the government is absolutely essential for the success of Abenomics, and I hope that you will make a decision based on that, but whichever decision you make, it is a very difficult situation. I think.
If the tax increase is decided according to the regulations, it may lead to an unfavorable situation for the administration such as the economic downturn, the decline in approval rating, and the disadvantage in the election. It is likely to turn, and it may be needless to say that this is a very bad thing.
Although it is the opinion of the general public, I think that it is preferable to decide to raise the tax as prescribed for the basic route of the consumption tax increase.
I don’t think I can say anything without looking at the GDP preliminary figures for the July-September period, but if the figures were not so bad, or if other things such as “This is a complete economic downturn, mainly in rural areas. Unless data or evidence such as “catastrophic damage will occur”, unless there are other circumstances that require special consideration, it is better to implement it even with pain (only if there is long-term stability of the administration). I think it will be closer to possible).
It is said that the success of Abenomics is more successful if the Ministry of Finance, which has absolute power and is in a position of responsibility, is on the side, rather than the national sentiment that is easily swept away by the mood. Because I think I can get it at hand.
From the point of view of the common people and consumers, the tax increase is nothing more than a pain in life, but it is only from a short-term perspective, and it is growth-oriented in the success of Abenomics or in the process. If the structural reforms of Japan are steadily promoted, the revitalization of the economy will be further promoted, and although it seems that there was a temporary loss, it should be in the form of gaining as a result, and “I could not do it.” I think there is a counterargument, “What should I do?”, But if it cannot be done, it will sooner or later become default or hyperinflation, or triple depreciation, so successful Abenomics is the last chance for Japan’s economic revival. I don’t think it’s an overstatement.
In addition, if this is not the case, by encouraging them to show “an alternative that certainly makes us think that it is not a criticism based on conclusions,” and to stimulate constructive discussions. , We will exchange opinions on the revitalization of the Japanese economy from various perspectives, which may not be a bad thing.
We believe that the success of Abenomics is the last chance for the revitalization of the Japanese economy, and we are enthusiastically supporting the success of Abenomics.
By Admin|2014-11-03|2014,News Release|