Japan’s Young Workers Get a Lift, and Its Leaders Profit
- 7 years ago
Japan’s Young Workers Get a Lift, and Its Leaders Profit
In a television appearance this month, Mr. Abe compared his efforts to ratchet up economic growth — through a mix of
stimulus policies widely known as Abenomics — to the 10 way stations that climbers pass on their way up Mount Fuji.
“I started my old job when I had one child, but with two the paycheck was pretty thin,” said Mr. Fukuyama, who started training at Yamato on Monday.
His party has promised to increase spending on child care
and education in a bid to encourage families to have more children and reverse an accelerating decline in Japan’s population, which has held back economic growth.
Though his policies have benefited business — he has cut corporate taxes
and brought about a devaluation of the yen, giving Japanese companies with big overseas operations like Toyota Motor a leg up on foreign competitors — there has been no painful austerity to rally against.
“All the parties are promising things like getting rid of school fees,” said Ami
Miyamoto, 25, an undecided voter who works for a recruiting firm in Tokyo.
In a television appearance this month, Mr. Abe compared his efforts to ratchet up economic growth — through a mix of
stimulus policies widely known as Abenomics — to the 10 way stations that climbers pass on their way up Mount Fuji.
“I started my old job when I had one child, but with two the paycheck was pretty thin,” said Mr. Fukuyama, who started training at Yamato on Monday.
His party has promised to increase spending on child care
and education in a bid to encourage families to have more children and reverse an accelerating decline in Japan’s population, which has held back economic growth.
Though his policies have benefited business — he has cut corporate taxes
and brought about a devaluation of the yen, giving Japanese companies with big overseas operations like Toyota Motor a leg up on foreign competitors — there has been no painful austerity to rally against.
“All the parties are promising things like getting rid of school fees,” said Ami
Miyamoto, 25, an undecided voter who works for a recruiting firm in Tokyo.