Japanese Prime Minister Shinzo Abe instructed his Cabinet to start putting together an economic stimulus package that calls for $17.8 billion in spending. He said the initiative will emphasize encouraging business investment, extra funding for education and helping to cover the cost of child care. Does this imposed package mean someone is stimulated at the expense of another who is paying the tax and is therefore unstimulated. Will this plan be successful?
http://www.reuters.com/article/us-japan-economy-abe-stimulus/japan-pm-abe-announces-17-8-billion-economic-stimulus-package-idUSKCN1C004A
Interesting post Chris. I think this package will definitely generate more economic activity. In my opinion I think this choice may be more due too getting voters on his side in their upcoming election. A lot of the time you have to analyze a decision based on how it could benefit the one making the decision. His plans of subsidizing education and helping the cost of child care all are working in his favor and sound great.
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