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- Subsidize parenting

• ekianjo 9y ago
  You know Japan already has more debt that it can handle right? It's not the solution.
  • flukus 9y ago
    They could increase taxes. If it's really more debt than they can handle the should be declaring bankruptcy, which is probably better than decades of stagnation anyway.
    • ekianjo 9y ago
      They have already increased taxes, and are planning to almost double to VAT in a few years time. The problem with taxes is that you have very quick diminishing returns and take a dent at consumption very quickly. As for bankruptcy, not going to happen in Japan since the local banks own the debt and declaring bankruptcy would make the banking system in Japan crash, leading to unknown consequences. I think they rather want to keep it under control as long as they can, while they are progressively getting their backs against the wall.