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by cwwc 4y ago
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- makeitdouble 4y agoIt’s aways complicated to look back at economic policies and come out with simple summaries, but the picture is in my opinion a tad darker than described. He was a pretty polarizing figure and “Abenomics” is used more as a cynically jab than praise in most public interventions we hear. For reference: https://en.wikipedia.org/wiki/Abenomics#Results https://en.wikipedia.org/wiki/Abenomics#Results
- charlieyu1 4y agoAny economics policy will have winners and losers.
- makeitdouble 4y agoHis gov. was investigated for cooking the books on GDP, but even leaving that aside growth has been mostly flat [0] under his helm, while only stopping the previously rising wealth inequalities [1] So yes, he basically froze who would be the winners and losers for the span of his policy, and low income people didn't feel great about it. I have my gripes yet still think he was a more decent PM than many previous ones. It's really sad it comes down to an assassination in the end. [0] https://tradingeconomics.com/japan/gdp-growth https://tradingeconomics.com/japan/gdp-growth [1] https://wid.world/country/japan/ https://wid.world/country/japan/