Public opinion without examining Abenomics - there is no point in criticizing it based on contradictory premises.
2024-01-08
Category:Japan I'm participating in the ranking.Please click and cheer for me.
Abenomics three arrows
There are some surveys and opinions in public opinion that Abenomics has ruined Japan, but is that true? First of all, what is Abenomics? Were you asking people who answered the same question as in the poll, or were you asking people you didn't know? I wonder if asking someone I don't know will give me the results I expected. First, let's review the three arrows of Abenomics.
Three arrows of Abenomics
Bold monetary policy
Flexible fiscal policy
Growth strategy to stimulate private investment Monetary policy is still ongoing, but former Prime Minister Abe has said that the consumption tax increase was decided in advance and was carried out at a time when it could not be postponed, so he was unable to fire a second arrow. In other words, Abenomics is actually the first arrow in a variety of environments. In other words, I would understand if there was an evaluation of the fact that it did not advance to the second stage, but I have doubts about evaluating Abenomics itself.
Results are rarely published
Next, I will list some of the achievements of Abenomics.
Main achievements of Abenomics
The total national and local tax revenue will reach a record high of １０７ trillion yen in fiscal ２０１９, up from ７８.７ trillion yen in fiscal ２０１２.
The stock price, which was around ８,０００ yen, rose to over ２４,０００ yen under the Abe administration.
Public pension investment profits increased by ５７.６ trillion yen in seven and a half years.
The effective job opening ratio was ８３ job openings for every １００ people in ２０１２, and １６４ job openings for every １００ people in ２０１９.
Business operators improved their treatment due to the labor shortage. The minimum hourly wage rose from ７４９ yen in ２０１２ to ９０１ yen in ２０１９.
The rate of children from single-parent households going on to university increased significantly from ２３.９% to ４１.９%. Sanaenomics three arrows
Sanaenomics (Japanese Economic Resilience Plan) will be published. Representative Sanae Takaichi announced a policy to carry on Abenomics during the last presidential election.
Sanaenomics three arrows
Financial easing
Flexible fiscal stimulus in times of emergency
Bold crisis management investment/growth investment What they have in common is that monetary easing policy will continue, and if the Takauchi Cabinet is elected, the government will implement aggressive fiscal policy.
The Japanese government had no balance sheet
The fact that the Japanese government's balance sheet was introduced for the first time in １９９５ means that the Japanese government did not have the concept of strategic investment, which companies take for granted. How can you invest without a balance sheet or cash flow statement? It was only a matter of being able to compare the income and expenditure for a single year, or the previous year. The term "primary balance" has come to be used like crazy. At that time, Japan believed that deregulation would revive the economy, and the government repeatedly took the approach of relaxing regulations through legal revisions.
Dual structure of industrial transfer and wages
As a result, the Japanese government was unable to rebuild the national economy or make strategic investments for economic growth after the collapse of the bubble, which was an unprecedented economic crisis. More than ３０ years have passed since we stubbornly closed the doors. Then, companies moved their manufacturing sectors to emerging countries, and GDP and tax revenues mainly went to neighboring countries such as China, creating a dual wage structure of dispatched labor in order to prevent an increase in the number of unemployed people in Japan. . The economic disparity that arose from this process is said to be one of the causes of the current declining birthrate.
Choosing the next president based on policy
So, has Abenomics ruined Japan? Would that also mean denying Sanaenomics? Or will we continue to turn down investments from the government as we have been doing, paying close attention to the primary balance under the guidance of the Ministry of Finance and listening to the beautiful words of fiscal consolidation? The point of contention should be to gather opinions on whether or not bold fiscal spending by the government is necessary. In any case, regardless of whether the policy is better or not, there are parts where it seems like the point at issue is not policy at all, but just an extension of a personal attack, which is unfortunate.
I'm participating in the ranking.Please click and cheer for me.
Korea is opposed to Sado Kanayama's application for registration as a World Heritage site.Japan have evidence that it was not forced labor.
The Cabinet's decision in April 2021 and the inclusion of warship islands as UNESCO World Heritage sites are posted on the grounds that the recruitment at that time was not a forced labor.Forced Labour Convention in 1930.
When registering as a warship island, South Korea strongly opposes it, and Japan has even proposed a draft of the plan, saying that it will support it if it writes forcedlabor.Japan refused, and at the Japan-South Korea Foreign Ministers' Meeting, South Korea finally agreed to write forcedtowork.The Korean side was particular about the description because it knew that forced labor would be described as forced labor in the Forced Labor Convention at that time.Recruitment is not included in forced labor.It is stated in Article 2-2.The recruitment of the General Mobilization Order falls under paragraph (b).
South Korea opposes Japan's move to apply for the registration of Sado Kanayama as a World Heritage Site, saying it will not allow forced labor to be designated as a World Heritage Site.This is just the same view as it was on Gunkanjima.
C029 - Forced Labour Convention, 1930 (No. 29)
ARTICLE 1
1. Each Member of the International Labour Organisation which ratifies this Convention undertakes to suppress the use of forced or compulsory labour in all its forms within the shortest possible period.
ARTICLE 2
1. For the purposes of this Convention the term forced or compulsory labour shall mean all work or service which is exacted from any person under the menace of any penalty and for which the said person has not offered himself voluntarily.
2. Nevertheless, for the purposes of this Convention, the term forced or compulsory labour shall not include--
(a) any work or service exacted in virtue of compulsory military service laws for work of a purely military character;
(b) any work or service which forms part of the normal civic obligations of the citizens of a fully self-governing country;
(c) any work or service exacted from any person as a consequence of a conviction in a court of law, provided that the said work or service is carried out under the supervision and control of a public authority and that the said person is not hired to or placed at the disposal of private individuals, companies or associations;
(d) any work or service exacted in cases of emergency, that is to say, in the event of war or of a calamity or threatened calamity, such as fire, flood, famine, earthquake, violent epidemic or epizootic diseases, invasion by animal, insect or vegetable pests, and in general any circumstance that would endanger the existence or the well-being of the whole or part of the population;
(e) minor communal services of a kind which, being performed by the members of the community in the direct interest of the said community, can therefore be considered as normal civic obligations incumbent upon the members of the community, provided that the members of the community or their direct representatives shall have the right to be consulted in regard to the need for such services.
National debt is not the people's debt - The country is not a company - Breakdown of government bond holdings that still do not penetrate public opinion.
The image at the beginning shows the breakdown of Japanese government bond holdings. I sometimes see people say that national debt is the nation's debt or that it is the same as corporate debt, but national debt is the government's debt, not the people's debt. Even if a country is compared to a company, companies do not borrow money from their employees. Debt comes from outside the company, and in this case, it involves purchasing Japanese government bonds from overseas. If most of the debt is overseas, it is natural that the company will default if it cannot be repaid. Purchases of Japanese government bonds from overseas account for 7.3%.
If you really want to say that it is the same as a company, would you say that purchases in Japan are borrowed and borrowed within the company or within the group company? Yoichi Takahashi considers the Bank of Japan to be the same as a subsidiary of the government, and explains that it is the same in terms of consolidation, regardless of whether interest is charged. The Bank of Japan holds 53.2% of Japanese government bonds. He is well known for introducing BS to show that the country holds government assets equivalent to the government's debts (excluding the holdings of the Bank of Japan). The total amount of government assets ranks first in the world, exceeding both the United States and China. Below is the balance sheet (BS) of Japan.
Furthermore, Japanese government bonds are mainly traded in yen, which means that there is no change in value based on foreign currencies. In the case of foreign currency transactions, if the value of your home currency plummets, the face value of your debt will rise accordingly. Suppose your country's currency drops to half its value. Alternatively, if the foreign currency used when trading government bonds doubles, the debt will also double, but since the transaction is in Japanese yen, there will be no effect at all. In an extreme case, former Prime Minister Aso said that repayment would be possible by increasing the number of yen bids. In this case, there will be inflation and the value of the yen will fall, but the theory is that the debt can be repaid because it is the face value of the yen. This was actually said by Taro Aso, a former Prime Minister and former Minister of Finance.
Secondly, the Japanese government is also the world's No. 1 creditor country. In other words, they have foreign bonds and foreign assets. The fact that we are currently talking about national debt as a problem is actually making a fuss about only the debt part, and in fact, Japan has the most foreign assets in the world. This assumes that the government bonds are denominated in yen as mentioned earlier, and if more yen is printed, the value of the yen will fall and the yen will become weaker. If you do this, overseas assets purchased in dollars or euros will increase in value when converted to yen, so the difference will be a large income. Even with the current depreciation of the yen, a large profit margin was generated due to the increase in the valuation of overseas assets.
Representative Sanae Takaichi has advocated the ``Japanese Economic Resilience Plan,'' which calls for a temporary freeze on primary balance (PB) regulations and calls for industrial investment through the issuance of government bonds. She says that even if inflation were caused by printing more yen, it would not have a big impact if the inflation rate was less than 2%. Currently, the yen is depreciating due to the difference in interest rates due to the Fed's interest rate hikes, but the original goal is to induce a depreciation of the yen through the issuance of government bonds and increase the number of bonds, strengthen international competitiveness, and increase wages and tax revenues through rising prices. If the manufacturing industry returns to Japan due to the weak yen, GDP and tax revenue will increase, and government debt can be reduced. For now, this is just the effect of a weaker yen due to interest rate differences, but we are already seeing significant results.
In other words, those who claim that government debt is bad have the completely opposite idea. What ruined Japan after the bursting of the bubble was rather the primary balance discipline, the inability to focus on single-year income and expenditures and to make long-term investments. Japan tightened its finances in the most critical economic situation. If it is the same as a company, when the company is in crisis, the company's safe is closed like a shell, and for the past 30 years, the company has been operating in a state of poverty and not being able to make long-term investments. This is the so-called curse of PB by the Ministry of Finance.
Judgment cases seen from the murder of former Prime Minister Abe and the murder of a member of the Diet in the past. [Table of Contents]
Assassination of Inejiro Asanuma
Hyōsuke Niwa stabbed
Shinjiro Yamamura stabbed case
Koki Ishii stabbed
Nagasaki Mayor Shooting Case
Indefinite imprisonment in past examples
Planning is the worst
1 Representative and degree of influence
Life imprisonment or death penalty
Inejiro Asanuma, chairman of the Japan Socialist Party Central Executive Committee, is a 17-year-old right-wing boy, Otoya Yamaguchi, during a speech at the Hibiya Public Hall in Chiyoda-ku, Tokyo on October 12, 1960. The case of being stabbed by an arrow.The criminal Yamaguchi committed suicide in a single room at the Tokyo Juvenile Classification Home on the night of November 2, three weeks after the incident.
October 21, 1990 A former member of the House of Representatives (12th term) belonging to the Liberal Democratic Party and Hyōsuke Niwa, a member of the Aichi Prefectural Assembly (2nd term), was temporarily discharged from hospital due to schizophrenia at the Ground Self-Defense Force station in Nagoya city. He was stabbed in the neck and died the following month.The criminal is readmitted to a mental hospital.
In 1992, on April 12, the day before his visit to North Korea as the leader of the LDP delegation, he was stabbed and killed by a 24-year-old second daughter who suffered from a mental illness at his home. Her second daughter wasdetermined to be incapacitated due to her loss of soul and was not prosecuted, but she committed suicidefour years later.
On October 25, 2002, Democratic Party member Kouki Ishii died after being stabbed in his left chest with a Yanagi knife at his home parking lot in Setagaya Ward. On June 18, 2004, the Tokyo District Court sentenced him to life imprisonment, stating that he could not trust the defendant's alleged "financial trouble" motive.On November 15, 2005, the Supreme Court confirmed a sentence of life imprisonment.
At 7:51 pm on April 17, 2007, Mayor Ito, who was on a tour, arrived in front of his election office in Daikokumachi, Nagasaki City, near JR Kyushu Nagasaki Station. He was shot at around 7:51:45 pm shortly after staff told reporters that the mayor had returned.
On May 26, 2008, the Nagasaki District Court sentencedto death, pointing out that it "shook the foundations of democracy, such as confusing elections."
On September 29, 2009, the appeal trial at the Fukuoka High Court abandoned the first-instance judgment, andwas sentenced to life imprisonment again. In a peculiar case in which the incumbent mayor was shot dead during the election, the suitability of the death penalty for one victim became the biggest issue. Regarding the reason for avoiding the death penalty, Judge Shoichi Matsuo pointed out that "It is necessary to fully consider that there is only one victim."
He then decided that "it is a challenge to democracy, but the motive is a grudge against the victims, not the purpose of obstructing the election itself," and concluded that "the choice of the death penalty must be hesitant."
Regarding the cases where politicians were killed in the past, except for the case where the criminal committed suicide, both the case of Kouki Ishii's murder and the case of Tetsuya Shiroo's shooting have been confirmed as indefinite imprisonment for the murder of one victim.
The murder of former Prime Minister Abe includes social impact, election obstruction, firearms tampering, sword law violation, planning, clear murder, execution of murder, and unclear motives. When considering planning, it is a weapon that manufactures firearms by itself and is prohibited by law that has the ability to kill, which is considered to be the most malicious in terms of planning.
It is not at the level of purchasing kitchen knives in advance at a home improvement store or making a detailed action plan to kill the victim.
There is no doubt that he is one of the most influential people in Japan in terms of social impact, but since he is a general member of the Diet, it is unknown to what extent it will be added.
The motive is attributed to personal grudges, but there is no causal relationship between the suspect's mother and religious groups.There is no causal relationship with former Prime Minister Abe. , I can't find the part that takes into account the situation.
If you look at past examples, you will be sentenced to life imprisonment, but it will be interesting to see if you will be sentenced to death.Former prosecutor Yoji Ochiai points out that there is a possibility of the death penalty, using the death sentence of the first instance of the Nagasaki District Court as an example.
Although it is an epoch-making judgment as a death sentence for the murder of one person, what kind of judgment will the judiciary make regarding planning, its maliciousness, selfish motives, etc.? The anger of the people does not seem to subside.
The letter he wrote to his fiancée before the suicide attack contained nothing but compassion for the people left behind. This is a letter that Captain Toshio Anazawa sent to his fiancée before the suicide attack (partial excerpt). Chieko received the letter four days after Captain Anazawa passed away. The true state of mind of a man who goes into battle is not filled with any grudge against the enemy, but only consideration for those left behind.
-----
~I have nothing but to wish for your happiness.
Don't get hung up on the small principles of the past. you don't live in the past
Have the courage to forget the past and find new opportunities in the future
You live in the reality of the coming moments. Anazawa no longer exists in the real world.
It may have been extremely abstract, but I hope that it will be useful in various concrete situations that will occur in the future, and that it is not a selfish or one-sided statement. I am speaking from a purely objective standpoint. The cherry blossoms in this area have already fallen. I'm sure my favorite maiden will be visiting here soon. I'm not sure what to say at this point, but I'd like to express my feelings a little.
●Easy to read book
``Manyo'', ``haiku collection'', ``dōjō'', ``one-point bell'', ``hometown''
●Pictures I want to see
Raphael “Virgin and Child” Hogai “Sad Mother Kannon”
●Chieko: We meet often, talk often, and have no sex.
The future will be bright and cheerful. Not giving up on herself, she cheerfully smiles and marches on.
Toshio
Chieko-sama
Before colonial rule or international law, bilateral commitments must be fulfilled.This is international common sense.
Was colonial rule legal or illegal at that time?History shows that.This is because there was no law or concept to ban colonies.Although not well known, Japan was the first country in the world to submit a bill to abolish racism in 1919.The attempt failed just before it was passed, and the United Nations Declaration on the Elimination of All Forms of Racism in 1965 had to wait.
There is a saying that the origin of international law is Hugo Grotius' Law of War and Peace, but he is a playwright and poet.It would be impossible to establish international law without international organizations.In a country governed by law, how does international law work now that police power can be controlled?What is the International Court of Justice?It is only after the two countries with disputes appear in court.If the other country does not appear in court, it will not work at all.
There is no police in the United Nations to crack down on the world, and the International Court of Justice will be held with the consent of both countries.
What the United Nations can do now is limited, saying it violates international law.Sanctions cannot be imposed without unanimous agreement among permanent members.The only thing that can be done is economic sanctions.How, then, can the two countries keep their promises?It is written in a treaty between the two countries, and if the treaty is deemed invalid, one country can unilaterally impose sanctions.
The South Korean government is clamoring for Japan's violation of international law and international law, but let's take a look at the Japan-South Korea Basic Treaty.The Japan-South Korea dispute resolution exchange document states, "The dispute between Japan and South Korea will be resolved through mediation in accordance with the procedures agreed upon by the two governments."What is mediation?It will now be the International Court of Justice.Even if the Japanese government invites them to the International Court of Justice, the Korean government will not respond.It remains the same as before and now that bilateral treaties should be observed before international law.
In principle, the commitments between the two countries are fulfilled by the two countries.It is clearly stated that the dispute resolution between Japan and South Korea should be resolved through mediation.
