Abe Set to Win on Sunday

Abe argues that he is the leader to overhaul Japan and catch up with the outside world.  After his landslide victory in 2012, he fired up the country with talk of three economic arrows.  Radical monetary easing, extra public spending and bold reforms to ease the machinery of the economy.

Abe is looking for another mandfate from voters in the snap general election for the lower house of the Diet.  A consumption tax crimped the economy.  The Japanese like the Germns may be congenital savers.

Unemployment has falled to 3.5%   Wage rises have not kept pace with inflation.

Workers’ hours have been the subject of heated debate.  The government finally applied new laws, but only to the best-off workers.

Some say Abe does not have the courage to face down the LDP, which hates monetary easing, loves public spending and despises reform.

Now he is talking reform and if he is seroius we might ee mobility in a rigid labor market, slashing waste in medical care, liberalizing the electricity market and a shake up in agriculture.  Most important are the archaic work rules.

Abe

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