Saturday, August 14, 2010

The nation that eats its young

I don't have much to say about this article on how the Lost Decade has affected Japan's youth, except to say that where Japan is right now is where we can be in ten years. If we continue with our current economic policies, we will have a lost generation, one that will find it virtually impossible to regain their footing. We must act now, to stimulate the economy further, to boost employment, and increase inflation. Inaction, in this case, is the same as actively making the economy worse.

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