Currently, it takes some time to respond to comments because I have some other things I have to prioritize.

Sunday, October 10, 2010

Mr. prime minister, are you serious?

Japanese government has decided to cut down the number of to-be-hired public workers for the next year.
This simply means 4500 jobless people will lose opportunity for job.
After the economic bubble bursted, the government has spent money to support the citizens' stagnated consumption for economic growth.
Japanese people haven't recovered from the shock and still unlikely to spend a lot.
Why would a government cut the expenditure when a country is under this kind of situation?
The government needs to fill the gap between Supply and Demand in order to stabilize the economy.
Japan will run into disastrous recession when the government; only one sector spending among the companies and citizens; cease to spend money.

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