Friday, April 10, 2009

A shortage of leadership and ideas

Yesterday Japanese Prime Minister Aso released his administration's economic support plan, amounting to 15.4 trillion yen or about $150 billion. Bloomberg reports that PM Aso's stimulus plan is receiving largely negative reviews from economists. This plan would result in Japan's total debt reaching 800 trillion yen by next March. The Bloomberg piece states that "Aso, 68, said the government

No comments:

Post a Comment