Editorial

14:30 JST, October 20, 2024

The Japanese economy is at a critical juncture, having emerged from a long period of stagnation and now heading toward renewed growth. Rather than competing with each other through proposals for budgetary handouts, political parties should debate specific measures to boost growth.

Economic measures should be focused on how to deal with rising prices and ensure that larger wage increases take root.

Political parties have set immediate measures against high prices as the main pillar of their campaign pledges for the upcoming House of Representatives election.

The Liberal Democratic Party has pledged to provide cash benefits to low-income households. The LDP apparently is thinking it is necessary to take measures to support households struggling with rising prices of rice and other........

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