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Austerity is killing children

The GDP for the October-December period of 2020 has been announced. Although it increased by 3% from the previous quarter, it was known that it would be positive because it was in the process of recovery from the April-June quarter. This time, what is important is the year-on-year comparison. The economic growth rate of 20-year trade is ▲ 4.8%. It was the second negative margin in the history of statistics after the Lehman shock period (2009). "GDP real annual rate increased by 12.7%, decreased by 4.8% in October-December 20 years The preliminary gross domestic product (GDP) for the October-December period of 2020 announced by the Cabinet Office on the 15th is a real seasonally adjusted value excluding the effects of price fluctuations, which is 3.0% from the July-September period, 12.7 on an annualized basis. %Increased. Although it has been positive for the second consecutive quarter, GDP levels have not reached before the spread of the new coronavirus. For the full year of 20
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Yoshihide Suga and Yoshihiko Noda, horrifying austerity politicians

The horror of austerity politicians is "I'm telling the people tough, I'm cool!" And soaked in self-euphoria, and for voters "I'll hurt you for the sake of future generations, but that's okay. No way, you guys don't say you're willing to hurt future generations for yourself." And, it is about to force self-sacrifice. In reality, Japan, a sovereign currency country, does not have to demand any (monetary) sacrifice for future generations or current generations. It is simply a matter of the government issuing money (government bond issuance + fiscal mobilization). "Yoshihide Suga and Yoshihiko Noda pointed out that" I think it's important for me, "and the new and old prime ministers" engaged "with fiscal consolidation. In the parliamentary debate where disagreeable debates were conspicuous, there was a rare scene where the questioner and the respondent were in step with each other. This is an exchange between Prim
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Counterargument to David Atkinson's counterargument

His David Atkinson clearly turned to me "Because of deflation, it is impossible to improve productivity." I was writing a contribution called. (Probably, "Takaaki Mitsuhashi's urgent proposal" is his influence for the development of Japanese SMEs and local economies. After all, 400,000 views) Mr. Atkinson uses a worn-out "statistical trick" and claims that there is a "negative correlation" between productivity growth and inflation. Misunderstanding that "it is impossible to improve productivity because of deflation" There is a negative correlation between the productivity improvement rate and the inflation rate. ◆ It is a mistake to "explain the whole from some events" Six years have passed since I started complaining that "improvement of productivity is indispensable for the revival of the Japanese economy". In response to this claim, from the beginning, "In the case of Japan, productivity has nothing to
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