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 years, it decreased by 4.8%, the first negative growth in 11 years. (Omitted) ” Once again, GDP is the total of "production", the total of "expenditure (demand)", and the total of "income". It is the principle of GDP three-sided equivalence. Graphed the nominal GDP of the calendar year. The GDP that disappeared in the year 2020 is 22 trillion yen. The income of about 175,000 yen per person has disappeared. Moreover, this is a "simple average". The impact of corona damage on income is disparate. The number of people who have worried about the disappearance of income of 175,000 yen or more per year will be enormous. Ironically, the Nikkei average recovered to 30,000 yen on the same day that the 2020 GDP was announced. It will be the first time after the war that the gap between the income trend of the people and the stock price has widened to this extent. Long-term deflation, repeated consumption tax increases, and the Corona Depression. "Work as a producer, produce goods and services, and earn income." While the people were in distress, stock prices rose due to the effects of monetary easing, including the BOJ's purchase of ETFs. Wealthy people who can afford to buy stocks will increase their wealth, and the income of the majority of the people will decrease on the other side. The people are divided and the disparity is widening. It has become a dangerous situation. Of course, the nominal GDP for the October-December period of 2008 has not recovered to the level before Corona (or rather, before the consumption tax hike in October 2019). Moreover, it is certain that the economy has "re-shrinked" since the state of emergency on January 7, this year. As I wrote before, according to a calculation by Japan Research Institute, the drop in GDP (estimated) in the month from January 7 is 2 trillion yen. Furthermore, due to the extension in February, an additional 4.1 trillion yen will be added. Japan will lose more than 6 trillion yen in GDP due to the two-month state of emergency. The income loss per person is about 48,000 yen, but of course the damage to the people is scattered. Currently, the regular budget for parliamentary deliberation does not take into account the economic downturn in the January-March period of 2009. A supplementary budget is required. For the time being, gross profit compensation to companies and cash benefits to the people. Deterioration of corporate performance, unemployment, and loss of income kill the people. Adults, children, regardless. On February 15, the Ministry of Education, Culture, Sports, Science and Technology revealed that the number of elementary, junior high and high school students who committed suicide in 2020 was 479, a significant increase from 339 in the previous year, the highest number ever. "Suicide of elementary, junior high and high school students, a large increase in corona, the highest number ever, prominent high school girls-Ministry of Education The Ministry of Education, Culture, Sports, Science and Technology revealed on the 15th that the number of elementary, junior high and high school students who committed suicide in 2020 was 479, a significant increase from 339 in the previous year, the highest number ever. In particular, the number of high school girls has almost doubled to 138, and the Ministry of Education, Culture, Sports, Science and Technology considers it to be the effect of the new coronavirus and will proceed with detailed analysis. (Omitted) ” Austerity is killing children as well. If we do not accept this reality, speak out to politics (politicians), and make crazy policy changes, we are not qualified to be Japanese nationals.