As Japan’s GDP turns negative, more needs to be done to fuel growth and create a virtuous economic cycle that supports boosting consumption.
Economic measures should focus on building national resilience to prepare for the future, not on pork barrel spending and temporary tax cuts that please voters.
Kishida must demonstrate strong leadership in his own party if he expects to implement his key national policies, including security and constitutional reform.
Kishida seems to be betting on tax cuts to keep his administration afloat, but his approach is "incongruous" with the anticipated defense tax hikes.
The PM's policy speech addressed many issues but failed to firmly address the nation's security and his tax cut proposal seemed designed to curry public favor.
Amid growing calls for consumption tax cuts among lawmakers, a ruling party group is even proposing tax exemptions for necessities. But is this feasible?