Wednesday, July 8, 2015

Japan of one after another people the American economy

[Final Consideration sequel about the Japanese economy]
http://ameblo.jp/takaakimitsuhashi/entry-10691762670.html

Yesterday, but has received some of your job Chick approached from the direction of the political system organization (of everybody well know), Mitsuhashi just Except for one exception, it does not have to turn down the request, such as basically your job ( ability basis, but it is separate from the case scheduled basis and unreasonable). Just speaking one exception is with something, of course it is a request from the "Democratic Party" (but already refused once).
In this way to write, "If you become for Japan, it should receive also the work of the Democratic Party?" Is written as is likely. It might be so, but really the other, only the Democratic Party is the physiologically useless.


Big news in the United States has continued.

"The US midterm elections: Republican majority recapture in the House of Representatives - increase seats in the Senate
http://www.bloomberg.co.jp/apps/news?pid=jp09_newsarchive&sid=aBjg42f0J89I
Japan and the United States mid-term elections of Tokaihyo, the Republicans recaptured the majority in the House of Representatives, stuffed the difference between the number of seats as well as the Democrats in the Senate. Employment and spread concern among voters Tour of the economy, the Democratic Party of President Obama had been to stand in inferior.
In the House of Representatives elections, Republicans won after another the battleground to the tailwind the opposition to President Obama over the internal affairs issues. (Koryaku) "

Republicans won the midterm elections.
This Well, but's a predictably, personally surprised me was is Republicans of "tea party" system, is that decided one after another win. Speaking of what a tea party, a group of conservative citizens dissatisfied with the economic stimulus package and health care reform the Obama administration, "and opposition to big government, modern version tea-party (that of the Boston Tea Party)" such I.

In other words, there mean that people of "small government" principle of Baribbari. Members of the tea party, eye and and medical insurance system reform also say the Obama administration, expansion of government of various regulations and support measures, it is not that people who are opposed to the economic stimulus package, including the bailout.

Exactly,
"Bubble collapsed, the government extend expanding forced to fiscal stimulus, the opposition forces that shout" small government! '"
But, following the United Kingdom who started the largest scale of austerity after the war, I is not got to realize in the United States. Tea party system is believed to obtain a constant say even within the Republican Party in the future, the Obama administration is going to be increasingly tough position. Budget of the centerpiece of the health care bill (health care reform) as well, will have been reliably scraped from the Republican Party.

In addition, critical voice is enhanced also additional fiscal stimulus of course, the "deregulation! Than fiscal stimulus", somewhere I wonder whether the voice is not going to become larger, such as heard in the country, and I expected to have. ... When Depression economy to deregulation (private debt to go environment reduced) under.

That in addition, "culprit that administratively exacerbated the American economy", or fixed exchange rate regime of whether managed float system of the, to China have taken a strange administrative exchange rate policy that you do not know well, people I think that goes a growing original revaluation pressure. Indeed, I think the Ministry of Finance not to certified exchange operation countries at the next timing.

"The wave of deflation in the long line Manhattan to 80 yen pizza in NY
http://www.47news.jp/CN/201011/CN2010110201000582.html
In Manhattan, New York, which is known at the height of one of the best prices in the United States, pizza shop that was selling for 99 cents (about 80 yen) pizza is a popular, which can open, long line. Well as large retailers dealing with low-priced products advance. even in a big city in the United States that deflationary concerns increases have been surging the "wave of deflation".
Set up a shop in the middle of Manhattan "99 cents fresh pizza" is also one piece 99 cents of pizza sale. It is a simple taste of just tomato sauce and cheese, but can be a column at the time of noon. side by side men who work in financial institutions had to talk to be "because salary than a period of time has been drastically reduced, I survive the meal is cheap." (Koryaku) "

"FOMC: US ​​Treasury $ 600 billion additional purchase, continues until the end of June
http://www.bloomberg.co.jp/apps/news?pid=90900001&sid=ac99PkqrT_wo
US Federal Reserve Board (FRB) has issued a statement after the end of the Federal Open Market Committee of the 3rd (FOMC), it showed the policy to purchase additional government bonds of $ 600 billion over the next year in June. FRB is an attempt towards unemployment reduction and avoid deflation, but to expand the economic stimulus measures in the past up to scale, there is also the risk of impairing the authorities own trust. (Koryaku) "

Worsening government finances after the collapse of the bubble economy, the demand for "small government" and "deregulation" (of course "fiscal consolidation" also) increases.
In the town, extremely inexpensive products and services is touted.
The central bank, in effect does not rise, repeat the monetary easing while struggling.
Less bank operational destination, interest rates of savings is, down to the extreme, even lower government bond interest rates.

Recent United States, has come to closely resemble Seriously in Japan, it is scary. When the US economy resulting in a full-scale Japan of, just and until 2007 it will be "a different world" appears.

In that sense, and now it is a translation I think the turning point of history.

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