It is a new economic measures of the United States, but "4 trillion yen of public investment" in still other day seems to was only a portion. This time of economic measures (parliament has not yet passed through), it will reach the scale of the total 15 trillion yen.
In terms of content, is intended to stimulate the "investment" in the country (Mr. Gartner) Iki~tsu is, I think that if not for a pretty good direction. The combination of "public investment" and "corporate tax cuts (However, research and development tax cuts)" is pretty. By all means, there is a place you want to know the details.
I've made a entry before, Watakushi is opposed to "corporate tax entirely tax cuts" of deflation. The first place, despite the small investment companies (private capital demand is small) it has become a problem, even by lowering the corporate tax recklessly, only increase the retained earnings. Moreover, small and medium-sized companies that seem to have the most trouble is, in the first place does not have a few places that do not pay corporate tax. Even lowering the corporate income tax in that situation, it is why there is no benefit to these companies.
However, the kind of investment tax cuts that focus point is is valuable to today's Japan. Only with the public investment, the effect of government spending will be limited to infrastructure-related companies (and vicinity), by combining the corporate tax cuts that focus there to target, it is possible to expand the effect of economic measures It is why.
"US Treasury Secretary:" stimulate investment additional economic measures of the Obama administration "-FOX
http://www.bloomberg.co.jp/apps/news?pid=90920014&sid=addtDh8xcMOg
US Treasury Secretary Timothy Geithner, the Obama administration's economic policies in order to increase the employment incentives for companies Congress complained that he should pass. He told the 9th in an interview with the US television station FOX Business Network.
Geithner Secretary, infrastructure and research and development tax cuts were announced in the 8th, proposal of President Obama, including the additional economic measures of employment promotion measures totaling $ 180 billion that incorporates such as (about 15 trillion 90 billion yen) is "in the United States to further stimulate investment, "it explained that it is content.
In addition, these proposals will boost that "companies are accelerating the return to work of people", showed the recognition that also contribute to the employment market recovery. Of August the unemployment rate has risen from 9.6% and, last month of 9.5%. (Koryaku) "
After all, most important for now of the United States would What is "employment". This left the unemployment rate remained high (or, a further deterioration) is facing a mid-term elections in the situation that the defeat of the Democratic Party is inevitable.
In order to expand employment opportunities, of which the economic measures, it is not trying to return to the growth path that investment companies to tow.
Not only that.
"Stiglitz said: austerity in Europe error - leading to slower growth
http://www.bloomberg.co.jp/apps/news?pid=jp09_newsarchive&sid=a9OBg9zncKCk
Columbia University Joseph Stiglitz's Nobel laureate in economics professor rice, about what the European governments after the global recession is pushing the austerity, pointed out that it is "wrong policy" , I showed the view of the lead in the European region and the US economic growth slowed.
Stiglitz said the 7th, told reporters in Budapest, referred to as "Europe is taking the wrong policy of austerity". Germany and the UK, if France has continued its commitment to budget cuts, he said, "range is systemic impact on the whole of Europe."
Stiglitz said last month the 24th, in an interview with radio station RTE of Ireland, from the fact that governments in Europe are promoting the spending cuts for deficit reduction, there is a risk that regional economy to revert to recession It showed the view that.
He this day, explained that "the fact that the European economy is slowing down, fewer US exports, but that weaken the recovery of the US economy through export-led." "US and European growth, well below signs the level necessary to push down the unemployment rate has certainly seen," he added. "
Stiglitz's "European austerity is error - leading to slower growth," For, Mr. recent Dennis Sunowa "Greece is trying to stop the Ikinone tighten their neck by thrift" are saying the same thing as Because only, I will omit.
It was thought that more interesting than it is, Stiglitz said,
"I Europe. Na promote the spending cuts for deficit reduction. Regional economy to revert to recession. Sonaruto, fewer US exports, is troubled because weaken the recovery of the US economy through export-led."
And, it is not to say.
No early, really the United States by increasing the export-led, I'm trying to return to the route to economic growth path and employment expansion. "To the American exports to double in five years," said President Obama at the beginning of this year, either would be that it was serious.
Even so, as Mr. Stiglitz,
"I Europe, Stop it the deficit reduction. For our America."
That attitude is really enviable. Apart from the present invention is not limited to economists, everyone is openly for the "national interest" (somewhat, egoism has entered) society that can describe Ceylon what, it is not I think is the original global standard, yes.
So, proudly described the "national interest" in Japan, those of the few polemicist. (Information provided KW like. Deep appreciation!)
"29th generation aviation chief of staff Toshio Tamogami official blog aspirations are high, economic recovery is impossible in the hot burning" waste of exclusion "
http://ameblo.jp/toshio-tamogami/entry-10641575044.html
In (Dear) Now our country, the situation of deflation is in progress. When you said that eliminate the waste in this situation, deflationary trend will be further accelerated. Debt can not return permanently. Reform Toka, efficiency streamlining, such as waste elimination is the inflation measure. The efficiency in the economy is bad, if it is to do the work that had been done in a more 10 people so far in five people, five people is to no longer work. There is no choice but to increase the public investment at a time like this. However, the people who public works believe that it is evil, it can not be if it. No more, it means that happens by increasing the deficit bonds. But if it, you want to question whether I there is no deficit bonds by waste elimination. Saying a waste of exclusion or not the deficit bonds continued to increase. What is waste is eliminated if accustomed to political leadership. Whether such as free of child allowances and high school tuition is not in vain.
Japan, must hurry to deflationary measures to extend the GDP. To GDP of the world has doubled in the last 20 years, only Japan's GDP is almost no growth. Even Japan, "defensive" now countries are becoming dangerous situation. There is a need for enhancement of military power. I think that should I Tsugikome money what to research and development of major equipment of the Self-Defense Forces now. Such as the development of the domestic fighter, I think is very effective as a deflation measures. About 7,000 companies I will be participating in the development of the fighter. Japanese industry, it would be to find highly active. I think Otsuri come Some 10% of the child allowance. (Koryaku) "
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