U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > World Forums > Asia
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 08-04-2012, 02:39 PM
 
37 posts, read 81,941 times
Reputation: 27

Advertisements

Why is it that Japan's economy has been so stagnant the past 15 years? Why no improvement?

I don't get it. They were one of the economic powerhouses of the 80s. What really is happening?
Reply With Quote Quick reply to this message

 
Old 08-04-2012, 03:15 PM
 
4,189 posts, read 4,401,397 times
Reputation: 2228
The government has embraced higher taxes, more regulations that are killing their business community. I was living there before the sales tax went into place and remember how it was sold "just 3 percent, we won't raise it", well, now it is going to ten percent.

The government there is corrupt and loves high taxes and payoffs. That is how it is and will stay that way. They have moved
many factories out of Japan and have a generation that will never have a decent job or career. It is sad. I don't see any changes but it is a teachable lesson for people in the USA. High taxes, regulation destroy jobs, companies.
Reply With Quote Quick reply to this message
 
Old 08-04-2012, 04:15 PM
 
Location: Another World Traveler
98 posts, read 234,175 times
Reputation: 110
Quote:
Originally Posted by totsuka View Post
The government has embraced higher taxes, more regulations that are killing their business community. I was living there before the sales tax went into place and remember how it was sold "just 3 percent, we won't raise it", well, now it is going to ten percent.

The government there is corrupt and loves high taxes and payoffs. That is how it is and will stay that way. They have moved
many factories out of Japan and have a generation that will never have a decent job or career. It is sad. I don't see any changes but it is a teachable lesson for people in the USA. High taxes, regulation destroy jobs, companies.
I agree that higher taxes and more regulation destroy jobs/companies. But the question here is how high is the tax and to what extent the regulation? Or if a tax cut is provided to a company, would that tax cut provide hiring local workers? To what extent would you regulate companies?

I've been posting this link all over this site . To me, tax cuts are ok if it creates good jobs to the local economy. I'd accept lower regulation if it doesn't hurt the local economy (or environment). If everyone is a Mother Teresa, I suppose extremely low taxes and minimal regulation would work. That said, I think corruption maybe the main cause of Japan's stagnation or even the US's 08' financial meltdown.
Reply With Quote Quick reply to this message
 
Old 08-06-2012, 06:54 PM
 
Location: SoCal
1,523 posts, read 3,323,170 times
Reputation: 1140
SImple..

The Illumanti, New World Order etc have reign over Japan.. The Japanese government are nothing more than just a bunch of puppets.. Btw the Illumanti are behind this whole 'green' idea of global warming etc etc..

Their goals are simple to deacrease wealth, prosperity & population..

It's happeining in EUrope and it's starting to happen in USA..

We need to wake up and seriously change things!
Reply With Quote Quick reply to this message
 
Old 08-06-2012, 07:00 PM
 
Location: Columbus, Ohio
1,413 posts, read 3,876,587 times
Reputation: 1425
Japan is stagnant because the world has caught up. They are not the electronics king anymore. I still buy only Japanese electronics, but more people prefer cheaper just as good electronics.

The same goes for autos. For the last 20 yrs if you wanted a long lasting dependable car, you looked at Toyota and Honda. Now people are going for cars that are close in quality and dependability and a bit more cheap.

The natural disasters there have not helped, it really slows the economy down where there is a major earthquake and Tsunami. They will probably have a major volcano eruption in the next decade.

Last but not least, they have changed culturally. Their birth rate is low, and they are losing factories to lower wage countries.
Reply With Quote Quick reply to this message
 
Old 08-10-2012, 09:36 PM
 
Location: Manila
1,144 posts, read 1,581,422 times
Reputation: 736
The Japanese story of the last two decades makes me sad....
Reply With Quote Quick reply to this message
 
Old 08-11-2012, 07:25 AM
 
957 posts, read 1,548,125 times
Reputation: 474
Quote:
Originally Posted by mrconfusion87 View Post
The Japanese story of the last two decades makes me sad....
On the other hand, get ready for China's boost
Reply With Quote Quick reply to this message
 
Old 08-11-2012, 11:22 PM
 
Location: Manila
1,144 posts, read 1,581,422 times
Reputation: 736
Quote:
Originally Posted by OZpharmer View Post
On the other hand, get ready for China's boost
I've been ready for it for years...
Reply With Quote Quick reply to this message
 
Old 08-12-2012, 06:15 PM
 
177 posts, read 236,055 times
Reputation: 148
overregulation IMO
Reply With Quote Quick reply to this message
 
Old 08-12-2012, 07:25 PM
 
1,730 posts, read 1,705,639 times
Reputation: 295
Japan is like a huge mafia family. That's not good for growth.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > World Forums > Asia
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top