Across the ideological spectrum, a consensus is emerging: Fumio Kishida is unlikely to last another year as prime minister, and even now, he is only lingering on because no credible and attractive alternative has appeared.
The phenomenon of “working without a job” is gaining pace around the world, showing no signs of slowing down. But what does working without a job mean? Many readers may have no idea what I’m talking about. This phrase refers to working without employment; meaning that one has zero rights as workers under labor laws.
The Kishida government has declared that all Japan taxpayers have a “responsibility” to support its policy of dramatically increasing military expenditures, accepting the premise that Japan’s neighbors are likely to launch an armed attack unless deterred from doing so. This marks the effective end of “New Capitalism.”
Due to rising inflation, the recent decision to hike the average minimum wage appears set to offer little or no advance to the real quality of life for low-income Japanese. This comes in spite of Prime Minister Fumio Kishida’s economic policy theme of “New Capitalism,” which is supposed to create a fairer society by enhancing the living standards of ordinary citizens.
Far too many elderly Japanese have continued to slip into poverty, threatening their very lives.
