Re:Japan PM’s solution to dire birthrate has already been re...
by cykros on Tuesday January 24, 2023 @05:55AM
(#34502066)
And you'd think with all the inane things they've finances in the name of trying to stimulate economic activity they'd be putting more into subsidizing childcare and other birthrate stimulators. Surely that would be more stimulative in the face of multi-decade deflation than building parks absolutely everywhere.
It is interesting how birth rate ties into their whole economic picture -- after multi-decade deflation, they're still sitting at well under 3% unemployment, and a poverty rate only slightly higher than the United States. Prices may be falling, but apparently, when your population is simultaneously shrinking at such a rapid pace, it's less painful than you'd expect on the average household economically speaking.
It is interesting how birth rate ties into their whole economic picture -- after multi-decade deflation, they're still sitting at well under 3% unemployment, and a poverty rate only slightly higher than the United States. Prices may be falling, but apparently, when your population is simultaneously shrinking at such a rapid pace, it's less painful than you'd expect on the average household economically speaking.