Skepticisms on Takaichi’s Public Finances
Prime Minister Sanae Takaichi insists that she would promote “responsible and proactive public finances” as the policy for the Lower House election with highest priority. However, it is unclear what “responsible” and “proactive” mean. Although she stresses necessity for strategic investment, markets respond to her economic policies with skepticisms about the future financial balance of the government of Japan. The Liberal Democratic Party (LDP) raises “strong economy” at the first policy for its election campaign, prior to local revitalization, diplomacy and security policy, social security and constitutional amendment. Takaichi’s portraits with her smile are featured between the pages of campaign flyer , indicating that the party is heavily dependent on her popularity among the people. The platform defines responsible and proactive public finances as creating positive cycle of investment and growth through emboldened investment, powerful economic growth and increase...