Record tumble in Japan machinery orders casts doubt on Abenomics

The problem is that stupid sales tax hike.

It probably is stupid to raise taxes while trying to get growth going, but even Abe's own hand-picked man at the BOJ is telling the government to make more efforts to get the fiscal situation under control.

The lack of a consistent and cohesive plan is perhaps the biggest problem?

'SITTING ON 220 TRILLION IN CASH" The problem is the unwillingness of the corporations currently benefitting from Abenomics to go into the second phase and "pay forward".

If they could make corporate tax cuts contingent on hiring...

And the straw house that Shinzo Abe builds starts to burn. The day he performs seppuku is the day Japan will re-start enjoying the peace it has been having since after the Americans bombed their atomic bombs on Nagasaki and Hiroshima. But this coward with a big mouth and a dangerous heart does not have the balls to do so.

What a brilliant idea Abenomics is turning out to be! Whodathunkit?

bruinfan, you hit it on the head. Corporate tax breaks and inflation without salaries rising, and not just among "salarymen", will ruin this country.

"The numbers don't lie. Japan is back in business." - Shinzo Abe, November 2013.

Abe has no background in economics. I have no background in design. He has exactly the same justification for pushing "Abenomics" as I do for pushing "lucabrasichic".

And, according to my darling wife, I dress like a tramp....

When an arrow hits the economy's bull, the animal will gain some energy with the pain. After 2 more arrows, well, the bull is ready to be fed to the bear.