Amari: No need to be so pessimistic about household spending

Amari: No need to be so pessimistic about household spending

why? No tough questions please (?)

Well, after Abe ruined the economy, why should we be pessimistic?

I would think apathy would be a more appropriate emotion.

Of course not,,,we must not allow the data to jeopardize the second tax raise....we should all be optimistic and happy about the fact everything is more expensive and everyone is spending less. Seriously, Abenomics is failing , third arrow ( the most important ) is non existent and the govt. clowns like Amari are just lying through their teeth, as usual.

Yes, a professional liar I expect.

"Amari, speaking to reporters, also said he wants to create an environment in which the nation’s factory output can rise"

Put the tax back to 5% or to the original 3% and cut wasteful government spending already.

Amari

wants to create an environment in which the nation’s factory output can rise

In other words an industrial export driven recovery. Good luck with that.

With his salary and prospects of getting re-elected I'm sure he doesn't feel too pessimistic about anything.

Amari grasping at straws. He and his cohorts live in Fantasyland.

All Amari, Kuroda, and Abe have left to use is words. But words have no substance, and the Japanese economy needs much more than verbal encouragement to recover. Like many Japanese, Amari, Kuroda, and Abe are afraid to actually make substantive decisions, they are merely spending more of the taxpayer's money, and pushing the inevitable into the arms of their unfortunate predecessors (and the rest of us).

As bad as things were, the medicine they have prescribed is only going to make the economy worse. When the fall comes, these guys has better get out quick, lest they end up tarred and feathered.

Home equity loans have finally started in Japan (only 40 years behind the US), so that will help - even if they are limited to 10 million yen.