I would just correct to read as New Komeito seeks Y2tril in cash....and Aso agrees. Anyway, it will be more meaningful this time than whatever impact it had last time.
If 2 trillion yen is shared out equally between 127,288,416 people (population of Japan as of July this year), that's 7856 yen each. That works out as you only get 38,000 yen if your household contains 4.84 people. With the falling birth rate and more old people living alone, I don't think the average household in Japan is that big.
So why are they telling us how much 'the average household' gets? Why not how much the individual gets? Surely that's easier for every one to understand. As it is everyone who lives with fewer than 3.84 other people is going to feel peeved because they're getting less than the average.
Do kids get coupons, too? Same as adults, or less? What's the cut-off age? Why can't we have some concrete figures?
Cleo, you are wrong by a factor of 2 in your first calculation.
2e12 Yen divided by 127288416 Persons is 15712 Yen each.
Then if it is 38000 Yen per household, this means there are 2.418
persons in each household. Not so unrealistic.
Seems you calculated with 1 trillion and forgot to scale.
electric - You're right. 2.418 people per household sounds much more reasonable. Apologies for my abominable maths skills (aka total lack of math skills).
Still think it would be easier if they told us how much per person.
Great, give us our own tax money back and we'll vote for you. Not. Why not just spend it on something useful or pay off the insanely high national debt. Or put it into pensions so that present day workers won't have to live on the streets after they retire.
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some14some at 07:02 AM JST - 30th October
I would just correct to read as New Komeito seeks Y2tril in cash....and Aso agrees. Anyway, it will be more meaningful this time than whatever impact it had last time.
Altria at 09:24 AM JST - 30th October
Show me the money!
cleo at 09:47 AM JST - 30th October
If 2 trillion yen is shared out equally between 127,288,416 people (population of Japan as of July this year), that's 7856 yen each. That works out as you only get 38,000 yen if your household contains 4.84 people. With the falling birth rate and more old people living alone, I don't think the average household in Japan is that big.
So why are they telling us how much 'the average household' gets? Why not how much the individual gets? Surely that's easier for every one to understand. As it is everyone who lives with fewer than 3.84 other people is going to feel peeved because they're getting less than the average.
Do kids get coupons, too? Same as adults, or less? What's the cut-off age? Why can't we have some concrete figures?
gaijintraveller at 10:28 AM JST - 30th October
I don't suppose he has decided when to hold an election yet. Perhaps, a week after the handouts would be an appropriate time.
ptolemy at 10:59 AM JST - 30th October
Thats how you do it, buy the votes. I am beginning to like Aso.
electric2004 at 12:56 PM JST - 30th October
Cleo, you are wrong by a factor of 2 in your first calculation. 2e12 Yen divided by 127288416 Persons is 15712 Yen each. Then if it is 38000 Yen per household, this means there are 2.418 persons in each household. Not so unrealistic.
Seems you calculated with 1 trillion and forgot to scale.
cleo at 01:15 PM JST - 30th October
electric - You're right. 2.418 people per household sounds much more reasonable. Apologies for my abominable maths skills (aka total lack of math skills).
Still think it would be easier if they told us how much per person.
cow76 at 02:47 PM JST - 30th October
Great, give us our own tax money back and we'll vote for you. Not. Why not just spend it on something useful or pay off the insanely high national debt. Or put it into pensions so that present day workers won't have to live on the streets after they retire.
Spidey at 03:17 PM JST - 30th October
A brand new (used) golf driver here I come!!
S
Nessie at 04:30 PM JST - 30th October
Good ol' Taro "Wimpy" Aso.
He'll gladly have Japan pay Tuesday for a hamburger today.
gogogo at 04:56 PM JST - 30th October
Define household? As a foreigner I don't think I'll be seeing any of that money.
YangYong at 08:54 PM JST - 30th October
Hmm... didn't think my housing loan could get cheaper, there's always more to gain in Japan. Hurray.
cracaphat at 11:24 PM JST - 30th October
Just a token gesture by LDP. I want Minshuto's 26,000 yen per month,per child until 15 to come through.
Badsey at 02:54 AM JST - 31st October
payouts in a bad year = bad.
-and I only see the economic conditions getting worse.
If people use the handouts to pay off debts it would be best.
Kimigano2 at 04:32 AM JST - 31st October
The government is dead set on bankrupting itself.