Bank of Japan delays inflation goal in blow to 'Abenomics'

Ridiculous. Targeting inflation instead of economic growth!!

Yet another delay? Well, nothing new here. Abenomics has been a failure since day one when it was proposed.

I can't believe folks still trust the word "ABENOMICS". It has a been a BIG failure.

Bungling Keynesian morons grasping at straws. They might as well organize a hunting safari in search of unicorns under the rainbow.

"Abenomics has been a failure since day one..."

Wrong. The economy is actually in better shape now than immediately before Abenomics.

And believe it or not, low growth, low interest rates and deficits are pretty much the new normal in nearly all developed countries these days.

http://www.economist.com/news/leaders/21702751-what-japans-economic-experiment-can-teach-rest-world-overhyped-underappreciated

Ludicrous. We have 40% of people on rubbish low paid part time and contract positions, of course these people don't spend. They may not have a job tomorrow. Never talks about the main reason the japanese economy will never recover does he, abe??

And what's this rubbish about people going out to spend more if prices are rising?? What are these "politicians"?? Elementary school kids? If prices are rising, people will spend even less. Besides, prices are rising or quantity /size of goods falling

"We have 40% of people on rubbish low paid part time and contract positions..."

That's due exclusively to the policies and attitudes of the companies who employ them, not Abe. Abe and other politicos are exhorting employers to raise wages, but they refuse and would rather hoard their record profits. Let's put blame where blame belongs.