We have wasted an insane amount of money. Health care is being starved to keep the postal system, the roads and bridges around. In a country with a shrinking, aging population, this system is going to lower living standards. |
When I see that waterfront project as a taxpayer, I'm worried. But as an economist, I'm even more worried because I see capital being wasted in an economy where it will be very scarce reasonably soon. And that has something to do with how fast you can expect the (Japanese) economy to grow. |
With such a stunning result, passage of the postal reform bills is virtually assured. The next areas are medical reform, civil service reform, public sector outsourcing and government financial institution reform. |