Weighing Abenomics

Weighing Abenomics

Prime Minister Shinzo Abe emphasizes that his economic policies have created more than 1 million jobs and enabled the highest pay increases in 15 years. Share prices have surged more than 70 percent since he returned to the government’s helm in December 2012. Still, people have suffered net declines in their wages for 16 months in a row as prices rose faster than the pay hikes.

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