{"id":2326,"date":"2013-10-03T00:08:56","date_gmt":"2013-10-02T15:08:56","guid":{"rendered":"http:\/\/www.irken.jp\/gn\/?p=2326"},"modified":"2013-10-02T11:09:17","modified_gmt":"2013-10-02T02:09:17","slug":"wall-street-journal-october-2-2","status":"publish","type":"post","link":"https:\/\/www.irken.jp\/gn\/?p=2326","title":{"rendered":"Wall Street Journal (October 2)"},"content":{"rendered":"<p>The rise in Japan\u2019s consumption tax is an unwelcome return to the old \u201ctax and spend\u201d playbook. Of the estimated $88 billion in revenue, over $50 billion is marked for spending as stimulus. \u201cMore rapid and durable economic growth is the only escape from Japan&#8217;s self-constructed fiscal trap. Mr. Abe still has a chance to rescue his economic program with a new reform plan, the long-awaited \u2018third arrow.\u2019 But with his tax increase he is creating another headwind to overcome.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The rise in Japan\u2019s consumption tax is an unwelcome return to the old \u201ctax and spend\u201d playbook. Of the estimated $88 billion in revenue, over $50 billion is marked for spending as stimulus. \u201cMore rapid and durable economic growth is the only escape from Japan&#8217;s self-constructed fiscal trap. Mr. Abe still has a chance to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1804,1382,251,2741,2742,4,51,624,45,2740,2479,2301],"class_list":["post-2326","post","type-post","status-publish","format-standard","hentry","category-global-news","tag-abe","tag-consumption-tax","tag-economic-growth","tag-fiscal-trap","tag-headwind","tag-japan","tag-reform","tag-revenue","tag-stimulus","tag-tax-and-spend","tag-tax-increase","tag-third-arrow"],"_links":{"self":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/2326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2326"}],"version-history":[{"count":1,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/2326\/revisions"}],"predecessor-version":[{"id":2329,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/2326\/revisions\/2329"}],"wp:attachment":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}