Maybe governments can’t simply create prosperity out of thin air.
Perhaps debt itself is the problem. Debt is deflationary. Too much debt and the rest of what Japan does for the next 20 years...from 1989 through to today...accomplishes nothing.
Who knows, maybe we’ve seen this show time and again, 1893, 1929, 1989, and today...and still haven’t figured out how to handle it.
I’ve sent many letters and emails to my representatives and what I’ve found is on the email side or contact info on their web pages, all their support staff looks at is the subject line and the send out the canned response and never read or replay to actual content. From the letters I’ve received back from an actual letter sent it’s pretty much the same thing unless you’re requesting help and then you’ll get an answer specific to that.
My guess, someone will scan this and see recession, unemployment and you’ll get the canned response.
Be interesting to see what they actually answer with unless of course they are voted out before they respond.