Japan’s Government Looted the Future—and Its Children Are Paying the Price
Estimated Reading Time: 3 minutes
Japan’s fiscal mismanagement and massive national debt violate the principles of democratic fiscal responsibility. Editor’s Note: The years from 1991 to 2001 are known as “The Lost Decade” in Japan. After years of rapid growth in the 1980s, the Japanese economy fell into a prolonged slump marked by persistent, high unemployment, low growth rates, […]