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Wes Goodman

For Wes Goodman's latest contributions to The Japan Times, see below:

Business / Economy Nov 25, 2014

Abe consumption tax backfiring with more debt, not less

What started as a plan to reduce the national debt is turning into a reason to issue more bonds. Prime Minister Shinzo Abe's administration implemented a higher consumption tax in April to boost revenue as government liabilities ballooned to ¥1 quadrillion ($8.5 trillion), more than ...

State taps taxis for bond-sale campaign

Business Aug 22, 2009

State taps taxis for bond-sale campaign

Japan is expanding efforts to attract buyers to the nation's growing debt load, flooding the backs of taxi cabs for the first time with pamphlets in the hopes of getting retirees to invest more money in bonds. "Government bonds are worth another look," the Finance ...