Prominent U.S. economist Lester Thurow is urging Japan to focus more on economic stimulus measures even though politicians appear more focused on raising the consumption tax.
In an interview in Tokyo Friday, the 72-year-old Thurow, a professor emeritus at the Massachusetts Institute of Technology Sloan School of Management, said Japan should "stimulate, stimulate, stimulate" and "print all the money you can print" to engineer the economy to a recovery.
"If you raise taxes and cut spending, your recession would get worse," he added.