• SHARE

In a Sept. 30 speech outlining his policy platform, Fumio Kishida, the newly elected president of the Liberal Democratic Party and prime minister-in-waiting, outlined a strategy he dubbed “the Reiwa Era’s Income Doubling Plan.”

“Income doubling” is a not-so-subtle reference to the plan advanced by then-ascendant Prime Minister Hayato Ikeda in 1960. He would retire four years later, but under his successor, Eisaku Sato, the Japanese economy continued to surpass 10% annual growth, and its gross national product doubled in less than seven years.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)