Japan’s national budget is tremendously huge

It is said that the government finalized the blueprint of the next fiscal year’s national budget. According to the information, the budget will be at total 96.9 trillion JPY (approximately 809 billion USD). Of coerce this is less than the US national budget. However, the budget will be the record high in the history of Japan.

The reason the number is increased is mainly because the expense of social security and the of public construction works are both raised up by 0.9 trillion JPY. The social security is understandable as the number of retired senior people are increasing year and year. However, the expense for public construction works is too much than needed.

We need to reduce such expenses more and more to revive Japan’s healthy financial situation. PM Shinzo Abe are rushing into the completely opposite direction. The Mass media are very silent on the issues somehow. The construction related industries are welcome at the direction. But I wonder the direction will lead to a bottomless swamp like mouse intoxicated with the sound of “A pied piper of Hamelin”.