this post was submitted on 22 Jun 2024
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Today I Learned (TIL)

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[–] orcrist@lemm.ee 1 points 2 months ago

If you have an idea about the Japanese economy that predates 2010, you probably want to look into the situation again. There were many changes under Abenomics that significantly worsened the situation for the average worker, and therefore for the average family.

And in the last year or two, the cost of living has gone up significantly, but for the most part wages have not risen to match it.