日本的选择：高市应为“积极财政”担责

Core Viewpoint - The article discusses the implications of Japan's fiscal policy following the historic victory of the Liberal Democratic Party (LDP) in the recent elections, emphasizing the need for responsible active fiscal policies amidst rising government debt and economic challenges [1][4]. Group 1: Fiscal Policy and Debt - Japan's government debt is projected to reach 229% of GDP by 2025, the highest among G7 countries, raising concerns about fiscal sustainability [4]. - Prime Minister Kishi has criticized previous fiscal operations for being overly focused on austerity, despite the need for a balanced approach to fiscal health [3][4]. - The current economic environment, characterized by rising inflation and slow increases in interest payments, may provide a temporary "fiscal dividend" that could improve debt ratios in the coming years [6]. Group 2: Tax Policy and Economic Impact - There are calls for tax reductions as a response to inflation, but a significant majority (88%) of economists believe such measures could negatively impact the Japanese economy [7]. - The proposed tax cuts, including the potential exclusion of food from consumption tax, are seen as controversial and may exacerbate inflationary pressures [8]. - The government must communicate that Japanese government bonds are primarily held domestically, which is crucial for maintaining market stability and avoiding crises [9].