Abe’s Fiscal Plan Follows a Long Road of Packages That FailedBy and
Multiple spending packages didn’t have a lasting impact
True stimulus set to be much smaller than headline suggests
Prime Minister Shinzo Abe’s "bold" plan to revive the economy with a $273 billion package leaves him traveling down a well-trod path: it marks the 26th dose of fiscal stimulus since the country’s epic markets crash in 1990, in a warning for its effectiveness.
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