Abe’s Fiscal Plan Follows a Long Road of Packages That Failed

  • Multiple spending packages didn’t have a lasting impact
  • True stimulus set to be much smaller than headline suggests

Abe to Announce Stimulus Package Details on Tuesday

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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