Japan's young fret over uncertain future as herculean stimulus effort fails to halt recession

November 24, 2014 2:00 PM

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Japan's young fret over uncertain future as herculean stimulus effort fails to halt recession

In this Friday, Nov. 21, 2014 photo, Mai Yamaguchi, a 29-year-old trading company employee heading into the gaudy Shibuya shopping area for an outing with her 4-month-old son and two other young moms and babies, poses for a portrait at a scramble crossing in Shibuya in Tokyo. Japanese Prime Minister Shinzo Abe’s choice last week to postpone a sales tax hike to help fend off recession comes less as a relief than as cause for greater concern over how the country will cope with its ballooning national debt. Yamaguchi was unimpressed by Abe’s decision. “I’m grateful to Mr. Abe for his policies to improve childcare, but putting off the tax increase, well, they say the pension system is on the verge of bankruptcy. I think it would have been better to go ahead and raise the tax as planned,” said Yamaguchi. (AP Photo/Eugene Hoshiko) (The Associated Press)

In this Friday, Nov. 21, 2014 photo, Ryosuke Sunaga, a college senior, poses for a portrait at a scramble crossing at Shibuya shopping district in Tokyo. Japanese Prime Minister Shinzo Abe’s choice last week to postpone a sales tax hike to help fend off recession comes less as a relief than as cause...

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