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Reply #1: Dangerous Game the Businesses are Playing [View All]

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rpannier Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-13 05:07 AM
Response to Original message
1. Dangerous Game the Businesses are Playing
One of the greatest contributors to stagnant wages in Japan was the temporary worker law extension in 1998. Prior to that companies had a year to decide whether or not to keep someone or cut them. If they kept them, they became full-time workers with full benefits and difficult to get rid of them without due process. After 1998 it was two years and they could opt for a third year as a temporary worker.

Abe and his party could opt to return to pre-1998 policies which would leave businesses in a weaker position than what Abe is offering. Before people assume he won't, Abe is an ass and if you cross him, he has a vengence streak a mile wide and a thousand miles long. This could, in the end, be a good thing for Japanese workers
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