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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 06:07 AM
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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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