Published on July 13, 2019.
Based on an analysis by Kikuo Iwata, this article compares the economic indicators of the Democratic Party of Japan administration with the five years of Abenomics, examining results in real GDP, employment, and real gross national income.
It further discusses the impact of anti-nuclear and anti-reactor-restart reporting by the Asahi Shimbun, NHK, and others on the outflow of national wealth, dependence on fossil fuels, photochemical smog, air pollution, and abnormal weather.

July 13, 2019.
They could never say, even if their mouths were torn open, that the torrential rains were the result of photochemical smog caused by their own anti-nuclear and anti-restart reporting, combined with China’s air pollution.
The following is a continuation of the previous chapter.
The Achievements of Five Years of Abenomics.
—If only the consumption tax rate had not been raised, the five years of Abenomics would have been perfect.
What exactly changed?
Iwata:
There were far too many changes, so I put them into a table.
It compares the economic indicators of the Democratic Party of Japan administration, from 2011 to 2012, with those of the five years of Abenomics, from 2013 to 2017, on page 23.
Although the Democratic Party administration began in September 2009, the factors that brought about the high growth of 4.2 percent in 2010 were external factors, namely the rapid recovery of the world economy after the Lehman shock and the sharp increase in Japan’s exports, as well as the increase in consumption brought about by the eco-car subsidies and eco-point policies of the Aso Liberal Democratic Party administration, which the Democratic Party administration continued after September 2009.
For these reasons, the high growth in 2010 was not brought about by the Democratic Party administration’s own economic policies after it came to power in September 2009, so I define the period affected by economic policies under the Democratic Party administration as from the beginning of 2011 to the end of 2012.
First, let us look at the annual average increase in real GDP, gross domestic product.
During the Democratic Party administration, it was 3.39 trillion yen, while during the Abenomics period, it was 7.982 trillion yen.
—That is more than double.
Iwata:
Next, looking at the average real GDP growth rate, it was 0.7 percent during the Democratic Party administration and 1.3 percent during the Abenomics period, again a difference of nearly double.
—When people say “Abenomics failed,” what country on earth are they talking about?
Iwata:
Moreover, compared with the Democratic Party administration, the Abe administration started from growth of almost zero percent, so over the five years it continued to produce results that exceeded the previous year every year.
Incidentally, when calculating the average growth rate, it is wrong to add up each year’s growth rate and divide by the number of years, and even some experts misunderstand this point.
On the other hand, to summarize the economy under the Democratic Party administration, under conditions in which deflation raised real wages, the real wages of regular employees rose in a way that sacrificed the real wages of non-regular employees.
In 2012, under the Democratic Party administration, real employee compensation increased by 1.3 percentage points, but 0.8 percentage points of that came from falling prices.
In other words, real wages were rising because prices were falling.
From the worker’s point of view, one tends to think that a rise in wages is a good thing, but deflation squeezes corporate profits.
When corporate performance declines, the excessively high real wages of regular employees become a burden, and in the end this leads to a high unemployment rate through restructuring and a decline in the effective job-offers-to-applicants ratio.
By contrast, looking at 2017 during the Abenomics period, real employee compensation again increased by 4.2 percentage points, but the difference was that while inflation lowered real wages, the real wages of general workers other than regular employees rose substantially.
Along with the large rise in the real wages of non-regular employees, the unemployment rate fell and the effective job-offers-to-applicants ratio rose.
—The Democratic Party, which was supposed to be liberal, was an administration “cold toward non-regular workers.”
Iwata:
Another important figure is the average growth rate of real gross national income.
During the Democratic Party administration, it was only 0.06 percent, but during the Abenomics period it rose dramatically to 1.7 percent.
This was largely due to the weaker yen brought about by monetary easing.
Real gross national income includes real GDP and net receipts from overseas, and in addition, the relative rise in export prices compared with import prices is added as terms-of-trade gains.
It can be said that the yen’s depreciation worked positively for gross national income.
In this way, the results of monetary policy have already appeared, and there is no doubt that it will continue to form the basis of policy going forward.
What remains is how to advance fiscal policy and regulatory reform.
However, this regulatory reform has made no progress at all.
For example, in the case of the establishment of Kake Gakuen’s veterinary faculty, which the mass media criticized, the problem lies more with the Ministry of Education, Culture, Sports, Science and Technology than with the Prime Minister’s Office.
When approving the establishment of a new veterinary faculty, it was the Ministry of Education, Culture, Sports, Science and Technology that should be denounced by the people, because it shut out new entrants by means of a “notification,” which is not a law, and hardened its own ministerial interests through bedrock regulations.
This article continues.
Now, the reality of the Ministry of Education, Culture, Sports, Science and Technology, which had been controlled by the likes of a certain Maekawa whom the Asahi Shimbun, NHK, and others used to attack the Abe administration, is being exposed in broad daylight.
It is a reality fitting for the juniors of Maekawa, who practiced obedience in appearance and betrayal in private.
What kind of faces are the people in the reporting departments of the Asahi Shimbun and NHK wearing as they report?
The same applies to the fact that, as a result of the anti-nuclear and anti-restart slogans they have shouted since 2011, they stopped 54 nuclear reactors and forced more than 30 million kW of power generation, more than the total power generation capacity within Kansai Electric Power’s service area, to be switched to fossil-fuel power generation that emits greenhouse gases.
As a result, they not only caused as much as 15 trillion yen of national wealth to flow out in just three years, but also, for the first time in 40 years, frequently covered the skies over Japan with photochemical smog, bringing about warming and abnormal weather.
The other day, when central Tokyo, especially Nerima Ward and other areas, reached an abnormally high temperature close to 40 degrees Celsius, I searched for a PM2.5 distribution map.
As expected, the skies above Nerima Ward were covered with photochemical smog.
Media such as NHK explained that this abnormal high temperature occurred because the Pacific high-pressure system and the continental high-pressure system overlapped.
However, I am convinced that the truth is the greenhouse effect resulting from the overlap of photochemical smog and the Pacific high-pressure system.
When Japan was struck by abnormal high temperatures, the skies above it were covered with photochemical smog, and this is obvious at a glance if one looks at the PM2.5 distribution map.
Even conceding a hundred steps, where does the continental high-pressure system come from?
Needless to say, from China.
The skies above China are polluted at a level at which human beings can no longer live, and anyone who sees the figures on a PM2.5 distribution map would be stunned.
The abnormal high temperatures were probably caused by the greenhouse effect produced as that terrible air pollution covered the skies above Japan together with the continental high-pressure system.
Because of a strange deference toward China, this is not reported at all.
They could never say, even if their mouths were torn open, that the torrential rains were the result of photochemical smog caused by their own anti-nuclear and anti-restart reporting, combined with China’s air pollution.
This article continues.