- Seeks new Japanese growth strategy by mid-2013
- Aims to compile stimulus package by January 11
The first comment – seeking a new growth strategy by mid-year: that sounds to me like he is softening his stance on getting the economy moving. I believe his primary motivation at present is to get a majority in the upper-house election (expected July 2013); if he is continues to loudly trumpet what he is going to do to improve the economy then he better start delivering by July. If, however, he starts to promise less, to extend the timeframe needed, he should lower expectations and be judged less harshly in the July election.