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Abenomics (Feedback)

Thanks for all the comments. I notice that a lot of people say they do not understand economics, but you don’t have to understand something completely in order to take an interest in it. I studied economics at university, but I certainly wouldn’t claim to be an expert. Actually, even the experts can’t really claim to understand economics. I heard my university professor on the BBC the other day arguing with a Nobel prize-winning economist about what the British government should do to revive the economy. Both of them are experts, but they had completely opposite opinions.

As I say, please don’t be put off taking an interest in something just because it is difficult to understand. The consequences of what Mr. Abe is doing could be enormous for Japanese families. If it works, then all will be well, but if it doesn’t, it could be disastrous. This is too important a topic for people to just shrug their shoulders and say, “I don’t really understand it, so I don’t have an opinion.” I hope that everyone in Japan will at least take an interest and form an opinion on what Mr. Abe is doing.

Here is some feedback on your comments.

今週のエントリーの訳です。
Thank you for doing that.

I agree with David because weakening the yen makes expensive the fuel or electricity bill.
…weakening the yen will make fuel and electricity more expensive. (Is this your first comment? If so, nice to have you with us.)

What does Abenomics think about to leave the negative legacy to future generations?
What does Abenomics have to say about leaving a negative legacy for future generations?

I have a terrible headache since yesterday.
I’ve had a terrible headache since yesterday.

I don’t support Mr. Abe’s idea, because for the same reason as Mika.
You don’t need “because” in this sentence.

So, I think we Japanese have no choice to implement policies with high or low risk, even if its policy is dangerous gamble for us.
So, I think we have no choice but to implement new policies regardless of the risk.

I’m very skeptical about his easy-money policy or 2% inflation target, either.
…, too.

It causes a seller’s market and stimulate the competition principle of firms and in consequence, their employees’ salaries will raise.
It will lead to a seller’s market and stimulate competition between firms. As a consequence, their employees’ salaries will rise.

I know well that both are very inportant reforms, though.
I am well aware that ….

I felt the same as you, but the economist sounded pretty confident of the theory!
Economists usually do, even when they are talking rubbish!

I remember there was a British teacher who asked me, “Why did you study in Germany, in such a strange country??”
I must admit that I didn’t have a very positive image of Germany before I went there, but I just fell in love with it straight away. I did a motorcyle tour of about 10 European countries, and Germany was easily my favourite.

I think they have more money than we’re supposed to have when we are 70!
I think they have more money than we will have when we are 70!

But if things come to the worst,
But if the worst comes to the worst,…

I just don’t want them to waste our money on building unnecessary roads and bridges.
Unfortunately, that will be one of the main effects of Abenomics. Oh, and don’t forget concreting the banks of beautiful rivers.

I hesitate to say things to them
I hesitate to say anything because…

By the way, I found another “desk theory”
I guess that is just the translation of a Japanese term, but I’m afraid it doesn’t mean anything in English.

One of Mr.Abe’s plans that I don’t agree on is cutting down on welfare
… that I don’t agree with

I was kind of rush last night and this morning.
I was kind of in a rush…

the more I read the articles, the more I get worried.
the more articles I read, the more worried I got.

There are some people who really need welfare hesitate to take that and bear with a tough situation.
There are some people who are reluctant to take welfare even though they really need it.

That’s it for today. I’ll try and think of a nice easy topic for next week.

Hope you all have a great weekend.

12 Comments

  1. Biwa on Friday February 1st, 2013 at 03:48 PM

    Hi David,

    Thank you always for your feedback.

    “I’ve had a terrible headache since yesterday.”
    -This reminds me of the sentence “This is the first time he has done a homestay.” I must be careful!

    For the “desk theory”, I found lots of other translations, too. “Armchair plan/theory” “deskbound discussion” “castle in the air” “nothing but talk” “nothing more than words on paper”. I wonder what kind of expressions you would use in such cases.



  2. David Barker on Friday February 1st, 2013 at 04:00 PM

    Hi Biwa,

    I’ve heard the term “armchair theory.”



  3. Biwa on Friday February 1st, 2013 at 04:22 PM

    Thanks, David. As you say “I’ve heard”, it doesn’t sound like you use the term so often/normally as we use “机上の空論”. Am I right? Maybe you say to your friends like “What that economist/politician says sounds nonsense/empty!”



  4. Fumie on Saturday February 2nd, 2013 at 04:57 AM

    Hi David,

    Thank you for your feedback! I really appreciate your doing it for us because there is no one to correct my English. Economics is a tough one for me but I always accept/welcome unfavorite topics too. Because if you don’t give me chances to think about them, I’d never think or learn them by myself. Thanks to David, YU and Biwa, I learned economics a little this time.
    >Oh, and don’t forget concreting the banks of beautiful rivers.
    -That’s terrible!
    Have a lovely weekend, everyone!



  5. Gussan on Saturday February 2nd, 2013 at 09:09 AM

    Hi everyone,

    How strange the weather today is. It’s slightly raining. The temperature when I ran this morning was 12 degrees Centigrade, considering today is February 2nd.

    Yesterday’s weather forecast expected today’s lowest temperature was around ten degrees. I think current science technology is very accurate.

    By the way, when I was running on the sidewalk, a high-school boy came near to me on a bicycle from a narrow road crossing to the sidewalk. He ignored the stop sign and was about to hit me. He slipped down on the road.
    What I could do was only shouting, “Watch out! It’s dangerous.”
    I did not get any damage and I just continued running. I did not mind him. I wonder if I should stop and ask something to him.

    Anyway, have a nice weekend.

    See ya,



  6. YU on Saturday February 2nd, 2013 at 08:40 PM

    Hi David,

    Thank you always for your feedback.

    > their employees’ salaries will raise.
    > their employees’ salaries will rise.

    I always confuse “rise” and “raise”.

    > I’m very skeptical about his easy-money policy or 2% inflation target, either.
    > …, too.

    I’ve made a mistake again!
    I guess using “either” is wrong because my sentence is an affirmative sentence, but if it were a negative sentence, “either” would be okay. Am I right?

    Hi Gussan,

    > I did not get any damage

    You’re just lucky that you didn’t get hurt!

    > I did not mind him. I wonder if I should stop and ask something to him.

    I hope he didn’t hurt himself, either.
    By the way, I agree with you that cyclists don’t follow traffic rules.
    Actually, I was yelled at by an older driver the other day when I was riding a bicycle, but I still don’t understand why he got angry with me. I guess I must have broken a rule, but I don’t know what it was.
    At the time I was very surprised at his loud voice and the horn, and my son and I almost fell down on the road, but the driver drove away at full speed. I think he must have broken a rule as well – he broke the speed limit!! hahaha…
    Joking apart, I should learn traffic rules from scratch because I don’t have a driver’s licence.

    See you!



  7. amo on Sunday February 3rd, 2013 at 09:19 AM

    Hi David,

    Thanks for your feedback. This is a big help for understanding politics and economics in English.

    Hi everyone,

    How’s your weekend? I was going to shopping yesterday but the weather ruined my plan. It was raining in the morning so I just stayed home.
    I am on the way to work now. Hope not that busy today!

    Have a nice day,
    amo



  8. David Barker on Monday February 4th, 2013 at 11:17 AM

    Hi YU,

    >I guess using “either” is wrong because my sentence is an affirmative sentence, but if it were a negative sentence, “either” would be okay. Am I right?

    That’s right.

    Hi everyone,

    I won’t have time to do a new entry today, but I have a nice idea for an easy topic, so I’ll do it tomorrow morning. I hope it is not as grey and wet where you are as it is in Gifu!



  9. YU on Monday February 4th, 2013 at 12:44 PM

    Hi David,

    Thank you for answering my question.

    It’s not grey or wet here in Kanagawa, but it’s rather sunny and warm today!

    I’m looking forward to your new entry.

    See you!



  10. OOE on Monday February 4th, 2013 at 05:59 PM

    Hello David and everyone.
    I’m new one in here.
    Actually I don’t care about economics and politics.
    It is too difficult for me to understand those matters.
    And there are many people who want to talk about such things.
    They are blaming each other on any website.
    I’m so tired about that.

    I have been working to learn English since last summer.
    I still can’t write English correctly.
    Sorry for my English.

    日本語で改めて挨拶させていただきます。
    皆さんはじめまして、OOEといいます。
    他の皆さんの様に、上手に英語が使えるよう頑張りますのでよろしくお願いします。



  11. YU on Tuesday February 5th, 2013 at 08:56 AM

    Hi OOE,

    Nice to have you with us!

    I’m looking forward to your next comment! :P)



  12. David Barker on Tuesday February 5th, 2013 at 04:14 PM

    Hi OOE,

    NIce to have you with us.



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