One bad Idea

Tuesday, June 14, 2016 Francisco Carneiro 0 Comments

Bloomberg reports,
The Japanese government plans to include gift certificates for low-income young people in its fiscal 2016 supplementary budget, Sankei reports, without saying who provided the information.

Recipients would be able to use them for daily necessities.

The government sees gift certificates as more effective in stimulating consumption than cash handouts, which may be deposited.

To give a voucher to retirees  (above 60)  i see the point because they are already out of the labor force. To give money to working age people will make them unfit to work in no time. Bad Idea.

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