Sunday, May 3, 2009

Japan does have Poverty.

Since the rise of unemployment and rise in the number of people in poverty in Japan, Japanese citizens have changed their views on the lower class. According to an article in the Wall Street Journal, Japan's jobless rate rose by 0.4 percentage point to 4.8% in March, marking the fastest increase since 1967. Many Japanese had little sympathy for those who were unemployed and homeless, assuming they choose the lifestyle from laziness. This was seen as an embarrassment to the country's profile as an industrial power on the global trading and markets sector. Many Japanese citizens are seeing that their own jobs are not secure anymore and that possibly, unemployment is not a choice. What does this relate to in other countries viewpoints? Even though Japan's level of unemployment is lower than that of the United States and Spain, they are far more worried it seems than many other countries as their reality check sets in. Lifestyles of Americans may see a shift from a materialistic standpoint, to a wow maybe I can not afford that lifestyle. It will be hard to undo decades of middle class materialism. But I am very optimistic for the world.

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