After reading Elaine Kurtenbach's coverage of how Japan's latest dive into yet another recession is affecting young people there, I can only say, "The Keynesian koolaid is strong in this one."
The AP reporter's headline says that the recession was "unexpected," and her first sentence calls it "a surprise." Anyone watching economic events in the country, and I think that's supposed to include her, should have known it was imminent. Kurtenbach, and apparently every other Keynesian koolaid drinker is shocked — shocked, I tell you! — that the recession occurred despite "unprecedented stimulus," and believes that young Japanese really, really want yet another tax increase (bolds and numbered tags are mine):