In the world of politics now, the division seems to be widening. The division of the United States was deepened by President Donald Trump, but the division of Japan may have been created by Prime Minister Yoshi Khan. Go to the division. Obviously no policy is so wrong and no policy is so wrongly criticized by almost all experts. As a result, Go To confused the whole of Japan. Go To is “the worst policy ever.” why Let me explain.
■ Why is this “the worst policy in history”? Above all, it has a negative economic effect. The representative discussions of experts are summarized in two. One of them is that “It is going to have an economic effect, but now we have to give priority to the suppression of the crown …”. The other is “No, if the economy is going badly, I have no ex or child. So I use Go To so well …”. The position is either of these two, most experts are former, and only Prime Minister Khan and his entourage are second. However, both are wrong, and Go To is a policy with a negative economic effect.
I’m sure there are people who think, “What?” So let’s explain. There are three reasons. First, it temporarily stimulates demand. But that is because it is only a preference of demand. Why did everyone rush to eat and drink on their travels? This is because there are large-scale tax subsidies for behavior, and if the subsidy is spent, almost no one will go. Furthermore, when Go To is complete, it becomes ridiculous to go on a journey after that. Everyone thought, “Oh, I should have gone further in the Go To time” and the number of passengers, both those who used Go To and those who did not, will drop sharply after Go To. In other words, the number of tourists will decrease more than the preference, and the overall effect will be a big negative. This is the second reason.
Economically, the first effect is called the income effect, and the second effect is called the substitution effect (depending on the price). In other words, after the completion of Go To, travel consumption will be halved, and it will be a double hit. So, after the Cannes administration not only temporarily “suspended” Go To for Osaka and Hokkaido, but also spent the current budget when debating whether to expand the suspended area. Decide to continue Go To first. This may be because everyone realizes that making Go To was quite negative the moment they stopped Go To.