00:00She comes from the right of Japanese politics and has said in the past Margaret Thatcher was her hero.
00:07Sinei Takachi built her electoral victory in part on campaigning on a clear vision of what she wanted to achieve.
00:14And part of that was reviving the economy and boosting purchasing power.
00:19The Japanese economy has its highest inflation in 30 years, and the cost of a bag of rice has doubled this year alone.
00:27Sinei Takachi promised to cut tax to households, suspend items from consumption tax and invest in technology, artificial intelligence, energy and defence.
00:39I have heard there may be reforms such as changes to consumption tax, so I hope the government will ensure that everyone can at least live a normal basic life.
00:47Popular but costly. It's one thing for the Liberal Democratic Party to campaign on positions, another to implement them.
00:54There's too much pushback from within the LDP, and the dangers of not having that income to the government and just having deficit spending are too much, it seems, for a lot of people.
01:10Japan has a public debt of around 230% of GDP, the highest of any developed country.
01:17In the past its borrowing costs were cheap, but now with inflation, fairly low growth and a significantly weaker yen, the central bank has increased rates, making borrowing more costly than it ever was in the past.
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