Within weeks of taking office as Japan's prime minister last December, Shinzo Abe made an unusual plea to companies: raise salaries. Executives were not doing so because prices -- and thus revenues -- were not going up. But one of the main reasons prices were not rising was that incomes were not going up. If Japan was ever to get out of its deflationary spiral, someone needed to do something extraordinary.
via CNN.com - Top Stories http://edition.cnn.com/2013/03/22/business/japan-profits/index.html?eref=edition
via CNN.com - Top Stories http://edition.cnn.com/2013/03/22/business/japan-profits/index.html?eref=edition
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