CLEAN: New Japanese PM faces tough challenges to rebuild economy

The video discusses the relationship between economic expansion and increased tax revenue, suggesting that growth can help manage high public debt. It highlights Mr. Kang's potential need to adjust his economic campaign promises to reduce government expenditure. The video also explores strategies for raising consumption tax, emphasizing the importance of cutting government spending. Finally, it compares fiscal year spending, noting the challenges posed by public debt.

What is the expected outcome of economic expansion according to the speaker?

• Decreased public debt

• Increased government expenditure

• Higher tax revenue

• Lower tax revenue

What might Mr. Kang need to do regarding his economic election campaign promises?

• Strengthen them

• Ignore them

• Water them down

• Expand them

How does the speaker suggest addressing the high public debt?

• By raising public debt further

• By increasing government expenditure

• By cutting government expenditure

• By ignoring the debt

What is the first step lawmakers should take to raise consumption tax?

• Raise income tax

• Increase public debt

• Expand economic pledges

• Cut government expenditure

How does Mr. Kang's spending plan compare to the current fiscal year?

• He will not spend at all

• He will spend the same

• He will spend less

• He will spend more