Japan to propose economic cooperation plan that would create 700K US jobs & $450 billion market - Polidicks

[quote]Prime Minister Shinzo Abe intends to propose during a meeting with U.S. President Donald Trump on Feb. 10 a bilateral economic cooperation plan, including the creation of a $450 billion (¥51 trillion) market through railways and other infrastructure investments in the United States to generate 700,000 jobs, The Yomiuri Shimbun has learned. Trump has recently been stepping up criticism against the Japanese car market and the depreciation of the yen. Given the circumstances, Abe plans to emphasize during the upcoming talks that the bilateral cooperation will be of great advantage to the U.S. economy. A draft for the Japan-U.S. economic cooperation plan sets forth bilateral cooperation in five fields as the “Japan-U.S. growth and employment initiative.” The five fields are: development of the world’s most advanced infrastructure in the United States; drawing on demand for infrastructure around the world; research and development of robots and artificial intelligence; collaboration in new areas such as cyber and space; and cooperation in employment and defense. The envisioned infrastructure development in the United States includes high-speed railway projects in the northeastern part of the country, and in Texas and California, to which Japan would provide technical cooperation and extend low-interest loans. Japan would also help replace as many as 3,000 train cars currently in use on railways and subways with new models over the next 10 years. Japan would further cooperate in highly efficient gas-fired power generation and the latest compact nuclear power generation systems. In the research and development field, the draft calls for cooperation between Japan, which has the edge in robot technology, and the United States, which leads the world in AI technology. Japan and the United States will jointly develop robots to be used for inspecting aging infrastructure, decommissioning nuclear power plants, and carrying out medical diagnosis and surgery. In addition to autonomous cars, the draft also sets a goal of developing autonomous planes and ships.[/quote] [url]http://the-japan-news.com/news/article/0003498622[/url] SHINKANSEN!!

[QUOTE]The five fields are: development of the world’s most advanced infrastructure in the United States; drawing on demand for infrastructure around the world; research and development of robots and artificial intelligence; collaboration in new areas such as cyber and space; and cooperation in employment and defense.[/QUOTE] Japan is one of the few counties where their right-wing party isn't an anti-intellectual shitshow.

Figures we'd need another country to bail us out of this mess.

[QUOTE=Daniel Smith;51769796]Japan is one of the few counties where their political parties aren't an anti-intellectual shitshow.[/QUOTE] * don't pretend like there isn't an equal amount of stupid on both sides

[QUOTE=SirJon;51769848]* don't pretend like there isn't an equal amount of stupid on both sides[/QUOTE] You can't quantify stupidity. From where I'm standing the conservative portion of America is looking preeeeetty dumb right now. It's about perspective and opinion.

Trump you wanted to create american jobs put up or shut up

One of the only potential gems in the Trump presidency is his promise to invest huge money into US infrastructure. Whether or not he'll actually follow through is anybody's guess, but a cooperative venture with Japan would be hugely beneficial. Massive expansion and upgrading of rail networks would be pretty amazing.

[QUOTE=Big Dumb American;51769952]One of the only potential gems in the Trump presidency is his promise to invest huge money into US infrastructure.[/QUOTE] Walls are infrastructure, right?

[QUOTE=Big Dumb American;51769952]One of the only potential gems in the Trump presidency is his promise to invest huge money into US infrastructure. Whether or not he'll actually follow through is anybody's guess, but a cooperative venture with Japan would be hugely beneficial. Massive expansion and upgrading of rail networks would be pretty amazing.[/QUOTE] Wasn't his actual infrastructure plan mostly a public-private partnership with a 20% public/80% private split? IIRC it was basically "lower taxes, businesses make HUGE profit, businesses invest money into infrastructure".

[QUOTE=Anderan;51770019]Wasn't his actual infrastructure plan mostly a public-private partnership with a 20% public/80% private split? IIRC it was basically "lower taxes, businesses make HUGE profit, businesses invest money into infrastructure".[/QUOTE] Couldn't tell you. I have heard no specifics beyond "Trump wants to invest in our infrastructure." Your explanation certainly [I]sounds[/I] like a Trump plan though lol

Unfortunately I can't find any concrete numbers anymore under the flood of articles musing on Trumps infrastructure plan though they all seem to indicate it's largely focused on getting funding from the private sector, even Fox says "the private sector is lining up to pay for it" and tax credits being involved. Trump's own site just seems to list vague promises unless I'm missing something.

[QUOTE=Anderan;51770019]Wasn't his actual infrastructure plan mostly a public-private partnership with a 20% public/80% private split? IIRC it was basically "lower taxes, businesses make HUGE profit, businesses invest money into infrastructure".[/QUOTE] 700k temp jobs on a bill we can't afford. Wasted federal funds for businesses.

[QUOTE=Code3Response;51770657]700k temp jobs on a bill we can't afford. Wasted federal funds for businesses.[/QUOTE] Most of these funds will be in support of the public interest though not just business? Sure it helps business, but the benefits arent merely exclusive to them. Id like to see where this goes, technically the TPP was supposed to be a pretty decent deal numbers-wise but had a lot of scummy provisions laid out in the background.

It would be so nice if the US had modern infrastructure. I would love taking the train if it wasn't so slow and expensive, and actually existed in more areas.