How can we upgrade our economy given the strength of the global economy, especially the giant economies like the US and Japan?
Answers
Answer:
Dont compare yourselves to the us or japan. They didnt get where they are overnight. And you may never be where they are.
Look for ways to grow your middle class. Try to find ways to increase employment And boost jobs. Your middle class is your working class. Theyre also your spending class.
Invest in discounts and tax breaks for your middle class. These little perks boost morale and the middle class spends more when they stress less.
Listen to your poor people dont let them struggle in silence. Find ways to try to help them get out of poverty. When they rise up, they too become middle class
try energy efficient and environmental practices. this will stop from having to pay billions to clean up pollutants in the long run
Make good trade contracts. it helps to have allies that you can trust.