True, the slump is partly an illusion: the earlier boom was fueled by Japanese households’ effort to beat the tax by front-loading purchases of consumer durables – a nuance that seems to have been lost in the public debate. But the big picture remains: Abenomics so far has failed to turn around a deflationary mindset.
诚然，从某种程度上说，这一下降时一种幻觉：早前的繁荣是受日本家庭试图通过提前消费耐久品以规避增税的行为推动的——这一细节似乎被公共争论所遗忘。但大图景仍然不变：到目前为止，安倍并没有扭转通缩思维。