Neoconservatism in Japan 40s and 50s, they are younger than the majority of powerful politicians who are in their 60s and 70s. The neoconservatives are a group of "younger" politicians, in their 40s and 50s. Notable neoconservatives often include: Junichiro Koizumi, a former prime minister preceding Shinzo Abe, is a conservative in the foreign policy arena, and receives support from the neoconservative legislators, but is not himself considered a neoconservative. Neoconservatism in Japan Neoconservatism in Japan, also known as the neo-defense school, is a term used by Asian media only recently to refer to a hawkish new generation of Japanese conservatives. They are
National debt of Japan Noda of the Democratic Party of Japan (DPJ) - passed a bill in June 2012 to double the national consumption tax to 10%. This increased the tax to 8% in April 2014. The originally scheduled 10% tax increase to be implemented in October 2015 has been delayed until at least October 2019. The goal of this increase was to halt the growth of the public debt by 2015, although reducing the debt would require further measures. The DPJ subsequently lost control of the Diet in late 2012, and Noda's successor Shinzo Abe, of the Liberal Democratic Party, implemented the "Abenomics"