This article is a reprint of a Wall Street Journal article (for those without access to the Journal). Its interesting how it describes the forecasts;

  • “upbeat”,
  • “optimistic”,
  • “The 2.5% growth figure for fiscal 2013 is slightly higher than numbers given by private economists”

Hmmm, yes… I would add “unlikely to be realistic” …

Japan Forecasts Upbeat Growth for Next Budget