Turning Japanese

There's that song from the 1980's, "Turning Japanese" (I recalled it as "Going", but Wikipedia saved me from embarrassment).  I, among many others, have been pointing to the "Japan Problem" since the beginning of The Great Recession as an object lesson in how not to handle the problem.  Japan has, basically, done nothing to restore equity in its median income, and so continues to slide.  Today brings another story, relating the history as well as the likely course of events in the near future. 

It is not a comforting story.  The pundits, as they have here for decades, recommend eliminating manufacturing.  What such dunderheads ignore is that consumers buy STUFF.  It's corporations that buy SERVICES; consumer service buying remains along the lines of shave and a haircut.  Put another way, who are the buyers of the services that MBA's are trained in?  Answer that question, and you'll see.