hey believe that welfare promotes laziness

Lower stage of socialism. Read state and revolution buddy.

As I said, a lot of similarities with how the Japanese handled their growth stagnation - sacrificing youth employment to preserve the existing employees and the corporations that have made bad investments. Hence the high youth unemployment in China right now. None of this is a coincidence once you understand how the economy works.

The Chinese liberal obsession with Japan, an economically, politically, and culturally irrelevant vassal state of the US, never ceases to agitate me. You want keynesian stimulus, the very same thing which created America's financialized economy with no real productive capacity. Providing young people with do nothing jobs in the city doesn't fix anything material, it just makes line go up.