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Higher deposit rates would also boost household income.
In brief, the United States must reduce its budget deficit and boost household savings.
The downward pressure on oil prices is keeping inflation low and should boost household budgets.
"First and foremost, we will engage in policies that will boost household incomes," Mr. Hatoyama said.
This will boost household incomes and lift the standards of living in the area.
Higher share prices boost household wealth, which encourages consumers to spend more.
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Most City of London analysts believe the fall in prices will boost households' after-inflation disposable incomes and help boost GDP growth.
Similarly, fiscal transfers to households through social safety nets can boost households' incomes and improve their ability to service debt, as in the Scandinavian countries.
The opposition centre-left Socialist party, led by the popular former mayor of Lisbon, Antonio Costa, has pledged to ease back on austerity and boost households' disposable income.
The optimists expect growth to rebound to 2.5%, believing that a strong global recovery will offset some of Europe's loss of competitiveness, and that consumer spending will pick up as lower inflation and income-tax cuts in Germany and France boost households' purchasing power.
Stronger exchange rates would also shift growth away from exports and boost households' real spending power by reducing the cost of imports in local currency terms.In contrast, some in China are foolishly calling for a devaluation of the yuan to support the economy.
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