If the United States wants to solve trade problems with Japan, it should devote 5 percent of American GNP to education, maverick Japanese politician Shintaro Ishihara said Friday.
Noting that the United States advises Japan to spend about 10 percent of its gross national product on public works, Ishihara told reporters at a news conference that the United States was making absolutely no capital investment in education."I am of the view that the vital question for the U.S. is education," he said. "At least 5 percent of American GNP should be spent on education."
It is estimated the United States now spends between 3.5 percent and 6.8 percent of its GNP on education.