Need to shift to responsible, proactive fiscal policyWill ensure trust in our finances through transparent communication with marketsWhen we say responsible fiscal policy, we mean we will seek to achieve both economic growth and fiscal disciplineWe will seek to increase tax revenue by expanding GDP, will not resort to reckless fiscal spendingJapan must exit excessively tight fiscal policy, boost domestic investment and put economy on a growth pathWill submit bill for lowering 8% sales tax on food once debate among lawmakers reach an agreementThe hearing today ended with no done deal for Takaichi in wanting to reduce the consumption tax on food from 8% to 1%. So, that is an issue that will follow her into the autumn as the 158-day parliamentary session comes to a close over the weekend.As much as Takaichi is trying to win support with her policy setting and narrative, it hasn't quite worked out. And it's not just the overwhelming market reaction with higher Japanese bond yields and a weaker yen as part of it. Even the broader public opinion hasn't been kind to her considering the circumstances.A recent poll by Yomiuri Shimbun showed that 71% of respondents giving the nod of disapproval towardsthe government’s response to rising living costs. Meanwhile, three other major opinion polls from last week put the Cabinet approval rating between 53.7% and 58%, down by between 2.1% to 12%, respectively, from June.The growing narrative that is building is that the government's policy setting and priorities are starting to be disconnected from what the majority of the public and households have to go through on a daily basis.As such, it is going to be troublesome for Takaichi to keep this up especially with markets continuing to punish her administration for their decision making. And that has been the case from the moment she took office in October last year. Tough. This article was written by Justin Low at investinglive.com.