Report

Abe Poll Ratings Resume Plunge, Part 2

posted by Richard Katz on October 28, 2014

Found in Japan, categorized in Politics

Tags: Abe tax hike consumption tax Japan TOE LDP

Report Cover

Headline

The most contentious issue—among voters, LDPers, and even hisown advisers—is whether or not go ahead with the second hike in the consumption tax. We suspect he will go ahead but couple it with another big supplementary budget.

Abstract

As we detailed in yesterday’s Alert, Prime Minister Shinzo Abe’s approval ratings have resume the steady slide that was temporarily interrupted by the Cabinet reshuffle in September. We suspect that his support remains “a mile wide and an inch deep.” If there were a solid alternative, either inside the LDP or from the opposition parties, we suspect his approval ratings would be even lower.

About Richard Katz

Richard Katz is Senior Fellow at the Carnegie Council for Ethics In International Affairs, the New York correspondent for Weekly Toyo Keizai, a leading Japanese business magazine, and formerly the editor of The Oriental Economist Report, a monthly newsletter on Japan.

Mr. Katz has taught about Japan’s economy as an Adjunct Associate Professor at the New York University Stern School of Business, and as a Visiting Lecturer in Economics at the State University of New York (SUNY) at Stony Brook.

Mr. Katz is the author of two books on Japan's economic travails and has just finished a third book on reviving entrepreeurship in Japan.

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