What is the reason for the second Abe Administration's high support ratings seven months out?
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Support for the Abe Cabinet in the NHK poll has dropped these last three months, from a high of 66% in April to 57% last week. However, the cabinet's numbers are down only 7 percentage points from December, when Abe took office.
How aberrant is this stability? One has to go back to the tenure of Obuchi Keizo (30 July 1998 - 5 April 2000) to find a prime minister who was fewer than 7 points down seven months into his tenure.
The figures for the Obuchi Cabinet were truly wild. It started out in deep fried territory at only 38% support, fell to the cabinet collapse level of 20%, then rose up to nearly its starting numbers. The Obuchi Cabinet finished out the year more popular than when it was announced.
Getting back to support numbers for Abe II (look the red lines - Abe I and Abe II started out at exactly the same level) they are simply not comprehensible...unless, of course, there is dumb-as-a-sack-of-hammers direct correlation in between equities markets and Cabinet popularity.
But how could that be, if the country has only a weak private equities ownership culture?
Later - The theory that 30% of the voting age population was whisked off the streets in December and replaced with an army of Abe-loving replicants grown and indoctrinated in a vast biocomplex located underneath Liberal Democratic Party headquarters, while improbable, at least has the virtue of being consistent with the polling data.
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