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Popularity fading but LDP still backs Abe
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Japanese premier Shinzo Abe was yesterday re-elected head of the ruling Liberal Democratic Party, despite falling popularity over bids to expand the military鈥檚 role and a stuttering economy.
The 60-year-old conservative, who swept to power in late 2012, ran unopposed in the leadership election, which is held as a matter of course every three years.
Following the vote, the prime minister vowed to press on with his plan to fix the economy and said his Abenomics growth blitz was only 鈥渉alfway鈥 done.
But the remarks came just hours after revised GDP figures showed the economy shrank 0.3 percent last quarter, underscoring how his efforts to conquer years of deflation and laggardly growth have stumbled.
鈥淓mployment and incomes are both getting stronger. The remaining (task) is to keep this virtuous economic cycle going so people feel that a recovery in under way and that the exit from deflation will drive future economic growth,鈥 Abe said earlier.
If he holds on to power until September 2018, Abe will become Japan鈥檚 longest-serving prime minister since Eisaku Sato, who served between 1967 and 1974.
Abe served as premier for just one year from 2006 before he stepped down owing to ill health and a series of scandals in his party, setting off a string of short-lasting leaders until his re-election in late 2012. But Abe is again facing declining popularity as public opposition swells over security bills that could put Japanese troops into combat for the first time since the end of the war.
He faces upper house elections next year, and he may decide to call a snap general election before his fresh three-year term expires.
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