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Japan voters set to put faith in untested opposition
Published in Saudi Press Agency on 29 - 08 - 2009

Frustrated Japanese voters look
set to oust the long-ruling conservative party in an election on
Sunday, handing the novice opposition the job of reviving a weak
economy and coping with a rapidly ageing population, Reuters reported.
A victory by the Democratic Party of Japan (DPJ) would end
more than 50 years of almost unbroken rule by Prime Minister
Taro Aso's Liberal Democratic Party (LDP) and break a deadlock
in parliament, where the opposition and its allies won control
of the less powerful upper chamber in 2007 and can delay bills.
The DPJ has pledged to refocus spending on households with
child allowances and aid for farmers while wresting control of
policy from bureaucrats, often blamed for Japan's failure to
address problems such as a creaking pension system.
They also want to forge a diplomatic stance more independent
of close security ally the United States while building better
ties with Asia, often frayed by bitter wartime memories.
Democratic Party of Japan leader Yukio Hatoyama, the wealthy
62-year-old grandson of a former prime minister, told voters on
Saturday the election would change Japanese history.
"This is an election to choose whether voters can muster the
courage to do away with the old politics," Hatoyama said.
Media surveys suggest the DPJ could win by a landslide in
what would be akin to a political earthquake in Japan, although
some analysts say the predictions might be excessive.
Weather could even be a factor if a tropical storm
threatening to turn into a typhoon and headed for Japan dumps
heavy rain and keeps voters from polling booths.
High turnout is generally thought to benefit the opposition.
Financial markets would generally welcome an end to the
two-year parliamentary deadlock.
But analysts worry spending plans by the Democrats, a mix of
former LDP members, ex-Socialists and younger conservatives
founded in 1998, will inflate Japan's already massive public
debt and push up government bond yields.
-- SPA


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