The ruling LDP lead by Aso has faced a crushing defeat in the local Tokyo elections where people voted squarely against LDP and also its coalition partners.
This has lead to the LDP lead government planning to call for a countrywide general elections on or before 30th August 2009. The continuing economic turmoil has pushed down Japan into a deeper recession than what people expected. There has been massive increase in unemployment across Automobile and electronic industries which are key to Japan’s industrial performance.
Even in the coming elections, Aso’s LDP may not perform well and might as well prepare to sit in the opposition desk.