New Days in Japan as Democratic Party clinched the victory
The final result shows Democratic Party of Japan wins 308 seats while the ruling Liberal Democratic Party got just 119. Overall opposition got 340 seats in the parliament. Ruling coalition could secure only 140 seats. This result is shocking for LDP though opinion polls were suggested similar result in election from the last several weeks. Prime Minister Taro Aso gave his last moments of effort to win the public support but that seems not affected the election result.
Opposition leader Yukio Hatoyama is likely to be the next Prime Minister of Japan. Hotoyama told reporters "The voters hold a deep anger toward the ruling coalition. We have to link this result to a victory for the public in taking over control of government". Hatoyama is a critic of U.S. policies. As a opposition leader, he routinely criticized the pro-U.S. Liberal Democrats for joining in refueling operations in the Indian Ocean in support of American troops in Afghanistan — a mission he says he will halt — and the role of the 50,000 American troops deployed throughout Japan under a post World War II mutual security pact.
Just a couple of days ago report showed Japan´s unemployment rate reaches highest level since the Second World War. Unemployment rate is now nearly 6% which frustrated many Japanese. Although some experts are saying Japan is recovering itself from the recession but its reflection is yet to visualize in market. Japanese are very unhappy with that.
DPJ has proposed an expensive array of initiatives: cash handouts to families and farmers, toll-free highways, a higher minimum wage and tax cuts. The estimated bill comes to 16.8 trillion yen ($179 billion) when fully implemented starting in the 2013 fiscal year.
Democratic Party is relatively new in Japan´s politics. It is just 11 years old and only a handful have served in top government positions. But still Japanese are keeping their trust on Democratic Party. They were looking for something new. Now it is their time to see how much better the things can be.
Democratic Party has lots of challenge ahead. They appear before the nation with a new hope. Fulfill its election promise is a daunting task for them. Their proposal of tax reduction policy, more financial incentives for the families attracts many voters. But DPJ did not mentioned where this money will come from.
However, voters are not very weary how the government will manage funds for this. They mostly want the recession to over soon as possible. They have enough of recession, job losses. Every day new and new companies layoff their workers. Japanese voters want to get rid of this. New government´s challenge is to recover the nation from this downturn within quickest possible time.