20111119 2012 ELECTIONS: Ma¡¦s support slumping: ¡¥The Economist¡¦
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2012 ELECTIONS: Ma¡¦s support slumping: ¡¥The Economist¡¦

By Jake Chung / Staff Reporter

Support for President Ma Ying-jeou (°¨­^¤E) has slumped, with his lead over Democratic Progressive Party (DPP) Chairperson Tsai Ing-wen (½²­^¤å) disappearing, the latest edition of the The Economist reported.

The Economist wrote in an article dated yesterday that recent results from a prediction market run by National Chengchi University showed that ¡§the probability of his winning the election dived from over 59% on October 16th to under 42% on November 14th; Ms Tsai stands at 49%.¡¨

Addressing People First Party (PFP) Chairman James Soong¡¦s (§º·¡·ì) decision to contest the January presidential election, the article said: ¡§In a tight race he could easily shave off votes from Mr Ma, leading to a DPP victory,¡¨ in a scenario similar to the 2000 elections when Soong¡¦s candidacy effectively split the pan-blue voters between himself and then-KMT presidential candidate Lien Chan (³s¾Ô).

The article said that the decline in Ma¡¦s popularity was in part because of his recent talk of a possible cross-strait peace accord, which was the first time that Ma had provided an explicit time frame for cross-strait political negotiations.

Describing Ma¡¦s move as having ¡§whipped up alarm in the media and among a China-wary public,¡¨ the article said that Ma¡¦s strong suit for the campaign ¡X the ¡§stellar economic growth of over 10% last year¡¨ ¡X is still being seen as beneficial only for ¡§big business at the expense of ordinary folk,¡¨ which places Ma at a disadvantage to Tsai¡¦s ¡§popular focus [¡K] on social welfare.¡¨

The article said Tsai¡¦s policy of higher subsidies for farmers was winning her support and that financial worries across the globe would also strengthen her chances, but it concluded by saying that Ma might still have some cards up his sleeve in what it said was sure to a be a tight race.

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