Story perspectives

Lee Jae-myung Approval Drops to 33.8% in Poll

By Drooid · Sep 14, 2026, 4:31 PM UTC · How we work

Summary

Story summary

President Lee Jae-myung’s approval rating fell to 33.8% in a Realmeter poll.
Negative evaluations rose to 63.3%, surpassing positive ratings by 29.5 percentage points.
Support slipped for the ninth straight week, reaching the lowest level since Lee took office.
President Lee pledged to curb property speculation by raising taxes on multiple-home owners and tightening borrowing limits.

History

Historical Context

The 1997 Asian financial crisis hit South Korea hard, forcing a $58.4 billion IMF rescue and a sweeping restructuring that included tax reforms in 1998. The crisis also doubled the national debt-to-GDP ratio to about 30%. Today, President Lee Jae-myung, with a 33.8 % approval rating, proposes a new levy on multiple-home owners, echoing those post-crisis reforms.

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Story summary

President Lee Jae-myung’s approval rating fell to 33.8% in a Realmeter poll.
Negative evaluations rose to 63.3%, surpassing positive ratings by 29.5 percentage points.
Support slipped for the ninth straight week, reaching the lowest level since Lee took office.
President Lee pledged to curb property speculation by raising taxes on multiple-home owners and tightening borrowing limits.

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