Recently released opinion poll results show that President Lee Jae-myung's approval rating has been declining for six consecutive weeks, and in particular, a Gallup Korea survey showed that it hit the lowest since he took office at 51%. What is noteworthy is the fact that negative evaluations have surpassed the symbolic threshold of 40% for the first time, which proves that cracks are occurring even within the regime's core supporters. Organizations such as Realmeter presented an approval rating of 46.5% and pointed out that the gap between positive and negative evaluations had narrowed to within the margin of error. These numerical changes go beyond a simple movement of supporters and mean that the process of reorganizing the traditional political landscape, where moderates are leaving and conservatives are uniting, is accelerating.

The key driving force behind the decline in approval ratings is the 'triple hardship' economic crisis in the livelihood of the people, represented by high inflation, high exchange rates, and high interest rates. The public is not feeling any real improvement in their quality of life amid prolonged high inflation and an unstable real estate market, and this dissatisfaction is directly leading to negative evaluations of the performance of government affairs. In addition, the Election Commission's mismanagement of ballot papers hit the political landscape hard, increasing distrust in fairness, and the political conflict between the ruling and opposition parties, such as the abolition of the prosecution's supplementary investigative rights, added to the situation, leading to a significant loss of momentum for running state affairs. Ultimately, citizens are reacting more sensitively to economic instability that threatens their wallets than to political battles.

In this situation, the government's supplementary budget to foster the AI ​​industry is facing strong backlash from the opposition party, the People Power Party. The People Power Party strongly criticizes the government's latest move as a 'cash-spreading trick' to make up for the decline in approval ratings, and is demanding fundamental measures through regulatory innovation and revitalization of private investment rather than one-time financial injection. In particular, the opposition party's logic is that taking out the supplementary budget card again despite executing a large-scale high oil price damage subsidy just two months ago is an irresponsible action that harms fiscal soundness. This is creating a frame of using national finances as a political tool to defend approval ratings, resulting in the sincerity of the government's policies being questioned.

The dynamics within the political world are also fluctuating. The Democratic Party of Korea is aiming to rally support through issues such as investment in Honam semiconductors, but internal leadership competition appears to be intensifying, with former Prime Minister Kim Min-seok ranking high in a survey on preferences for the next party leader. On the other hand, the People Power Party is facing the challenges of intra-party conflict surrounding the actions of Representative Jang Dong-hyuk and the departure of moderates. This political chaos, coupled with the president's approval rating, has a direct impact on political party approval ratings, and voters are looking for a political party with the ability to actually solve the people's livelihood rather than one party's unilateral dominance. Ultimately, the political movement ahead of the August National Convention will be an important watershed that will determine the future direction of state affairs.