Uncharismatic, not inclusive
Morsy's personal style has contributed to his current predicament, Ashour said.
He lacks charisma and oratorical skills, and at the same time he hasn't been able to back his orders with a stick in the same way that Mubarak and his predecessor, Anwar Sadat, did, he said.
Although the country's deficit has fallen and tourism revenue has slightly improved over the past year, the effects are not being felt by the man and woman on the street, Ashour said, so Morsy has not benefited.
Before his election, there were concerns in some quarters that Morsy and the Muslim Brotherhood would seek to introduce a fundamentalist Islamic theocracy.
But Ashour rejects the idea that the discontent is ideologically motivated, saying it is in fact a "pragmatic" power struggle between those who won the democratic election and those who lost, as well as those who feel they lost out in Egypt's 2011 revolution.
Shadi Hamid, director of research for the Brookings Doha Center, said "a long list of mistakes" had added to Morsy's unpopularity.
"He didn't do enough to build consensus among Egypt's very fractious forces and he had a style of government that wasn't inclusive," he told CNN.
But Hamid also highlighted the structural problems Morsy faced. "Anyone who was going to be president right now was going to deal with a deteriorating economy and a rotten, corrupt bureaucracy, many of whom are hostile to President Morsy and the Muslim Brotherhood," he said.
One example of that is the security sector, where a big chunk of the Interior Ministry didn't support him and then protested against him, he said.
"Part of it is Morsy's fault. But we can't lose sight of the bigger perspective, that Egypt is a very unwieldy country to govern and no one would have been able to make real improvements in the course of just one year."
After assuming office in June last year, Morsy took a number of steps that proved unpopular with certain sectors of Egyptian society.
In August, the president moved against the military leadership, sending into retirement Field Marshal Mohammed Hussein Tantawi, who, as chairman of the Supreme Council of the Armed Forces, had acted the country's de facto ruler in the wake of Mubarak's ouster and prior to Morsy's election.
A few months later, in November, he issued an edict declaring his decisions immune from judicial review until the holding of the constitutional referendum. He also sacked the head of the judiciary, many of whose members had remained loyal to Mubarak.
The opposition saw the moves as a grab for dictatorial powers and poured into the streets, converting Tahrir Square in central Cairo back into the center of public discontent it had been during the uprising that brought down Mubarak
In response, Morsy dropped his decree, but the situation remained tense. His supporters were accused of beating and detaining opposition protesters during deadly clashes near the presidential palace in Cairo in early December.
After a referendum in which more than 60% approved the new constitution, Morsy signed it into law in late December.
Critics argued it was passed too quickly, with liberals, Christians and other minority opposition groups saying they felt excluded from the Constituent Assembly that drafted it. Supporters hailed what they said was its protection of personal rights.
The international rights group Human Rights Watch said the constitution "protects some rights but undermines others," and that it "fails to end military trials of civilians or to protect freedom of expression and religion."
At the beginning of last month, the upper house and legislative power of parliament, the Shura Council, was invalidated by the country's highest court. Once a lower house is elected -- to replace the democratically elected parliament dissolved by the court last year -- the Islamist-dominated Shura Council will be dissolved.
New parliamentary elections are due later this year but Morsy has not yet set a date.
Morsy served as a central behind-the-scenes player for much of the decade before his election to the presidency, analysts say.
His official biography on the website of the Muslim Brotherhood-affiliated Freedom and Justice Party website describes him as "one of the most prominent political leadership figures of the Brotherhood, the organization that led the struggle against the ousted repressive regime in its last decade."