2024-03-24 09:08:21
“In order to resolve the people’s economic emergency, we propose paying ‘people’s livelihood recovery support’ of 250,000 won per person and an average of 1 million won per household to all citizens. “We will push for an additional payment of 100,000 won per person to vulnerable groups such as basic livelihood recipients and the next-lowest class.”
Lee Jae-myeong, leader of the Democratic Party of Korea, said this in front of Saemaeul Traditional Market in Jamsil-dong, Songpa-gu, Seoul on the 24th, saying, “Today, I would like to announce one major policy.” When Representative Lee said, “Special emergency relief measures must be taken quickly to revive the people’s economy, which is on the brink,” cheers erupted at the scene.
Representative Lee emphasized that the Moon Jae-in administration paid national disaster relief funds during the 2020 Corona outbreak, saying, “When everyone thought they were going to die, we paid less than 1 million won per household in local currency, and the neighborhood was booming for about six months.” “It was really booming when we paid less than 1 million won. “It was nice to buy beef and eat it,” he said. He then claimed, “For this, 13 trillion won is needed, but compared to the approximately 900 to 1,000 trillion won spent on the tax cuts for the rich distributed by the Yoon Seok-yeol administration and the deceptive promises made at the People’s Livelihood Debate, this is literally a drop in the bucket.” Representative Lee has made a presidential election promise to provide universal basic income to all citizens starting at 250,000 won per year in 2022.
● Jae-myung Lee “We need to issue government bonds or adjust the budget”
The budget estimated by the Democratic Party of 13 trillion won is the sum of 250,000 won each for 51.32 million people nationwide and an additional 100,000 won each for 3 million people receiving basic livelihood security and the next lowest class.
Regarding the reason for setting the payment amount per person at 250,000 won, Representative Lee said, “The more the amount, the better for the people, but it also requires financial resources, and if (the payment amount) is too high, it may affect consumer prices,” and “Based on past experience, “At that time, I thought 1 million won per household, based on four people, was appropriate,” he explained. He said, “The economy is cyclical. “When money is flowing, it is a boom, and when money is not circulating, it is a recession,” he said, adding, “In this case, the government plays a role.” At the same time, he said, “The large corporations have surpluses of several trillion won. Do you think they will invest if their taxes are reduced by several tens of billion won? He also said, “I just store it in the bank.”
When asked how to raise funds, he answered, “The finances are people’s taxes.” He added, “Then you will be asked what to do if you don’t have money. You can issue government bonds or adjust the existing budget.”
Regardless of the results of the general election, the payment entity is the current government. Representative Lee also brought out the supplementary budget (supplementary budget) card in earnest. Representative Lee said, “I officially request that we immediately begin discussions on supplementary budget to support people’s livelihood recovery.” Kim Min-seok, the head of the election committee’s situation office, also said, “If the ruling and opposition parties put their heads together, the problem can be resolved through a supplementary budget.”
● 與 “Spreading money for elections again”
The People Power Party immediately protested, saying it was “spreading money for election purposes.” Park Jeong-ha, head of the public affairs department of the Central Election Committee, criticized, saying, “It is difficult to understand the ‘money-spreading’ DNA deep in Democratic Party leader Lee Jae-myung’s bones,” and added, “Our people will no longer be deceived by this kind of thing.”
12 days ahead of the April 15, 2020 general election, the Moon Jae-in administration announced the first disaster relief payment plan for all citizens, distributing 400,000 won to one-person households and 1 million won to households of four or more, sparking controversy over “money elections.” In the political world, overcoming the mask crisis and providing disaster relief funds were cited as reasons why the Democratic Party was able to win a landslide victory in the general election at the time. The Moon Jae-in administration paid the 4th disaster relief fund from the end of March ahead of the April 7 Seoul and Busan by-elections in 2021, leading to continued opposition from the opposition party calling it an “election ticketing act.”
Experts pointed out that it is necessary to examine whether providing lump sum payments to all citizens at a time other than a pandemic such as Corona will actually help revitalize the economy. Lee Hyun-woo, a professor of political science and diplomacy at Sogang University, said, “The coronavirus crisis was a very exceptional situation that the entire nation had never experienced before.” “It’s quite populist,” he pointed out.
Reporter Ahn Gyu-young kyu0@donga.com
Reporter Kim Ji-hyeon jhk85@donga.com
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2024-03-24 09:08:21