Sim Jae-cheol: "President Moon's New Year's Address, Unrealistic Delusion and One-eyed View"

Sim Jae-cheol, floor leader of the Liberty Korea Party, is attending the floor strategy meeting held at the National Assembly on the 7th and delivering a speech. Photo by Yoon Dong-joo doso7@

[Asia Economy Reporter Wondara] Sim Jae-cheol, floor leader of the Liberty Korea Party, criticized President Moon Jae-in's New Year's address as "all pie in the sky talk." Sim argued that instead of focusing on North Korea, the government should strengthen the U.S. nuclear umbrella strategy in relation to North Korea, and criticized President Moon for distorting economic indicators.

On the afternoon of the 7th, Sim held a press conference at the National Assembly criticizing President Moon's New Year's address, saying, "President Moon mentioned ideas such as the '2032 Olympics co-hosted by North and South Korea,' but only listed 'hope cosplay' and showed an unrealistic and delusional perception of North Korea that improvement in inter-Korean relations would come if our government tries."

He said, "Resuming tours to Mount Kumgang and inter-Korean railroads are all pie in the sky talk," adding, "It is pathetic that they are only talking about peace relying solely on North Korea's goodwill." He also emphasized, "Our urgent task is to enhance North Korea nuclear deterrence capability through the Korea-U.S. alliance, including 'nuclear sharing,'" and "To counter the North Korean nuclear threat, the U.S. nuclear umbrella strategy must be further strengthened."

Regarding economic matters, he criticized, "The biggest problem with President Moon is the distortion of statistics not based on facts and a wrong perception that only sees what he wants to see."

Sim pointed out, "82 trillion won was poured into job budgets from 2017 to 2019. They say public jobs increased (with tax money)," and added, "If fiscal input stops, those jobs will disappear immediately." He also claimed, "They said they would pre-execute a budget of 90 trillion won, increased by 7 trillion won for self-employed and small business owners, but this is just a promise to distribute money for votes ahead of the general election."

He further stated, "Although 'Moon Jae-in Care' reduced medical expenses, medical shopping and concentration in large hospitals have increased, and health insurance premiums continue to rise," adding, "Claiming that the burden of medical expenses has decreased without mentioning these realities is one-eyed propaganda."

Sim warned, "If we persist with the current anti-market economic policies, even the sustainable growth foundation of our economy will be eroded," and urged, "I hope President Moon wakes up from the illusion that the economy is improving." He emphasized, "Income-led growth is the representative disaster of Moon Jae-in's economic policy," and "The policy must be changed even now."

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