Democratic Peace Party: "Lee In-young's Speech Far from Enough to Alleviate Reform Supporters' Concerns"

“Ruling Party Must Abandon Arrogance and Pursue Political, Economic, and Social Reforms”

[Image source=Yonhap News]

[Asia Economy Reporter Lim Chun-han] On the 18th, the Party for Democracy and Peace evaluated the floor speech by Lee In-young, the floor leader of the Democratic Party of Korea, stating, “Lee’s speech was far from sufficient to dispel the concerns of reform supporters and reform opposition parties.”

Park Joo-hyun, the chief spokesperson of the Party for Democracy and Peace, said in a commentary that “It is fortunate that Lee mentioned thorough COVID-19 response, active measures for small business owners and livelihood difficulties, relief for victims of humidifier disinfectants, and continued promotion of regional balanced development. Also, it is very reasonable that he pointed out the dangers of the Liberty Korea Party, which was impeached, and its rebranded successor, the United Future Party, along with its satellite party, the Future Korea Party,” he said.

He criticized, “As the floor leader of the ruling party directly responsible for people’s livelihood, it is incomprehensible that he neither recognized nor proposed solutions to the housing price issue, which soared to 100% in just two years, especially the unearned income and asset polarization where prices rose much more in wealthy neighborhoods.”

He continued, “It is true that the seeds of the housing price surge were sown during the Lee Myung-bak and Park Geun-hye administrations, but the Moon Jae-in administration not only failed to stop the surge but also neglected it. Although several real estate policies were announced, they were superficial and even included policies that encouraged speculation,” he added.

Park, the chief spokesperson, also criticized, “Regarding reform, they only partially reformed the electoral system under the lead of reform opposition parties, but did not touch economic and social reforms. As a result, polarization and unfairness have not decreased but rather become more blatant. Ultimately, as public dissatisfaction with the three years of the administration reached a boiling point, they even showed arrogance by only defending their own legitimacy.”

Park concluded, “I hope they abandon the arrogance of monopolizing the reform camp and sincerely engage in political, economic, and social reforms, as this is the only way to prevent the resurgence of the impeached forces of the United Future Party.”

This content was produced with the assistance of AI translation services.