People Party: "Lee In-young, a Populist Party's Promotional Speech"

"No Vision Presented for National Grand Reform"

[Image source=Yonhap News]

[Asia Economy Reporter Lim Chun-han] The People’s Party (provisional name) criticized the floor leader’s representative speech by Lee In-young, the floor leader of the ruling Democratic Party, on the 18th, saying, “It was not a floor leader’s representative speech of the ruling party but a promotional speech by a populist party facing the general election.”

Kim Cheol-geun, the public relations director of the People’s Party Preparatory Committee, said in a commentary on the same day, “In Lee’s speech, there was neither the responsibility befitting the ruling party nor the presentation of a vision for national grand reform or sharing of pain.”

He pointed out, “Usually, a floor leader’s representative speech by the ruling party before an election boasts economic achievements. However, the Democratic Party, in its previous speech, shifted the blame for economic failure onto the US-China trade dispute, and this time only blamed the novel coronavirus.”

He continued, “The Democratic Party neither apologized nor reflected on the failure of income-led growth, the failure of real estate policies, nor the failure of the entrance examination system symbolized by the Cho Kuk incident. Rather, despite the crisis situation where last year’s tax revenue decreased by 100 billion won compared to the previous year due to economic downturn and corporate tax fell short of the target by 7 trillion won, they only elaborated on plans for election-related tax handouts.”

Kim, the public relations director, sharpened his criticism, saying, “The ruling party’s duty is to present a vision for national grand reform such as industrial structure reorganization and to honestly communicate the accompanying pain to the people to seek their understanding. However, the Democratic Party only wastes taxes as if they were pocket money, disguises it as expansionary fiscal policy, and blinds the public’s eyes and ears with economic measures, without uttering a single sincere word even if their support falls.”

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