[Image source=Yonhap News]

[Image source=Yonhap News]

View original image

[Asia Economy Reporter Lee Ji-eun] Kim Jong-in, the General Election Committee Chairman of the United Future Party, criticized the government's small business policies, saying they are "people who have money but do not know how to use it."


On the 2nd, Chairman Kim, along with candidates Ji Sang-wook from Jung-Seongdong-eul and Heo Yong-beom from Dongdaemun-gap, visited merchants near Dongdaemun and said, "If the president really wanted to, he has enough authority to immediately restructure the budget and create new spending possibilities, but it seems there is no sense of that."


He pointed out, "The people most affected by the coronavirus right now are small business owners, self-employed individuals, and freelancers," adding, "These people have reached the extreme edge of their livelihoods. Yet, whether due to government incompetence or otherwise, no concrete measures have been presented so far."


Chairman Kim said, "There is continuous discussion and talk about how much money will be distributed, but recently I have come to think that even if money is given, people do not know how to use it," and added, "Countries like Germany, which experienced the coronavirus crisis later than us, have already started distributing 1 trillion euros."


He explained, "(Germany) is urgently and quietly providing about 500 billion euros in advance to preserve the foundations that allow people to maintain their existing livelihoods, and then handling the follow-up process," and criticized, "But here, the fire is burning, yet instead of thinking about putting out the fire quickly, we keep discussing only how to extinguish it. Then everything will just burn down."


Chairman Kim questioned, "With such an incompetent government, after the coronavirus crisis passes, the coronavirus economy will emerge, so how will this be handled?" and said, "Citizens are very well aware of the government's incompetence, so I am confident that there will be a severe judgment in the upcoming general election on April 15."



He said, "Voters in Seoul possess knowledge and information capabilities comparable to those of any country in the world at every level," and added, "Because we have voters who cannot be easily misled no matter how much someone tries, both candidates Ji Sang-wook and Heo Yong-beom have a very good chance of winning on April 15."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing