Yoo Seung-min: "The presidential election will be dominated by economic issues... I will offer hope on livelihood concerns"

[Image source=Yonhap News]

[Asia Economy reporters Lee Ji-eun and Lim Chun-han] Former lawmaker Yoo Seung-min stated, "The economy will be the biggest issue in this presidential election," adding, "I want to give hope that we can solve the issue of making a living much better." This is effectively a declaration of his presidential candidacy.

On the 16th, Yoo made these remarks at a discussion titled "In the End, It's the Economy? Let's Restore the Ladder on Housing Issues," held at his office 'Hope 22' located in Yeouido.

He said, "Did you watch the U.S. presidential election? Trump was also ousted after dividing the people by ideology, class, and race," and added, "I believe that in March 2022, the people of the Republic of Korea will issue a dismissal order to the Moon Jae-in administration and create new hope and expectations for us, and I intend to move forward together with you."

Yoo expressed confidence that "the economy will be the biggest issue in this presidential election," and said, "The first debate will start with real estate, and going forward, we will hold debates on economic issues such as youth unemployment to show the public that we can do better."

He added, "The trigger to solve low growth, low birthrate, and polarization lies in the economy," and emphasized, "We must demonstrate that we can better create a fair and just world for all citizens."

Kim Jong-in, the Emergency Committee Chairman of the People Power Party, also attended the discussion. He said, "Economic issues are the most important in people's lives and are seriously discussed every election season," adding, "Facing the turning point of COVID-19 and the Fourth Industrial Revolution, how we wisely lead this will be the most crucial factor determining the future of the Republic of Korea."

Joo Ho-young, the floor leader, said, "During the four years of the Democratic Party administration, Seoul apartment prices rose by 52%," and added, "(Economy) If former lawmaker Yoo, the top expert, solves this problem decisively, he will receive applause from many citizens and greatly help next year's Seoul mayoral election." He also said, "People who have failed before have a high chance of being elected president recently," and added, "It seems that there is only one person (former lawmaker Yoo) in our party, so I hope he succeeds and passes."

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