Won Hee-ryong: "Lee Jae-myung's Universal Support Fund Has Reduced Policy Effectiveness"

[Asia Economy Reporter Lee Ji-eun] Won Hee-ryong, Governor of Jeju Province and a leading opposition presidential candidate, criticized Gyeonggi Province Governor Lee Jae-myung's claim for universal support payments, supporting Prime Minister Chung Sye-kyun's opinion by saying "the policy's effectiveness decreases."

On the 10th, Governor Won said on Facebook, "Governor Lee's claim for universal support payments not only harms fairness but also reduces the policy's effectiveness."

He added, "Recently, Prime Minister Chung presented a critical view of Governor Lee's opinion, urging to move beyond the simplistic debate of 'spend more' or 'spend less' and instead gather wisdom on how to 'manage government finances well.' This is a correct perspective coming from someone who truly feels the weight of responsibility."

Governor Won emphasized, "The impact of COVID-19 varies completely by class and industry," and stated, "Support funds meant for severely affected groups should not be spent as extra income for the affluent groups." He continued, "It is also wrong to incite the reckless sentiment of 'Why am I not getting it?'" and said, "Claiming formal equality to gain everyone's votes is irresponsible."

Governor Won also criticized Governor Lee for not pointing out the Moon Jae-in administration's tax increase policies. He said, "When one side raises taxes and the other side spends government funds, the effect of stimulating the economy significantly decreases. Because the basis of this claim is so weak, I suspect Governor Lee's argument that fiscal expansion is important for economic stimulus is merely pandering to the public."

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