Sim Sang-jung to Lee Jae-myung: "555 Pledge, Typical Trickle-Down Economics, Isn't It MB Avatar Economy?"

Lee Jae-myung of the Democratic Party of Korea, Ahn Cheol-soo of the People Party, Sim Sang-jung of the Justice Party, and Yoon Seok-youl of the People Power Party, the presidential candidates from both ruling and opposition parties, are posing ahead of the first debate hosted by the National Election Commission held on the 21st at MBC in Mapo-gu, Seoul. Photo by the National Assembly Press Photographers.

[Asia Economy Reporter Koo Chae-eun] On the 21st, Sim Sang-jung, the Justice Party presidential candidate, criticized Lee Jae-myung's 555 pledge (Top 5 in the world, $50,000 national income, 5,000 stock index) at the '20th Presidential Election Candidate Debate' hosted by the National Election Commission, saying, "I think this is more unrealistic than the MB administration's 747 pledge (7% economic growth rate, $40,000 national income, top 7 advanced country in the world)."

Candidate Sim said, "Isn't this a typical trickle-down economic theory that created inequality in South Korea?" and added, "It is time to solve extreme inequality and reduce the suicide rate." He also said, "Candidate Lee claims to be a competent economic president, but the future cannot be opened with the MB avatar economy that only shouts growth."

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