"Neither the Government nor the Ruling Party Deserve to Take Credit"

Jang Donghyuk, leader of the People Power Party, spoke on May 14 regarding the National Dividend Scheme and said, “(Even in the face of the Samsung Electronics strike,) Lee Jaemyung is only interested in collecting money,” adding, “Kim Yongbeom’s national dividend policy truly reflects Lee Jaemyung’s intentions.”


Jang attended the party’s Supreme Council Meeting held at the National Assembly that morning, where he intensified his criticism of the government and the Democratic Party of Korea over the national dividend scheme proposed by Kim Yongbeom, policy chief at the Blue House.


Jang Donghyuk, leader of the People Power Party, is speaking at the Supreme Council Meeting held at the National Assembly on the 14th.

Jang Donghyuk, leader of the People Power Party, is speaking at the Supreme Council Meeting held at the National Assembly on the 14th.

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Previously, the Blue House clarified that Kim’s proposal was his personal opinion and not the official position of the government. President Lee Jaemyung explained that the intention behind Kim’s proposal was “to consider distributing the nation’s excess tax revenue generated by super-profits in the artificial intelligence (AI) sector back to the people as a dividend.”


Jang stated, “Whether it’s super-profits or excess tax revenue, this is not money earned thanks to Lee Jaemyung’s achievements,” and criticized, “From the start, neither Lee Jaemyung nor the Democratic Party deserved any credit for this.” He further emphasized, “If our party had not passed the K-Chips Act during the semiconductor downturn, it would have been impossible to benefit from the current super cycle.”


Jang also noted, “The national debt has exceeded 1,300 trillion won,” and added, “It’s no exaggeration to call this a super cycle of debt.” He continued, “We must not deceive the public by labeling fiscal austerity as populism,” and urged, “Instead of chasing after a national dividend, the government should prioritize preventing the Samsung Electronics strike.”


At the same meeting, Jang addressed allegations raised against the Democratic Party’s mayoral candidates, including Jeong Wonoh, candidate for Seoul, and Jeon Jaesoo, candidate for Busan, issuing a warning. He stated, “The public should remove the unqualified candidates of the Democratic Party.”



Meanwhile, on this day, the People Power Party transitioned its Supreme Council to an election campaign committee system. Chief Spokesperson Choi Boyoon told reporters, “From now on, meetings of the campaign committee will be held on Mondays, Wednesdays, and Fridays,” adding, “Supreme Council members will decide whether to attend and speak after considering their schedules for regional campaign rallies and other campaign committee activities.”


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

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