People Power Party also opposes the ‘250,000 won targeted support’… “Cash distribution is populist and inappropriate.”

Jung Jeom-sik, Chairman of the Policy Committee [Yonhap News Data Photo],
, “The People Power Party has expressed opposition to the Democratic Party’s proposal for ‘selective support’ rather than ‘providing 250,000 won in aid to all nationals for the restoration of livelihoods,”
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, ‘ The Chairman of the People Power Party’s Policy Committee, Jung Jeom-sik, criticized the approach to the issue, stating at an emergency committee meeting at the National Assembly this morning, “Even if the Democratic Party claims they can selectively support 70 to 80% of the people, this is not much different from giving it to all citizens” and added that “the fundamental approach to the matter is fundamentally flawed.” ‘,
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, ‘ Earlier, the Democratic Party’s Jin Seong-jun, Chairman of the Policy Committee, appeared on MBC Radio’s ‘Kim Jong-bae’s Focus’ two days ago and stated, “I think we can discuss the possibility of selective support, saying that we should focus on supporting those in need rather than universal support.” ‘,
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, ‘ Chairman Jung stated, “In times of high inflation and heavy household debt burden due to high interest rates, the idea of borrowing money through a supplementary budget and providing cash support will not be a solution at all” and argued, “Instead, it will only stimulate inflation and increase tax burdens, further burdening the already struggling economy of ordinary people.” ‘,
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, ‘ He emphasized, “The People Power Party strongly rejects the populist approach of handing out 250,000 won in cash, which only harms the economy of ordinary people” and added, “Considering the urgent issues of ultra-low birth rates and super-aging society, what is urgently needed is not a short-sighted cash giveaway but preparation for the future.” ‘,
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, ‘ Chairman Jung said, “Efforts should be made to reform the fiscal structure to fit the era of 10 million elderly people and strengthen support for vulnerable groups to reduce blind spots in welfare” and concluded, “The People Power Party will continue to devote itself to preparing for the future to overcome the crisis facing South Korea.” ‘,
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