The People Power Party held a forum on August 20 to evaluate the policies of the Lee Jae-myung government, which has been in power for over a year, criticizing its failures in areas such as the economy and national security. They expressed concerns that the livelihoods of ordinary citizens and the middle class are hanging by a thread, with alarming signals emerging from various sectors of society.
Party leader Jang Dong-hyuk attended the forum, organized by the party's policy committee and the Yeouido Institute, and stated, "It seems that even a few nights of discussion would not be enough to cover this topic," adding, "The past year of this administration has been a parade of failures and tyranny."
Jang assessed that "in just one year, the livelihoods have collapsed, the economy has deteriorated, public safety is unstable, and security is on the brink of collapse," declaring that "the very existence of South Korea is in jeopardy." He criticized the government for propping up the stock market with public pension funds and encouraging citizens to take on debt, stating that high inflation, high exchange rates, and high interest rates have become the new normal, leaving small business owners and self-employed individuals struggling to survive.
Floor leader Jeong Jeom-sik also remarked that "this government's governance has been characterized by ignoring the voices of the people, legislative monopolization without cooperation, and divisive politics," emphasizing that criticism of the government's mistakes should not stop there. He pledged that the People Power Party would take the lead in correcting the current administration's failures.
Jeong pointed out the government's missteps, including the devastation of the capital market and the livelihoods of ordinary citizens, the real estate policies that have become a massive threat to the lives of the people, and the issues of high inflation, high exchange rates, and high interest rates. He highlighted that the legislative monopolization by the ruling party has accelerated the 'exit' of companies overseas, while youth employment rates have plummeted to 44%.
At the forum, experts from various fields gathered to critique government policies in areas such as the stock market, real estate, high inflation, self-employment, and national security, including military disarmament, unconstitutional North Korea policies, trade with the U.S., and 'show diplomacy.'
Lim I-ja, who was appointed as the policy committee chair just before the forum, stated, "We will transform into a competent policy party. Under the principle that the answers lie in the field, we will make the voices of the people the starting point of our policies," pledging to prioritize the recovery of the economy in all policy initiatives and to present effective alternatives.
She added, "We will firmly oppose the legislative monopolization of the ruling party, but if policies are necessary for the people's lives, we will collaborate with anyone," emphasizing that they will earn the trust of the public through policies rather than words, and results rather than slogans.
Party leader Jang Dong-hyuk attended the forum, organized by the party's policy committee and the Yeouido Institute, and stated, "It seems that even a few nights of discussion would not be enough to cover this topic," adding, "The past year of this administration has been a parade of failures and tyranny."
Jang assessed that "in just one year, the livelihoods have collapsed, the economy has deteriorated, public safety is unstable, and security is on the brink of collapse," declaring that "the very existence of South Korea is in jeopardy." He criticized the government for propping up the stock market with public pension funds and encouraging citizens to take on debt, stating that high inflation, high exchange rates, and high interest rates have become the new normal, leaving small business owners and self-employed individuals struggling to survive.
Floor leader Jeong Jeom-sik also remarked that "this government's governance has been characterized by ignoring the voices of the people, legislative monopolization without cooperation, and divisive politics," emphasizing that criticism of the government's mistakes should not stop there. He pledged that the People Power Party would take the lead in correcting the current administration's failures.
Jeong pointed out the government's missteps, including the devastation of the capital market and the livelihoods of ordinary citizens, the real estate policies that have become a massive threat to the lives of the people, and the issues of high inflation, high exchange rates, and high interest rates. He highlighted that the legislative monopolization by the ruling party has accelerated the 'exit' of companies overseas, while youth employment rates have plummeted to 44%.
At the forum, experts from various fields gathered to critique government policies in areas such as the stock market, real estate, high inflation, self-employment, and national security, including military disarmament, unconstitutional North Korea policies, trade with the U.S., and 'show diplomacy.'
Lim I-ja, who was appointed as the policy committee chair just before the forum, stated, "We will transform into a competent policy party. Under the principle that the answers lie in the field, we will make the voices of the people the starting point of our policies," pledging to prioritize the recovery of the economy in all policy initiatives and to present effective alternatives.
She added, "We will firmly oppose the legislative monopolization of the ruling party, but if policies are necessary for the people's lives, we will collaborate with anyone," emphasizing that they will earn the trust of the public through policies rather than words, and results rather than slogans.
* This article has been translated by AI.
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