Lee Jae-myeong and Hong Nam-ki also mixed up… “Too stingy” vs. “It’s not flower and moisture”

“The government’s finances aren’t the same.” -Hong Nam-ki, Vice Prime Minister of Economy
“Even if you put in the national finances, you have to compensate enough so that you don’t feel unfair. It seems too tight.” -Jaemyung Lee, Governor of Gyeonggi Province

Deputy Prime Minister Hong Nam-ki and Minister of Strategy and Finance have once again clearly stated their opposition to the’universal payment’ of disaster subsidies. As the spread of Corona 19 is prolonged and claims to pay the ‘4th Disaster Subsidy’ to the public as in the 1st time around the passport, they expressed concern about this. On the other hand, Gyeonggi Province Governor Lee Jae-myeong re-emphasized the necessity of universal payment while not dividing universal and screening into a dichotomy.

[홍남기] “Selection support is desirable… not just keeping the barns”

 10일, KBS <일요진단 라이브 data-recalc-dims=Deputy Prime Minister Hong Nam-ki, who appeared in the film, emphasized fiscal soundness and explained that it is desirable to selectively provide disaster subsidies.” class=”photo_boder” />
On the 10th, Deputy Prime Minister Hong Nam-ki, who appeared on KBS, emphasized fiscal soundness and explained that it is desirable to selectively provide disaster support funds.
Ⓒ KBS

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“If you evaluate that you are obsessed with sound finances and keep only the barns, you are looking at very little.”

Deputy Prime Minister Hong Nam-ki appeared on KBS on the morning of the 10th and said, “I kept talking about the position that it is desirable to provide selective support rather than support for the entire population.” It is desirable to do it.” He said, “It’s not that other people aren’t important. It’s not that it’s okay,” he argued. “Because the government’s finances aren’t the same, it’s desirable for the whole economy to increase support to the victims like that,” he said. did.

He said, “From the people’s point of view, and for the economy, the effect is maximized if you distribute a lot of money to the people.” It is a matter of judgment.”

Deputy Prime Minister Hong said, “There are some people who have improved their income after experiencing the corona crisis. There are people who have not changed their wages like public officials like us.” “Wouldn’t it be better for our economy as a whole to provide thicker support to the affected class even with the same resources, rather than the money given to the people?”

Regarding the discussion on the 4th disaster subsidy of the politics, “the 3rd subsidy has not been paid yet, and there is a so-called huge budget, which is 558 trillion won this year, a 9% increase.” In this situation, it is not too early to discuss the 4th disaster subsidy,” he pointed out. “How the quarantine situation will develop, what will happen to the damage situation after the third subsidy is given, and what situation the Korean economy will develop,” he explained.

He also said that there were generally many favorable responses to the payment of national disaster subsidies in various opinion polls. “When giving disaster subsidies, all of them should be covered by deficit government bonds.” There is a part that has an effect on the economy as well. This accumulation of deficits is a debt that our future generations should bear.” “It is not a simple question about whether it is national support or selective support, but considering all these things, if you ask an opinion,’Is it correct to give all citizens the same?’ .

Deputy Prime Minister Hong raised his voice, saying, “The finances aren’t always sitting to protect the barns,” and “to respond to the corona crisis, the finances showed their full potential last year and supported them.”

[이재명] “Our country, the least reward in the world… When spending boldly”

 지난 9일, KBS <심야토론 data-recalc-dims=Gyeonggi Gyeonggi Governor Lee Jae-myeong, who appeared in the film, talks about the need for bold financial expenditure.” class=”photo_boder” />
On the 9th, Gyeonggi Gyeonggi Governor Lee Jae-myeong, who appeared on KBS, is talking about the need for bold fiscal spending.
Ⓒ KBS

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“We still haven’t been able to apply for the selection we decided to apply last summer. We are still selecting it. That is the reality.”

On the other hand, on the 9th, KBS <심야토론>Gyeonggi Gyeonggi Governor Lee Jae-myeong, who appeared in the episode, said, “There is no way to avoid the 4th and 5th (the pandemic). Until we reach the stage of group immunity, there is actually no way.” “I can’t do it,” he said. “It’s time to spend your money boldly,” he said.

Governor Lee emphasized, “We have made the least economic compensation in the world to the people we patiently endure and cooperate with,” he said. “Now, we have exceeded the limit of demanding patience while unilaterally forcing sacrifices.” He said, “Our society has a general principle. If you make a special sacrifice for the whole community, the whole community will give you the corresponding reward,” he said. “Even if you put in the state finances, you should compensate enough so that you do not feel unfair. ) It seems too stingy,” he said, saying that the government’s current support measures are insufficient.

Governor Lee Jae-myeong said, “It is not easy to select some of them because everyone is affected,” he also said, saying the difficulties of screening support. “When you ask,’Will you pay 50%, 70%, 80%?’ for the first disaster support payment (lower in terms of income),’What is 50.01%?’ That’s why it was a lot of noisy,” he said. “There will always be a boundary line, and there is bound to be a backlash.”

Governor Lee Jae-myeong raised his voice, saying, “This is not a screening-universal problem at all,” he said, saying, “For those who are directly affected by the government, who are directly subject to regulation, and directly damaged by the government policy,” “Don’t look at these two exclusively, do as much as you need, and give everyone a chance because it’s difficult for everyone.” He also mentioned the advantages of universal support, saying, “The support method of the one with a large consumption multiplier effect, which increases consumption overall, has both an income support effect and an economic revitalization effect.”

He said that while providing selective support where needed, universal support for the whole country should be conducted at the same time. Regarding the form, he said, “When you select a really difficult person and apply for it, you can’t do this by giving it in the form of local currency, so’use it out’.” He also said, “When you give it to the whole country, you have to say,’Use it all within three months, and use it in your neighborhood’, so that the alleys of that neighborhood live.” It was a nuance that the payment types of selective support and universal support should be different.

He said, referring to an example in which Japan paid 100,000 yen per person for corona support last year. In the case of applying to the whole country, it was argued that local currency with a set deadline was more effective.

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