Lee Calls Bloomberg Correction on 'National Dividend' a Model for Domestic Media

President Lee Jae-myung stated on May 21 that Bloomberg's correction regarding its reporting on the 'national dividend' should serve as a model for some domestic media outlets that engage in politically motivated manipulation and distortion while refusing to issue corrections.

In a post on X (formerly Twitter), President Lee shared the article and remarked, "The claim made by Chief Policy Officer Kim Yong-beom was about distributing excess tax revenue, not excess profits, which was misreported. How admirable and commendable is this stance of a media outlet that values integrity and accuracy?"

He further asserted, "Media that deliberately manipulate and distort information to favor certain groups or attack individuals cannot be considered credible."

Earlier, Bloomberg had published an article on May 12 interpreting Kim Yong-beom's proposal for a 'national dividend' as a distribution of excess profits, stating that the KOSPI index fell following Kim's comments.

In response, the Blue House requested an official apology and correction from Bloomberg, citing the outlet's "inaccurate framing" that led to significant confusion in the market and had a clear negative impact on investor sentiment.