Jang Dong-hyuk, leader of the People Power Party, speaks at a Supreme Council meeting at the National Assembly on June 29. [Photo: Yonhap News]
Jang Dong-hyuk, leader of the People Power Party, criticized President Lee Jae-myung on June 29, stating that if the issues with the national soccer team are attributed to Coach Hong Myung-bo, then the root cause of South Korea's economic crisis lies with President Lee.
During a Supreme Council meeting at the National Assembly, Jang remarked, "South Korea's economy is now counting its last options."
He referenced a post by President Lee on social media the previous day, which suggested that selecting an incompetent person as a commander leads to predictable outcomes. Jang stated, "He should look in the mirror and reflect on himself."
Jang continued, saying, "Our talented youth, equipped with the world's best capabilities, are unable to find jobs and have become 'full-time children.' This is no different from benching Son Heung-min." He criticized the government for regressing with the Yellow Envelope Law (revised Labor Union and Labor Relations Adjustment Act Articles 2 and 3) while competing nations are pushing forward with restructuring and labor reforms. He added, "Just as the issues with the national soccer team are hidden thanks to outstanding players, the current crisis is being masked by the semiconductor industry."
He emphasized the need for a fundamental shift in economic policy, stating, "If the coach continues to stubbornly refuse to change after a failed operation, there is no solution other than replacing the coach."
Regarding President Lee's recent proposal to use a supplementary budget, Jang remarked, "With approval ratings plummeting, he wants to distribute cash to boost them."
He warned, "If more money is injected through the supplementary budget, the exchange rate will rise further, and prices will skyrocket. If there’s a fire, you should use a fire extinguisher, not pour gasoline on it."
During a Supreme Council meeting at the National Assembly, Jang remarked, "South Korea's economy is now counting its last options."
He referenced a post by President Lee on social media the previous day, which suggested that selecting an incompetent person as a commander leads to predictable outcomes. Jang stated, "He should look in the mirror and reflect on himself."
Jang continued, saying, "Our talented youth, equipped with the world's best capabilities, are unable to find jobs and have become 'full-time children.' This is no different from benching Son Heung-min." He criticized the government for regressing with the Yellow Envelope Law (revised Labor Union and Labor Relations Adjustment Act Articles 2 and 3) while competing nations are pushing forward with restructuring and labor reforms. He added, "Just as the issues with the national soccer team are hidden thanks to outstanding players, the current crisis is being masked by the semiconductor industry."
He emphasized the need for a fundamental shift in economic policy, stating, "If the coach continues to stubbornly refuse to change after a failed operation, there is no solution other than replacing the coach."
Regarding President Lee's recent proposal to use a supplementary budget, Jang remarked, "With approval ratings plummeting, he wants to distribute cash to boost them."
He warned, "If more money is injected through the supplementary budget, the exchange rate will rise further, and prices will skyrocket. If there’s a fire, you should use a fire extinguisher, not pour gasoline on it."
* This article has been translated by AI.
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