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Bareun Mirae Party calls on Moon administration to revise economic policies

2019-07-05 7 Dailymotion

South Korea's minor opposition Bareun Mirae Party has strongly criticized the Moon Jae-in administration's economic policies,... saying,... they're driving the economy into a hole.<br />In a policy speech Friday,... floor leader Oh Shin-hwan claimed... the government's income-led growth policies have worsened income polarization... and back-to-back massive minimum wage hikes have negatively impacted small businesses.<br />Oh said,... if the government wants to revive the economy,... it needs to overhaul its economic policies,... and work with rival parties to find solutions.<br />Slamming the government's extra budget bill,... he said only a small portion of the budget is directed at economy-related areas and that it'll have little impact on boosting growth.<br />Oh also called for a parliamentary probe into the undetected arrival of a North Korean fishing boat at a South Korean port to see whether there was any cover up attempt,... and called on the defense minister and national security advisor to resign.<br />

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