[Kim Dong Ho's outlook for the world economy]
Populism Expends Finances and Exploits Young Generations
【中央日報(JoongAng Ilbo)】2019.12.23 00:27
John Wonchek Lawyer
"Populism will be the biggest crisis of the Moon government . "
2020/05/04
Subtitles-Settings-Subtitles ( 1 ) -Automatic translation-Language
We cannot feel relieved in Korea
There is the rapid increase in minimum wage after entering the current government, compulsory 52-hour week system ignoring productivity, and maximum tax rate increase (corporate tax 22 → 25%, income tax 40 → 42%) reflect the flow of populism as it is.
Increased government cash support in South Korea
The problem is finance.
If only the finances are healthy, we must naturally increase welfare.
However, if it is not in such a state (convenience), the budget will be exhausted and the degree of dependence on the state will increase and the economy will be bruised.
The director of the National Institute for Future Studies, 김광두(Kim Kwan-duキ), said,
"It going to be interested in the taste of drugs and drugs , " in response to the financial insurgency .
The current government passed the 2020 budget plan of 512 trillion won with the opposition removed.
In the process, the Constitution and Diet law were ignored.
It is an extra-legal budget that does not even include the minutes of budget review.
The idea here is that the foreign minister takes a small island and eats it.
The government is planning to issue deficit-financing bonds, which will reach 60 trillion won next year, even though the cumulative budget deficit of this year has already reached 4.5 trillion won.
This is the amount that will cover 55 trillion won in cash budget provided as various allowances.
If only the finances are healthy, we must naturally increase welfare.
However, if it is not in such a state (convenience), the budget will be exhausted and the degree of dependence on the state will increase and the economy will be bruised.
The director of the National Institute for Future Studies, 김광두(Kim Kwan-duキ), said,
"It going to be interested in the taste of drugs and drugs , " in response to the financial insurgency .
The current government passed the 2020 budget plan of 512 trillion won with the opposition removed.
In the process, the Constitution and Diet law were ignored.
It is an extra-legal budget that does not even include the minutes of budget review.
The idea here is that the foreign minister takes a small island and eats it.
The government is planning to issue deficit-financing bonds, which will reach 60 trillion won next year, even though the cumulative budget deficit of this year has already reached 4.5 trillion won.
This is the amount that will cover 55 trillion won in cash budget provided as various allowances.
The tax burden rate increases rapidly
The ratio of national debt to gross domestic product (GDP) is 37.1% this year, which will reach 100% in the 50-60 generations.
Even in Greece and Spain, it took less than 10 years to reach the national debt ratio from 40% to 100%.
Just completed The Presidential Policy Planning Committee has announced a universal symptom proposal to increase the corporate tax rate and value added tax rate to increase the tax burden rate from 20.0% last year to 25% in 2045 in order to expand welfare.
This is a welfare expansion policy that came out when companies could not be sure of their survival due to the low growth rate of 1% or so due to the declining birthrate and the aging population, and the low growth rate of 1%.
In France, South Korea has been following the shadow of populism in France, where it has suffered labor pains from pension reform, and even in Sweden it has lowered corporate tax from 30% to 21.4% and reduced welfare.
Exploitation of future future generations must stop here.
Instead, it is the government's role to create a space for future future generations through regulatory and labor reforms.
김동호 (Kim Dongho) Editorial Writer, Reporter
It seems that we are always looking at the future of our Republic of Korea and it feels strange to below the grave. Strange?
Car (tea, cha-am) Rock poor pitiful our 2030 generation ...
What kind of government do we support? I will
try to understand that I was late, but I will do what I was late, but poor poor generation ...
Approval 60
Opposition 0
朴槿恵(Park Geun-hye,박근혜,パク・クネ）who was trying to reform the public employee pension even though he was not a public employee There are also those who support 文在寅（Moon Jae-in,문재인,ムン・ジェイン）and held his ankle.
Is such a stupid person well qualified to buy a good life?
The price of stupidity is unhappiness.
Fortune comes out. If it's too stupid ...
Approve 50
Oppose 0
incredible opinion poll ... The
country won't perish for the time being , but I'm just addicted to free welfare and addicted to the next generation's blood It's big and applauding for free money ...
I have no answer.
Exports decreased even 10%, shops shut the door, trying to win his brother a favorite land prices is to become (for the) Chiyoko that the President
also to are also in the election fraud di-operation quality,
曺国（Cho Kuk,조국,チョ・グク）Guardian's guardian chewed large sesame sentence (gate) Moon 月窓 (Moon window) In a world where dogs and dogs of Dalchan are half full.
There will be a turning point where the next general election will divide the future of the Republic of Korea.
In the next general election, the Free Right will win and wash.
If this 文在寅（Moon Jae-in,문재인） gang cannot be processed, the Republic of Korea will be the day of being sentenced to death ...
Approve 47
Oppose 0
government has put more than 12 million people in the wallet to put cash in. "
It certainly looks like the country is walking on the roads of Argentina and Venezuela.
Those who live with money given by the government will take the populism regime even though the country of diarrhea is destroyed.
These 12 million people make up about 30% of Korean voters.
So it may be difficult for the conservatives to win the general election next year, despite the infinite reality of this regime and the collapse of economic diplomacy.
The dread will really make you feel moving.
approve 29
oppose 0
and not to divide means and methods Not to choose such power.
全斗煥（Chun Doo-hwan,전두환,チョン・ドゥファン）was also evaluated by economists as saying that he was good at economic policy. , Irony irony that couldn't be done much.
Agree 44
oppose 0
Political powers that give free 화 (fur, anger) will surely win and the country will perish
Agree 43
oppose 0
Without making an effort to win wealth (Part) will have to fall into the abyss hell if the source given is gone.
Its source but said that the more than not a glue doorway, what time to think also that it to that glue family register?
Agree 43
oppose 0
the order,. 꼬레 꼬레아 / 코레 코레아 (Correa / Corecore) It's all you need to know at a glance. ... 꼬레 꼬레아 / 코레 코레아 (Correa / Corecore) dugong where things get twisted.
Approve 34
Oppose 0
꼬레 꼬레아 / 코레 코레아 (Correa / Corecore) A
The slang term used in Kiribati to refer to a woman with a sexual disorder.
which originally meant a woman (te korekorea, korakorea girl)
who prostitutes a Korean man who landed as a fisherman, started.
Don't forget to buy the fact,
to remember the fact that Seoul's free meals started
Buy school lunch.
Approve 31
Oppose 0
It's easy to blame the stupid crowd.
However, I can only see the
edge that is only grudging because of that 뻔히 (Ponghi, sure) going to the cliff.
First of all, people around us, especially children, need to have a sensible education.
I think it is the maximum value that small citizens can do besides elections
Approve 30
Oppose 0
Car (tea, cha-am) Rock poor pitiful our 2030 generation ...
What kind of government do we support? I will
try to understand that I was late, but I will do what I was late, but poor poor generation ...
Approval 60
Opposition 0
朴槿恵(Park Geun-hye,박근혜,パク・クネ）who was trying to reform the public employee pension even though he was not a public employee There are also those who support 文在寅（Moon Jae-in,문재인,ムン・ジェイン）and held his ankle.
Is such a stupid person well qualified to buy a good life?
The price of stupidity is unhappiness.
Fortune comes out. If it's too stupid ...
Approve 50
Oppose 0
incredible opinion poll ... The
country won't perish for the time being , but I'm just addicted to free welfare and addicted to the next generation's blood It's big and applauding for free money ...
I have no answer.
Exports decreased even 10%, shops shut the door, trying to win his brother a favorite land prices is to become (for the) Chiyoko that the President
also to are also in the election fraud di-operation quality,
曺国（Cho Kuk,조국,チョ・グク）Guardian's guardian chewed large sesame sentence (gate) Moon 月窓 (Moon window) In a world where dogs and dogs of Dalchan are half full.
There will be a turning point where the next general election will divide the future of the Republic of Korea.
In the next general election, the Free Right will win and wash.
If this 文在寅（Moon Jae-in,문재인） gang cannot be processed, the Republic of Korea will be the day of being sentenced to death ...
Approve 47
Oppose 0
government has put more than 12 million people in the wallet to put cash in. "
It certainly looks like the country is walking on the roads of Argentina and Venezuela.
Those who live with money given by the government will take the populism regime even though the country of diarrhea is destroyed.
These 12 million people make up about 30% of Korean voters.
So it may be difficult for the conservatives to win the general election next year, despite the infinite reality of this regime and the collapse of economic diplomacy.
The dread will really make you feel moving.
approve 29
oppose 0
and not to divide means and methods Not to choose such power.
全斗煥（Chun Doo-hwan,전두환,チョン・ドゥファン）was also evaluated by economists as saying that he was good at economic policy. , Irony irony that couldn't be done much.
Agree 44
oppose 0
Political powers that give free 화 (fur, anger) will surely win and the country will perish
Agree 43
oppose 0
Without making an effort to win wealth (Part) will have to fall into the abyss hell if the source given is gone.
Its source but said that the more than not a glue doorway, what time to think also that it to that glue family register?
Agree 43
oppose 0
the order,. 꼬레 꼬레아 / 코레 코레아 (Correa / Corecore) It's all you need to know at a glance. ... 꼬레 꼬레아 / 코레 코레아 (Correa / Corecore) dugong where things get twisted.
Approve 34
Oppose 0
꼬레 꼬레아 / 코레 코레아 (Correa / Corecore) A
The slang term used in Kiribati to refer to a woman with a sexual disorder.
which originally meant a woman (te korekorea, korakorea girl)
who prostitutes a Korean man who landed as a fisherman, started.
Don't forget to buy the fact,
to remember the fact that Seoul's free meals started
Buy school lunch.
Approve 31
Oppose 0
It's easy to blame the stupid crowd.
However, I can only see the
edge that is only grudging because of that 뻔히 (Ponghi, sure) going to the cliff.
First of all, people around us, especially children, need to have a sensible education.
I think it is the maximum value that small citizens can do besides elections
Approve 30
Oppose 0
