Lee Argues Economic Growth Should Take Precedence Over Welfare Expansion
Political figure Lee has stated that current policy priorities should focus on stimulating economic growth rather than expanding direct welfare programs. He framed the approach as necessary to enlarge the overall economic base before redistributing resources.
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Lee says focus on growth does not sideline welfare
President Lee Jae Myung on Wednesday dismissed the argument that his government was prioritizing economic growth at the expense of welfare and efforts to ease inequality, saying South Korea first needs to expand the overall economic pie. Lee made the remarks on social media after sharing an editorial that criticized the government's 820.9 trillion won ($599 billion) budget proposal for 2027 for placing too much emphasis on growth and called for stronger measures to reduce economic polarization.
By The Korea Herald
Read full article →(LEAD) Lee says now is time to expand economic pie, rather than welfare
SEOUL, Sept. 2 (Yonhap) -- President Lee Jae Myung said Wednesday it is unrealis...
By Park Boram
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