“We need to provide subsidies to young people who did not go to college”
Democratic Party presidential candidate Lee Jae-myung said, “Increasing the national debt is to pull out the financial resources that the country will use in the future. It is the principle of asset allocation,” he explained.
Candidate Lee appeared on the YouTube channel ‘Study King Jin-Kyung Hong Jin-Kyung’ on the 11th and selected a fair society, a growing society, and an integrated society as three promises. Among them, while explaining the case of growth opportunities through renewable energy, opinions regarding the national debt came out saying, “It costs money.”
When the host Jin-kyung Hong asked, “Where do you get money (to invest in such cases)?” Candidate Lee replied, “The government should invest in that. The government has a lot of money,” he replied.
Hong Jin-kyung said, “How much is it? Do you keep printing money?” Lee asked once more, and Lee explained, “I can’t do that, and increasing the national debt means pulling future financial resources.”
He continued, “If you compare 10 million won in their 20s with 10 million won in their successful 40s, even the same amount of money is overwhelmingly valuable to people in their twenties. If you go and pay me back then, it’s more efficient, and that’s called asset allocation.” “The state can do the same,” he said. That is the national debt,” he added.
In addition, Candidate Lee also mentioned the importance of a growing society and related cultural contents industry. He said, “The cultural contents industry neither generates carbon nor uses fossil fuels,” he said. “We have unique strengths.” Then, introducing the proverb, ‘If your cousin buys a rice paddy, your stomach hurts’. The competitive spirit is very strong.” Also, taking the example of people wearing masks to prevent the corona virus, he said, “On the other hand, a public mind has developed.” We have strengths in the content industry,” he said.
Capture of YouTube channel ‘Study King Jin-Kyung Hong Jin-Kyung’Candidate Lee also mentioned additional support measures for young people who did not go to college. He said, “About 70% of them go to college, and without realizing it, they receive an average of 20-30 million won while attending college. Let’s give them a chance to choose what they’re going to do.” Candidate Lee announced the basic income policy in July last year and announced that he would pay 2 million won per year to young people between the ages of 19 and 29.
Hong Jin-kyung expressed concern, “There will be people who use it to buy, drink and play (as a subsidy),” and Lee said, “I cannot take away the opportunity from most other people just because there is such a person.”
Han Ji-hye, reporter for Donga.com [email protected]
