President Park’s scaling down of welfare pledge: Analysis 박근혜 정부 복지공약 후퇴: 전문가 대담

President Park’s scaling down of welfare pledge: Analysis 박근혜 정부 복지공약 후퇴: 전문가 대담


so president Park geun-hye who took office seven months ago with great expectations surrounding her is seeing her electoral honeymoon collapse around her as she rolls back the big welfare pledges that helped her take power the Korean leader is scaling down pension payouts for the LOB and delay planned college tuition subsidies by one year until 2015 due to a revenue shortfall flagship pledges that won her support from young and old voters during the presidential elections last year joining us live in the studio for a discussion on the government’s pension plan and its implications is ugh senior researcher of the economic engineering committee at the future politics economic Institute thank you for joining us today alright so dr. UWE the details of the park geun-hye administration’s basic pension program have been unveiled and as widely expected the Korean leader was forced to scale back aid that she had pledged to pensioners in the two in 2014 now what is the general public’s response to the revised plan so generally the protection campaign promise for basic pension for elderly is it actually unconditional a long one support or Lance over 200,000 wall but it is very difficult to chew rage the disappoint on by 2017 for 50 years of the whole presidency but eternal to be on realistic basic patient system because of the economic to expression and decrease over the national tax revenue and also increasing all the aging people by 2020 seventeenth one the people think about the bridge of the bar hazard to examine the world lulievision of the welfare and also applies I of the history change or hot change over the world people and to the people but least recently the unconditional months allowance for 65 / 82 people are just political agenda and promised but it’s not a photo deal world of the situations in addition violation subsidiary 44 CBO teases are also taking into consideration but the terrible trait treatment are not prepared okay now we are anticipating considerable political repercussion for president Park now let’s turn to the responses from both ruling and main opposition parties how do you expect Asia to play out in the nation’s political circles as a matter of fact to implement of the population has and the welding are usually required info in almost a challenge of a huge investment in providing world-class hobbies you gotta increasing tax revenue must be unrealistic in most of the nation in we CD dot Democratic Party Connelly expressed the negative aspect of the linkage and the connection between education and the National Pension system because the national pension system is basically say to God for the probe senior safety systems meanwhile we have to investigate the circumstance and condition of the world p 0 system before making decision over the increasing tax revenue this means that the government should make a great apple tree be jamming the situation of the leakage over the Welfare Fund and to check the appearance and the petty needs over worker investment to compare with the population social and the health of satisfaction also basically the main reason behind reversing the pledge our lives in the nation’s economic and fiscal soundness of course Korea is grappling with a slowing business investment and rising household as well as sovereign debt and dwindling tax revenues some are saying that levy more tax and perhaps the nation’s wealthiest is the only way to realize president park geun hye’s pledges is this a possibility well the president Park still keep a foregoing protection campaign and strategic not to impose a text that I reached the class however opposition party I want to increase that the text for the lychee to maintain over to maintain the quality of the world being and basic pension systems so I think that what is the best resolution to negotiated between 20 point of the party is it that we will mobilize another aspect orbital participation from the the private company one other sector industries okay we’re going to move on to the final question we have for you because we are short of time I talk to you now there is criticism that the government is not addressing the welfare issue in an efficient manner the welfare of related politics policies are adopted and carried out not just by the nation’s health and welfare ministries but by other ministries as well now it appears to me that they needs to be a government of why the control tower managing the country’s welfare policies and spendings so in your opinion what are your thoughts on that what the currently the packable montes spend about 100 billion dollar for national weather system but some part of the this budget must reuse the fall the improvement of the worker impressed existed because while we spend all our money but the condition of the living quality still on Dave how to cope with this ambient information for marginalized people and society so this is why we need to do shape over the work your information infrastructure and the the pathologies ok doctor you Jake senior researcher of the economic engineering committee at the future politics economic Institute thank you so much for your time we look forward to having you again someday thank you so much

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