Blue House Policy Chief's 'Three Highs Are the Cost of Success' Remark... Opposition Demands Dismissal

Choi Eunseok: "Preposterous Economic Sophistry... Should Be Immediately Dismissed"

Jang Donghyuk: "An Economic Theory Worthy of Science Fiction Fantasy"

The People Power Party continued its offensive on May 27 in response to policy chief Kim Yongbeom's remarks from the Blue House, where he stated, "High interest rates, high inflation, and a strong dollar are the costs of economic success."

Choi Eunseok, a member of the People Power Party, stated via his social networking service (SNS) on this day, "While high interest rates, high inflation, and a strong dollar are breaking the backs of the people, the Blue House policy chief has made the outlandish claim that these are merely the costs of success. Kim should be dismissed immediately," he said.

Choi Eunseok, a Member of the People Power Party who declared his candidacy for the Daegu mayoral election, is giving an interview on the 24th at the National Assembly Members' Office Building in Yeouido, Seoul. Photo by Kang Jinhyung

Assemblyman Choi said, "The pattern is always the same: Kim throws out a statement, and President Lee Jaemyung quietly picks it up and defends it, just as we saw in the controversy over the national dividend. President Lee neither draws a line nor replaces him. At this point, we must consider Kim's SNS posts to be a direct reflection of President Lee's economic philosophy."

Choi went on to say, "In the end, Kim is simply President Lee's economic avatar. Otherwise, how could the Blue House policy control tower, after making comments that shake the market and mock the pain of the people, remain in his post as if nothing happened?"

The party leadership is also attacking Kim's remarks. Senior Election Countermeasures Committee Chairperson Jang Donghyuk, at a campaign committee meeting held at party headquarters this morning, called the remarks "an economic theory fit for science fiction (SF) fantasy," adding, "It is the responsibility of the government and ruling party to manage prices, exchange rates, and interest rates, but Lee Jaemyung and the Democratic Party of Korea talk only about stock prices."

Co-Chair of the Election Countermeasures Committee Song Eonseok also mentioned both Kim's remarks and President Lee's regional tour schedule on SNS, stating, "If this administration had even a shred of sympathy for the suffering of the people, such things would be unthinkable. Soothe the wounded public sentiment and focus on running the government," he said.

This content was produced with the assistance of AI translation services.