"Oh Se-hoon Must Protect Seoul to Resolve Polarization"... Campaign Rally in Sinchon Area

"Rising Stock Prices Are Not Entirely Good News"

Two Citizens’ Joint Campaign Committee Chairs Join the Rally

Oh Se-hoon, the People Power Party’s candidate for Seoul mayor, criticized the “polarization phenomenon” caused by the Lee Jae-myung administration on May 29.

Yonhap News Agency

During his campaign speech at Star Square in Sinchon, Seodaemun-gu, Seoul, that afternoon, Oh stated, “For the Republic of Korea to escape the quagmire of polarization, rising inflation, high exchange rates, and the increase in housing costs and stock prices are not entirely welcome developments.” He continued, “From the perspective of those who are struggling, these circumstances make life even more difficult.”

He added, “When the stock market hits 8,000 points and there is excitement in the air, did you actually see any money in your pockets? For people who live paycheck to paycheck or on daily earnings, this feels like a story from a distant country.” He further explained, “When money is injected into the market under various pretexts, it only pushes up real estate prices and the cost of living, which ultimately forces those who are already struggling to shed tears of blood.”

Oh then asked, “Is President Lee Jae-myung, who is running the country this way, really a good president? Have you ever heard a single word of apology to the people who are shedding tears because of soaring housing prices and rent?” He stressed, “I truly believe he is a bad president.”

He also said, “By the time the Lee Jae-myung administration ends, polarization will have become even more severe. The gap between the rich and the poor will have widened further, and the Democratic Party’s claimed identity as a party that embraces the vulnerable will be on the verge of collapse. On the contrary, I can confidently say that when Oh Se-hoon of the People Power Party protects Seoul, we can resolve polarization and prevent the gap between the rich and the poor from getting worse.”

Seo Moon-min-gyeong, the Citizens’ Joint Campaign Committee Chair, who is the face of the “Seoul Learn” policy, also attended the event. “Seoul Learn” is a signature policy from Oh’s previous term as Seoul mayor, designed to allow vulnerable groups to access a variety of educational services through a public platform. Chair Seo stated, “I didn’t even know how to spell ‘apple’ in English, so I wondered how I managed to enter a four-year university in Seoul after just three years in high school.” She added, “I had no dreams, no hope, and no future, but after encountering the Seoul Learn policy promoted by Oh, I was able to enroll in university and find a new dream.”

On the same stage, Park Jae-byeong, CEO of CareDoc and another chair of the Citizens’ Joint Campaign Committee, also spoke. Park stated, “Startups do not grow just because they receive a little funding. Young entrepreneurs do not go into business hoping for support money.” He continued, “Some say if someone starts a business, they’ll give them 60 million won. That’s all our tax money and numbers we are responsible for—so why should others use it?” This was interpreted as a criticism of Democratic Party candidate Jeong Won-oh’s campaign pledge. Jeong has previously announced a youth startup support pledge, promising to select 1,000 young people who challenge themselves to start a business and provide each of them with up to 60 million won for at least one year.

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