Jang Donghyuk: "President Lee Jaemyung Must Change Policy in Budget Address... Self-Praise Means Regime's End"

Jang Dong-hyeok, leader of the People Power Party, said on Nov. 2, regarding President Lee Jae-myung’s budget address, “He must apologize for the real estate hell, the plunge in Samsung Electronics-Hynix ETF prices, and the comprehensive farmland survey, and pledge a policy shift.” He added, “If he once again treats the people like pigs with self-congratulatory remarks, the address will become a declaration of the administration’s demise.”

Jang Dong-hyeok, leader of the People Power Party, delivers opening remarks at a Supreme Council meeting at the National Assembly on Nov. 2, 2026. Photo by Yoon Dong-ju

Speaking at a Supreme Council meeting at the National Assembly that morning, Jang said of President Lee’s upcoming budget address, “In this address, President Lee must say not what he wants to say, but what the people want to hear.”

Jang continued, “As commander-in-chief, he must demonstrate an unwavering commitment to national defense in the face of North Korea’s landmine provocations and nuclear and missile threats, while also responding to public concerns about the breakdown of the South Korea-U.S. alliance.” He added, “He must also suspend the impeachment of Supreme Court Chief Justice Cho Hee-dae and declare that he will stand trial with confidence.”

On next year’s record 821 trillion won “super budget,” Jang said, “At a time when the people are being stripped of their money and savings and even losing their homes, the government has put forward a record-high budget of 821 trillion won.” He added, “It seems intent on ruining South Korea even further, thinking only of pumping money into the economy on the back of the semiconductor boom.”

Jang said, “We have already scrutinized 100 problematic projects and called for 30 trillion won in budget cuts. The Future Response Fund’s 104 trillion won in surplus funds should also be used to repay government bonds.” He added, “Tomorrow, I plan to personally announce five budget priorities focused on people’s livelihoods. We will protect people’s lives and the country’s future with a genuine budget for the people.”

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