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May 17, 2021 13:48 A progressive group of economists on whose theories the Moon Jae-in administration based its economic policies have turned into harsh critics of the government. Their focus is equitable distribution of wealth rather than solely pursuing economic growth, but in a seminar last week, they attacked Moon s failed attempt to stimulate private spending by hiking the minimum wage and to tame rising apartment prices by slapping punitive taxes on multiple home owners. They said Moon s policy gambles created many problems and led to lost credibility. They also accused the president of being a populist by bypassing feasibility studies in the construction of a new airport on Gadeok Island near Busan to buy votes in Korea s second city, and banning the Tada ride-hailing app due to opposition from the taxi-driver lobby. If even these loyal mandarins are turning on the president, something must be seriously amiss. Of this cabal, only former presidential policy secretary

Pusan gwangyoksiSouth koreaKim jin pyoHong jang pyoMinjoo partyMoon jae inGadeok islandKim sang joKim young hwanChosun ilboHosun comதெற்கு கொரியாமிஞ்சூ கட்சிநிலா ஜே இல்கிம் பாடினார் ஜோகிம் இளம் ஹ்வ்யாந்