South Korean President Lee Jae-myung: Expanding the economic pie should be prioritized over welfare at this time.
South Korean President Lee Jae-myung stated on Wednesday that pursuing economic growth and welfare expansion simultaneously is currently unrealistic, emphasizing that expanding the economic pie should take precedence over welfare. He posted on platform X, uploading a media column that argued the government's budget proposal for next year was relatively insufficient in "distribution" spending. Lee Jae-myung asserted that growth must never be sacrificed for the sake of expanding welfare.
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