President Moon Modifies His Minimum Wage Hike Plan

This was never going to go well and it seems President Moon has finally realized this:

Anchor: President Moon Jae-in has acknowledged problems of his key economic policies, calling for ways to break the shock of minimum wage hikes and reduced work hours. This comes as the government forecasts the economy will be sluggish next year as well.
Kim In-kyung has the details.

Report: The government has decided to revise the minimum wage decision-making system by February and implement it from 2020, adjusting its pace of increase. It will also spend a record-high 61 percent of its budget in the first half of the year in 2019. 

KBS World Radio

You can read more at the link.

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AppeasingNorthKorea
AppeasingNorthKorea
5 years ago

The dumbass and his colleagues who spent most of their lives protesting on streets against “military dictators” and the “American colonists”, who have no idea about a market economy, what did we really expect? They were the militant student protestors of the 1980’s and 1990’s advocating reuniting with that horrible North Korean regime. Now they’ve taken over the country as its leaders. The result is a complete chaos. They don’t know anything about the daily realities of running a country. All they know about is an ideology that works great on paper. They are complete amateurs who should step down before this once great country becomes a complete mess beyond recognition.

J6Junkie
J6Junkie
5 years ago

They can enjoy the socialist quality of life like Cuba and Venezuela.

Flyingsword
Flyingsword
5 years ago

commie moon trying to make South Korea look like Venezuela, what an ass…..

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