On the 2nd, presidential candidate Lee Jae-myung pledged to create a 5000 surge in the stock price index by returning to the command economy by Park Chung-hee's due to a sharp rise in stock prices to a planned economy led by finances.
Candidate Lee said on the 2nd, "In the end, it is the election power that best respects the will of the people, and the appointment power must follow the direction of the election power." In other words, he announced the reduction of parliamentary powers with the direct fiscal rule of the president.
According to Article 76, the constitutional grant of emergency financial and economic orders is an executive order from the president that has legal effect only when the president cannot afford to convene the National Assembly during a natural disaster, major financial and economic crisis, and is a matter that must be immediately reported to the National Assembly for approval immediately after the order. No other authority over government finances was allowed. Candidate Lee then again mentioned the rise in stock prices at the opening of the stock market on the 3rd and said, “I expect the great long journey toward the 5000 point era to come true.” “In times of crisis, the nation If we create new growth opportunities through large-scale investment and strong economic revitalization policies, we will be able to go on a path of growth again. He announced a policy to recover the economy due to a surge in the stock market.
Candidate Lee said at the Pohang Jukdo Market in December, “If I become president, I will open the age of 5000 stock index,” and on the 3rd, at the Korea Stock Exchange, he stated, “Let’s go toward 5000 points in the stock index through transparency in the capital market and rapid industrial transformation.” He announced that the KOSPI index would soar up to 5000 as an economic pledge.
The Moon Jae-in regime attempted a stock price surge led by bio-diagnostic kit companies with fiscal investment K quarantine from the 1,400 level of the corona stock price, and the 3000 surge in the index was packaged as an economic recovery as an economic stimulus policy to expand the budget deficit by increasing military expenditure.
The command economy of the Park Chung-hee regime applied the high-growth model as a planned economy with a high capital rate and interest guaranteed by Japanese economic cooperation to the US security support for the strategy of maintaining the Cold War system.
And this was the 'American-style electoral system' in support of the pro-US governments in Latin America and Eastern Europe led by the US Republican Party and the CIA strategic group. An administrative dictatorship-type command economy by 'compulsory introduction' was applied.
The planned economy of the Cold War system with US security support set a five-year growth rate and then removed the unions that interfered with the target figures with a judicial dictatorship through expected compulsory execution, and maintained pro-American dictatorship by prolonging the dictatorship of the administration by controlling the budgetary authority of the Congress.
The democratic government abolished unconstitutional provisions such as the presidential decree, executive decree, executive by-laws, etc., tried to reform the budget by drastically cutting the budget for the excessively powerful intelligence agency, prosecutors, and military, and normalized parliamentary authority over finances.
Candidate Lee's remarks appeared on SBS 8 o'clock news on the same day, saying, "Public officials must obey the people's will as a proxy for the people's orders. Election power is ultimately the best way to honor the will of the people, and the power to appoint must follow the direction of the electoral power,” he said.