Kim Moon-soo, the People Power Party presidential candidate, announced the 'MSnomics (More & Secure)' job-centered growth strategy on the 30th, stating that "jobs are a more powerful means of distribution than welfare." He pledged to achieve a $40,000 per capita national income and a 3% potential growth rate by 2030 through this strategy.
Candidate Kim emphasized that the "only solution to revitalize Korea's economy is job-centered growth" while announcing the economic transformation policy 'MSnomics' in the Youth Street of Chungju that day.
He presented three main goals for 'job-centered growth': ▲ restoring the potential growth rate, ▲ realizing a 'flow economy,' and ▲ ensuring warm survival welfare. A 'flow economy' is a structure where the threshold for employment is lowered and the benefits of growth flow to the people.
Additionally, he proposed six core strategies: technology investment, expanded corporate freedom, increased opportunities for the common people, an employment-friendly labor market, a shift to elective education, and growth-supportive finance.
First, he outlined plans to foster AI-based new industries and propel the nation to become a technology superpower through expanded technology investment. Additionally, to ensure corporate freedom, he proposed regulatory reform, the enactment of the 'Basic Law on Economic Freedom and Innovation', and the government stepping in as an initial investor and consumer.
Moreover, to establish a foundation for the self-reliance of the common people, he emphasized guaranteeing basic rights to life and pursuing a tax cut, while constructing an employment-friendly labor market to increase jobs for youth and women, thereby co-functioning labor flexibility and safety nets.
Furthermore, by transitioning to elective education, he expressed an intention to nurture practical talents, link technological innovation with education, expand investment in future infrastructures such as GTX, and pursue fiscal efficiency and pension reform.
Candidate Kim revealed that through these strategies, he aims to achieve by 2030 a 3% potential growth rate, a $40,000 per capita national income, ranking 5th in global exports, 1st globally in nuclear power, being among the top 3 in AI worldwide, and fostering 100 new technology champion corporations.
He also stated that "welfare is both a matter of survival and opportunity," and revealed plans to enhance the social safety net, guarantee basic rights to life, restore generational fairness through pension reform, and construct safe digital infrastructure.
Candidate Kim self-assessed as "a friend of the common people who designed the GTX and attracted Samsung Electronics," and pledged to "realize genuine growth and warm welfare beyond populism."