Thursday, September 17, 2026

Kim Min-seok: "Policies for People in Their 40s, 50s and 60s to Be Strengthened; They Pay the Most Taxes but Receive Little Consideration"

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2026-09-17 08:45:01
Updated
2026-09-17 08:45:01
Kim Min-seok, leader of the Democratic Party of Korea, delivers opening remarks at the Daejeon Supreme Council meeting held at Daejeon City Hall on the 16th. News1

[Financial News] The Democratic Party of Korea plans to significantly strengthen policies targeting people in their 40s, 50s and 60s. With policy attention focused on young people and older adults, the party intends to develop policies for middle-aged people who have been relatively overlooked.
Kim Min-seok, leader of the Democratic Party of Korea, said on the party's YouTube program 'Minti07' on the 17th, "The reality is that people in their 40s, 50s and 60s work the most, pay the most taxes and receive the least consideration."
Kim explained, "They are the Democratic Party of Korea's support base, which makes this a very important issue, but they have not been the focus of policy consideration." He added, "That happened because we started with more vulnerable generations."
He continued, "As we shift our policies going forward, we intend to significantly strengthen policies for people in their 40s and 50s, or in their 40s, 50s and 60s."
Within the Democratic Party of Korea, former Supreme Council member Ko Min-jung will lead the 4050 Committee and work to develop related policies. Referring to former lawmakers Jong-sung Lim and Kim Jun-hyeok, who had addressed related issues in the past, Kim emphasized, "This is not something that can simply be handed over to a committee."
The Democratic Party of Korea will also expand policies targeting young people. Kim said, "We are preparing a system to train young interns, with a target of about 1,000 participants a year, under what is called a political and administrative internship program."
The party also plans to establish so-called "second party headquarters" nationwide, led by young people, while promoting youth cultural festivals and youth policies jointly pursued by the ruling and opposition parties.

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