The virtue of a piggy bank is its defense. In order to complete the mission of earning an asset in a piggy bank, it is necessary not only to protect the precious assets collected in 'Chan-Gang-Pun' from the brother's raids and the looting of his father, but also to be able to stand up to the temptation of the diameter that stretches on his own. A porcelain piggy bank without a ten ton without breaking is truly beautiful.

The Ministry of Strategy and Finance is the government's piggy bank. The budget room of the `` Keep It Up '' section is a virtue of cutting. Deputy Prime Minister Hong Nam-ki and Minister of Strategy and Finance are confident of themselves as 'the finance minister who protects finances'. If you want to use Naraddon, you have to break through the 'space defense' of the budget room of the sturdy base. The process of writing a lottery is not as simple as the guidelines for organizing a review of the budget for the next nine months are already out on the 24th.

As a result, when the story of 'basic income' for the first time to give money to all the people to respond to Corona 19 came out, we can summarize it as "heh" to briefly describe the reaction of the Ministry of Information and Communication. (It can be interpreted in a variety of ways, such as "Having a joke," or "What a ghost to forget!") Deputy Prime Minister Hong Nam-ki said, "It is hard to agree to give to all the people." 1) lack of public consensus, 2) threatening fiscal soundness, and 3) not as effective as spending money.

However, the global spread of Corona 19 and the resulting economic impact are not unusual. Difficult world exports, stopped tourism markets, shrinking consumption due to 'social distance', self-employed businessmen with lost customers, and people losing jobs accordingly. Corona19 is breaking the economic cycle one by one, and it is difficult to guess how much the damage will increase in the future. As a result, disaster subsidies to finance the basic income of the people are financed by developed countries such as the United States, and some countries such as Hong Kong also have policies to provide financial support to all citizens.

Our government has also moved. At the emergency economic meeting held on the 30th, the government fully decided on how to pay emergency disaster relief funds, giving 7 trillion won of Naraddon and 1.3% of this year's budget (512 trillion won) to the public. This is to provide 1 million won for 4 households for the 70% of households with low income. But the announcement was strange somewhere.

● Can we get 1 million won? "I don't know"

After hearing the news of one million won, everyone's thought would be "Oh, can I get it?" And "When will I give it? Where can I get it?" "Where do I write?" But neither I nor the government can answer this question. Because it is not decided. The government did not prepare an answer to all the questions, but only gave directions.

This is exactly what the government announced.

-Emergency disaster relief payments are provided to the bottom 70% of income and approximately 14 million households.
-400,000 won for single-person households, 600,000 won for two-person households, 800,000 won for three-person households, and 1 million won for households of four or more.
-Promote consumption by paying with coupons such as local gift certificates and electronic money, not cash support.
-Of the estimated 9.1 trillion won, the government bears 7.1 trillion won, which is about 80%, and the local government pays 2 trillion won. (Seoul has a wealth of local finance, so it provides less than 80%.)
-The funding will be provided through the second supplementary plan, which will take out unusable money from this year's budget. If it is not enough, it pays more deficit bonds.
Will I be in the bottom 70% of income? I don't know yet. This is because we have to decide in advance what to cut by 70%.

When can i get it? I don't know yet. This money can only be executed after the 21st National Assembly members, who were elected in the April 15th general election, gathered at the National Assembly to review and agree to pass the second supplementary budget.

How can I get it? Not fixed. Expiration date? Not fixed.

It is unusual for the government to provide such insufficient measures to affect 70% of the people. There is not much benefit when the direction is stated to say, "It was an urgent measure and only the direction was given first." It is not a quarantine policy that requires the cooperation of the people, and this announcement alone cannot stimulate consumption. Too much to say, 'Let's get started with social discussion', 'The answer is fixed and you just write'. Just one thing, the political benefits of a passport ahead of the general election are clear.

● Why did the government do that?

With this funding, 3 out of 4 people will receive gift certificates from the government. How did this range, which is not a universal basic income with a low screening cost, and is considered ambiguous as a low-finance screening aid?

The Ministry of Information Technology, which opposed basic income from the beginning, also had a negative position on the wide range of screening support based on income. So, at first, we reported to the Blue House how to support only 100% of households with median income close to the bottom 50% of income.

If you calculate roughly and say that the cost per person is 250,000 won, it will cost 12.9 trillion won to support the 'basic income' to 51.7 million people, and 6.4 trillion won if half the amount is given according to the Ministry of Strategy and Finance. The final cost is decided at 70%, which is estimated at around 9.1 trillion won.
50% 70% 100%
KRW 6.4 trillion KRW 9.1 trillion KRW 12.9 trillion
Even until dawn on the day of the announcement, the Tang Dynasty and the Ministry of Information Technology held a tug of war between these money, and eventually the Blue House's opinion passed. Nearly 10 trillion fiscal policy was thrown into King Sejong with the power of Gwanghwamun and Yeouido, and the Ministry of Information and Communication announced the announcement of 'Harahani and others'. My taste as a vice-president of Hong Nam-ki, who served as the “secretary of state to protect finances,” became bitter. Still, criticisms such as "will be swayed by the Blue House", "greetings on teamwork with the ruling party", and "lack of confidence" compared to the former Deputy Prime Minister, who established a case with the Blue House policy office at the time of his appointment. Because there is something I received.
● Still, more discussion is needed

President Moon Jae-in explained that the reason for expanding the target was "All people suffered from Corona 19 and all people participated in the quarantine. All people deserve compensation for suffering and effort." However, for the top 30% of income, the income level is relatively high, so we decided to exclude it. This is a misleading explanation. It cannot be said that the top 30% of income did not cooperate with quarantine or suffered economic damage.

At the same time, the President also said, "We need to store as much financial power as possible in order to prepare for the economic shock that cannot be ended by the government." According to this statement, it seems somewhat reckless to provide trillion won in financial support to all of the bottom 70% of income. That's because it's hard to see as many as three-quarters of people who have been hit hard enough to support hundreds of thousands of won in income.

I am worried about how effective it will be to save the economy by promoting consumption. I will use the gift voucher I received, but there is no guarantee that I will buy more items that I will not buy. Deputy Prime Minister Hong Nam-ki also showed a cautious position at the briefing, saying, "We need to check the quantitative measures for how much (consumption consumption) will be."
Similar to Corona 19, which has a high fatality rate for the elderly and people with underlying diseases, the impact of the economic crisis is always getting more vulnerable people. As we don't know how much longer the fragile economy will continue, we need to keep in mind the need for massive unemployment or additional stimulus, which may have fiscal execution in the future.

Song Tae-kyung, the director of the Minsheng Solidarity Association, said that through SNS, precise support is needed for those who will lose their jobs in a vulnerable working environment, such as construction workers and special employment workers. "We have become satisfied with the application."

Although the government's support plan has been announced as 'Answer,' there is still plenty of room for materialization. First of all, 1) the Ministry of Health and Welfare must decide on the target, 2) the government must finalize the draft plan, 3) the general election, and 4) the National Assembly decides the final plan. As the progress of Corona 19 changes rapidly, there is much room for its content and direction to change until May, when it will actually be executed. The discussions that take place in this process are expected to be an important foundation for the great changes in social policy that our society will face in the future.