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1
Editorial
CanKoreafind
itswayforpeople?
O
n March 24, 2007 National Union of Mediaworkers (NUM) came
¡°
togetherinSeoultostruggleagainsttheFTA.Theywereusingalltheir
FTAhasitselfgood
energies.NUMannouncedalettertoPresidentRohMoo-hyun,entitled
¡°Wehopethatspringwillcomefromyou.¡±Butthenextweekthetoptradechiefs
pointsbylookingatits
ofbothKoreaandtheU.S.agreedtofinalizethingsinSeoul.
All details regarding Korea-U.S. FTA were agreed on last month in spite of
objectives.However,
resortingtoastay-instrikebyanti-FTAgroups.Thegovernmenthadinsistedon
theKoreaneconomy
FTAinclosedadministrationofthegovernmentwithoutanalyzingandmaking
alternative ideas about economic effects for common people. The consenting
isatacriticaljuncture,
party had just emphasized the positive side of FTA so far. Roh Moo-hyun
atpresentKorea¡¯s
administration came to close the negotiation with the U.S.. That¡¯s obviously
governing mistakes. There are some questions about the administration¡¯s
competitivepoweris
insistences.
FTAhasitselfgoodpointsbylookingatitsobjectives.However,theKorean
feeble.
economyisatacriticaljuncture,atpresentKorea¡¯scompetitivepowerisfeeble.
Thereforetherearemanyquestionsatissuebecausetheseso-calledbenefitsfrom
¡±
FTAwillbeoccupiedbytheU.S..Duetothesereasons,KoreaandtheU.S.FTA
willactasthecatalysttostimulatewideningincomegapsbetweentherichand
thepoor.
Already, more and more people in the middle-income bracket of society are
collapsing,soFTAwillgivearisetomakechaebolstobewealthier.Thereisan
imbalanceddistributionofwealthinKoreasociety.Incomeofpeopleshouldbe
redistributed;otherwisecommonpeople¡¯seconomicsituationsinthecountrywill
increasinglybecomemoreserious.
Simply, the government had explained people can buy moderate priced
produce, such as beef, rice, pears and oranges from FTA. In addition, they had
insisted that FTA will revitalize the domestic economy and stabilize national
economy. However, FTA can not guarantee the domestic economy advance
becauseoftheoutflowofthecurrencies.
Also the government had emphasized that Korea-U.S. FTA can bring about
risingGrossDomesticProduct(GDP).Eventhoughthatwillbetruebutgrowth
will not take care of all those problems. That is just an economic indicator, not
meaning.Itismerelyaquestionofnumericalvalue.Inaword,GDPisnotrelated
todowithpeople¡¯slivingstandardsandthedomesticeconomy.
Recently, the government made an absurd remark; ¡°We trust our people¡¯s
ability.¡±Ithinkthatthegovernmentseemstobeindifferenttoourpeople.Korea-
U.S.FTAisloominganominousshadow.Byallmeans,thegovernmentshould
notonlyfocusononeside(richpeople).
EditorinChiefAnna
APRIL 2007

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