The Democratic Progressive Party (DPP) authorities cannot shirk their responsibility, as Taiwan's economy has a "blue nose and swollen face". Taiwan | exports | economy
In the environment of sluggish export sales, sluggish business, and sluggish manufacturing, the island's economy is facing many severe challenges, and it is a fact that it is deeply trapped in the "Bao 2 crisis". However, the Democratic Progressive Party (DPP) authorities, who have repeatedly boasted about their ability to "compete for the economy," not only face the current situation with half a penny, but also turn their ruling resources into "chips" for exchanging election benefits. On the other hand, they manipulate "anti China and anti China" tactics and engage in "decoupling and chain breaking" against the mainland. The public opinion on the island exclaimed: The Democratic Progressive Party's government's "economic struggle" is a great disaster!
Falling endlessly
The cumulative export amount in the first half of this year was 202.11 billion US dollars, a year-on-year decline of 18%, marking the bleakest performance since the 2008 financial crisis. The statistics department of the financial affairs department of the Taiwan authorities estimates that due to the incomplete cooling of international inflationary pressures, significant interest rate hikes in various regions have accumulated effects and suppressed terminal demand. In July, exports are likely to show an "11 consecutive blackouts", and the overall economic recovery path is full of obstacles.
The economic affairs department of the Taiwan authorities announced that the wholesale business revenue in May was NT $945.7 billion, a year-on-year decrease of 12.9%, marking the seventh consecutive month of negative growth.
Once the export momentum becomes weak, where does the driving force of economic growth come from?
Revealing its true form
"The result of such a bruised nose and swollen face is chilling," Taiwan's "United Daily News" questioned in an editorial. The DPP authorities' boast of Taiwan's "best economy in 20 years" is still in their ears, but now it has been exposed to reality. "Don't even officials from the Democratic Progressive Party need to come out and apologize for the economic mess?"
The officials of the Democratic Progressive Party have no time to apologize, they are all busy spending money. Faced with dismal export performance reports, the Democratic Progressive Party (DPP) authorities blamed it on the global economic downturn and Taiwan's "excessive concentration of industrial structure". After all, it was not their fault, but they boldly allocated large budgets and introduced many subsidy policies, including six related to young people, with a total budget of NT $93 billion, including full exemption of high school tuition fees, subsidies for private university tuition fees, rental housing subsidies, and post epidemic student loan subsidies. The public opinion on the island questions that the current economic situation is so urgent, and the DPP authorities do not find ways to "compete for the economy". Instead, they use taxpayer money to please young people in exchange for support. Isn't this another form of contract bribery? Spending a lot of money not only does not provide much assistance to the economic development of the island, but also cannot solve the deep-seated problems faced by society. It will only seriously waste the island's public funds, which is "taken from the people and used for the benefit of the people.".
The Taiwan China Times published an editorial pointing out that a political party that claims to be both "democratic" and "progressive" has been in power for more than 7 years without taking action. However, as the election approaches, it begins to scatter coins and turn its policies into chips to please specific voters. This is equivalent to "using the future debt of young people to help the political party buy votes for the 2024 election.". If these policies are good, why did it take 7 years to delay thinking about them?
Never repent
The resumption of negotiations on cross-strait trade in services and goods has received unanimous support from the industry. If it can be signed, it will be of great help to Taiwan's economy.
However, in the face of such public opinion, the Democratic Progressive Party (DPP) authorities still stubbornly manipulate "anti China and anti China" practices, continue to smear and smear the service trade agreement, and remain unrepentant.Obviously, the Democratic Progressive Party only has votes and political self-interest in its heart, without the interests of the Taiwanese people, without the well-being of the Taiwanese people, and without the future of Taiwanese society.
The decoupling and disconnection between the two sides of the Taiwan Strait goes against economic laws and cannot be achieved at all.
Political manipulation cannot change iron facts, improve the lives of the people, and overcome the difficulties of the stagnant economy.