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Hsieh says Ma's policies crippled Taipei economy

Hsieh says Ma's policies crippled Taipei economy

Ruling Democratic Progressive Party presidential candidate Franks Hsieh yesterday blasted his opponent Ma Ying-jeou's economy policies, saying that Ma's bad policies has turned Taipei City into a hopeless place for the younger generation, and urged voters not to support Ma's party, the Kuomintang, in the upcoming major elections.
During a campaign stop for the DPP's legislative candidate Sandy Yen in Chiayi, Hsieh said the surging real estate prices in Taipei City and the loss of 100,000 residents from the city during Ma's tenure as mayor of the capital were best examples of Ma's failed economy policies.
"Ma used to say 'Taipei City's housing prices are far higher than those in central and southern Taiwan, which means that Taipei City's economy is the best.' Ma's logic is wrong. Think about it, how can a young couple who make NT$50,000 each buy a regular NT$15 million apartment in Taipei City even if they have worked for 20 years?" Hsieh asked, adding that Taipei City is a hopeless city for the young people under Ma's rule.
He noted that during the eight years when Ma was mayor of Taipei City, the population decreased by 100,000 people because many chose to move to Taipei County or Taoyuan County to buy their houses given that real estate prices in the city were so high. "Ma's claim that 'Taipei City is a heaven' is a lie. If Ma were elected president of Taiwan, many would have to find their jobs outside the country. Ma's economy policies are full of mistakes, and they are also the most barbarian policies of capitalism," Hsieh said.
The presidential hopeful went on to say Ma did not carry out many renovation or redevelopment plans during his tenure, which left a lot of chances for businessmen to raise the housing market price in the city since many old lands or houses could not be released for reuse.
Hsieh added that on the other hand, his "well-being economy" policies focus more on taking care of the less privileged groups, such as people living in central and southern Taiwan, people with less financial income, and small- and medium-sized companies, so that the younger generation will have hopes for their future lives in Taiwan.
He called on voters to use their ballots to say no to the KMT in the upcoming legislative election, and give justice to the majority of Taiwan's people.
Hsieh also urged Chiayi voters to support Yen so that Chiayi can be restored to its original political state, which was filled with democratic glories.