Lee Jae-Myung's 20 Trillion Won+ Supplementary Budget: Free Money, Don't Worry and Be Happy

• One of the major policies that Lee Jae-Myung's new administration is likely to push through is the 20 trillion won (US$15 billion)+ supplementary budget.

• The aim of this policy is to revive the sluggish domestic economy. It is a classic "spend first, worry later" government policy.

• The supplementary budget is basically sacrificing the balance sheet of the entire South Korea at the expense of short term economic stimulus which may have just limited impact.

Bobby McFerrin - Don't Worry Be Happy music video (Source: Youtube)