What Pheu Thai’s policies mean for the people and the economy

[webfact]

 

The Pheu Thai Party’s economic platform is back in focus now that it has been tasked with the responsibility of forming the next government.

 

Pheu Thai, which has the second highest number of seats in the House of Representatives, finds itself in the driver’s seat after coalition leader Move Forward failed to get its candidate elected prime minister.

 

Populist leaning

 

In the run-up to the May 14 election, Pheu Thai’s economic policies faced criticism for being populist in order to win votes. Though the party made bold promises to hand out cash and raise the minimum wage substantially, its reform agenda is less attractive compared to the one proposed by Move Forward.

 

The most controversial Pheu Thai promise is to hand out 10,000 baht to everyone aged 16 and above as a digital wallet, which, if implemented, would cost the exchequer about 560 billion baht. The party’s executives justify the scheme, arguing that it is necessary to jump start the economy.

 

Full story: https://www.thaipbsworld.com/what-pheu-thais-policies-mean-for-the-people-and-the-economy/

 

-- © Copyright Thai PBS 2023-07-27

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

[2baht]

Two for you and one for me! 

[Pouatchee]

unfortunately, it will also mean back to jail for those caught with weed. seeing how the don, tony, will be back soon to run the show the ones of us who have been around long enough know his anti-drug mind set. shoot first ask questions later.

[edwinchester]

1 hour ago, 2baht said:

Two for you and one for me! 

In Thailand I think it's "Two for me and one for you".

[2baht]

Just now, edwinchester said:

In Thailand I think it's "Two for me and one for you".

I thought they worked on 30%? 

[khunpeer]

5 hours ago, webfact said:

 

The Pheu Thai Party’s economic platform is back in focus now that it has been tasked with the responsibility of forming the next government.

 

Pheu Thai, which has the second highest number of seats in the House of Representatives, finds itself in the driver’s seat after coalition leader Move Forward failed to get its candidate elected prime minister.

 

Populist leaning

 

In the run-up to the May 14 election, Pheu Thai’s economic policies faced criticism for being populist in order to win votes. Though the party made bold promises to hand out cash and raise the minimum wage substantially, its reform agenda is less attractive compared to the one proposed by Move Forward.

 

The most controversial Pheu Thai promise is to hand out 10,000 baht to everyone aged 16 and above as a digital wallet, which, if implemented, would cost the exchequer about 560 billion baht. The party’s executives justify the scheme, arguing that it is necessary to jump start the economy.

 

Full story: https://www.thaipbsworld.com/what-pheu-thais-policies-mean-for-the-people-and-the-economy/

 

-- © Copyright Thai PBS 2023-07-27

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

the rich get more rich while the poor more poor...

[Eric Loh]

The best GDP growth for Thailand are in the years that TRT, PPP and Pheu Thai were the government. That is a good track record. 

[MisterTee]

The Drug Warriors will be back in force to shake down, jail, or shoot dead any hapless ganja sellers or consumers they come across.

Their mindset is influenced more by their compatriots in Singapore and Malaysia than it is by any enlightened attitude to drug laws.

Stock up on primo bud and watch this repeat of local history come back as farce.

[herfiehandbag]

Pheu Thai's policies:

1) get Thaksin back

2) err, let's see what happens...