Opinion: The 10,000 digital wallet will do more harm to the country than benefit it

[webfact]

I voted Pheu Thai and I don’t agree with their 10,000 baht digital wallet policy.

 

First of all, we all got f*cked over by this latest election and none of us is truly happy with the choices or outcomes that have followed. Move Forward Party got their win taken from them, Pheu Thai Party teamed up with the uncles.

 

I think it’s important to call out on your party of choice when they do something terrible. That’s how a democratic society works – you can keep the politicians in check and balance, you make sure that they get criticised when they mess up.

 

So, even though I voted Phue Thai this year, I have to say there are things I’m not happy about. One of them being the 10,000 baht digital wallet that they’re planning to give all of us.

 

by Choltanutkun Tun-atiruj

 

Full story: THAI ENQUIRER 2023-10-17

 

- 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.

 

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[Will B Good]

If this were viable in terms of generating a 'profit' for the nation, every nation would be doing it.

 

Having made made such a rash and stupid promise (with no detailed planning on how it would work or be funded) this is now a massive Thai face saving operation......for which Thais and expats will have to pay.

[proton]

It was a bare faced bribe for votes and should be illegal in the first place.

[OneMoreFarang]

Did any of Thaksin's politician explain the details of the 10,000 THB scheme? Especially:

Where does the money come from?

How high will be the administrative cost?

Where and for what can the money be spent?

Who (shops) can receive the money from these wallets?

What happens with wallets where the money is not or only in part spent?

How is all this regulated?

What is done to makes sure this is transparent?

 

We can be sure about one thing: Thaksin and his party wouldn't do this just because they have such a good heart. They will do it for a similar reason like the rice scam: They want more power and more money - and maybe give a poor a little to make them feel better.

[SiamAndy]

The result will unfortunately be higher inflation for Thais, Expats, and Tourists for the next few years.

[OneMoreFarang]

52 minutes ago, Will B Good said:

Having made made such a rash and stupid promise (with no detailed planning

The stupid promise was for the mostly stupid people: We give you each 10,000 THB. Vote for us!

That was the only important message before the election.

That the money has to come from somewhere and that there will be lots of administrative "cost" are little details which the masses won't think about.

Remember, about 90% of Thais don't pay income tax! It's not their money what will be spent. 

[OneMoreFarang]

1 minute ago, SiamAndy said:

The result will unfortunately be higher inflation for Thais, Expats, and Tourists for the next few years.

Wait until they increase the minimum wage to about double the current amount... 

[Gaccha]

This bribe has all the hallmarks of the tablet debacle, when every school kid was supposed to get a fantastic electronic tablet.

 

As this inevitably goes wrong, the military-industrial complex will swing into action, and use this as evidence of corruption and malfeasance by the redshirts.

 

Then when the time is right they will create astroturfed protest movements, which will lead to the 14th military coup. And return Thailand to its former 'glory'.

[2baht]

1 hour ago, webfact said:

First of all, we all got f*cked over by this latest election and none of us is truly happy with the choices or outcomes that have followed.

Makes you look pretty silly, does'nt it! ????

[Eric Loh]

41 minutes ago, proton said:

It was a bare faced bribe for votes and should be illegal in the first place.

If I recalled, PTP didn't win the election and all political parties have election pledges. MFP promised to raise wage with yearly revision, debt relief and subsidize housing loans. UTN will increase monthly grants per person and subsidies to buy goods and services. PPR offer 30,000 B to 7.5 million farming households, increase monthly grants for state welfare holders and subsidies for petrol, diesel and cooking gas. All bare face bribes and illegal? 

[Adumbration]

This is just white noise.  It is business as usual at the trough.

[pacovl46]

All the 10K wallet rally is, is a voting bribe for the poor. It's sooooooo obvious! 

[hotchilli]

It will have a zero affect on the GDP... money will be blown away in the first weekends party.

Then life will return to normal.