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Minimum Daily Wage: Nationwide Extension Spark Concerns


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Posted

I'm slightly confused here.

"The democrats have been known to "pimp their ride" with populist promises before election time"

followed by a few things the Democrats led government did. Does that mean the Democrats fulfilled their campaign promises? That's unfair, even under Thai rules, And look at the long list of items, not a single one seems to be aimed at deserving people

"the government issued a number of freebies – some are extensions of what previous governments did, including free 15-year schooling (up from 12 years), extending free medical insurance, free electricity for the first 90 units, free water for the first 30 units, free rides on public buses for certain routes, and a THB500 monthly assistance for the elderly aged over 60.............."

Shame on them. Didn't they know Thailand needs multi-billion Baht projects which are easier for the 35% rule? What were they thinking? I can only hope the current government which is truly endorse by the electorate has cancelled all these freebies which only seem to benefit poor people, old people, school going children, but not the people who choose them with an overwhelming mandate, the people who want 'Thaksin thinks, Pheu Thai acts' in a nicely, flowing down the river way as well!

No need to be confused rubl, all you needed to do was read the link provided. If you had read the link you would have understood that the dems were going well down the populism route but as usual you're in denial,

... end removed

In a discussion on how well the current government delivered on election promises you came up with an article which seems to show the previous government promised while in office and delivered (as far as possible till the new elections). Measurement to help the population in a structured manner as one would expect from a government.

Now you may like to complain about the costs, but even if those 'populist' measures cost THB 100 billion instead of THB 2 billion, it still shines nicely in the face of the curret governments grandiose plans like THB 350 billion on rice price pledging which helped lots of rich people getting richer, but didn't do much for small farmers apart from increasing the domestic price for rice which directly eats into the daily minimum wage increase most didn't didn't even get yet. Structural approach to help? Oh yes, corporate tax decreased almost on day zero, helping those companies who do pay corporate tax, the needy big ones. bah.gif

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If anyone runs a business where a minimum wage increase represents a 15 percent increase in cost all they can do is tread water quicker.!

Would love to hear any examples anecdotes from the real world.

Posted

I'm slightly confused here.

"The democrats have been known to "pimp their ride" with populist promises before election time"

followed by a few things the Democrats led government did. Does that mean the Democrats fulfilled their campaign promises? That's unfair, even under Thai rules, And look at the long list of items, not a single one seems to be aimed at deserving people

"the government issued a number of freebies some are extensions of what previous governments did, including free 15-year schooling (up from 12 years), extending free medical insurance, free electricity for the first 90 units, free water for the first 30 units, free rides on public buses for certain routes, and a THB500 monthly assistance for the elderly aged over 60.............."

Shame on them. Didn't they know Thailand needs multi-billion Baht projects which are easier for the 35% rule? What were they thinking? I can only hope the current government which is truly endorse by the electorate has cancelled all these freebies which only seem to benefit poor people, old people, school going children, but not the people who choose them with an overwhelming mandate, the people who want 'Thaksin thinks, Pheu Thai acts' in a nicely, flowing down the river way as well!

No need to be confused rubl, all you needed to do was read the link provided. If you had read the link you would have understood that the dems were going well down the populism route but as usual you're in denial,

... end removed

In a discussion on how well the current government delivered on election promises you came up with an article which seems to show the previous government promised while in office and delivered (as far as possible till the new elections). Measurement to help the population in a structured manner as one would expect from a government.

Now you may like to complain about the costs, but even if those 'populist' measures cost THB 100 billion instead of THB 2 billion, it still shines nicely in the face of the curret governments grandiose plans like THB 350 billion on rice price pledging which helped lots of rich people getting richer, but didn't do much for small farmers apart from increasing the domestic price for rice which directly eats into the daily minimum wage increase most didn't didn't even get yet. Structural approach to help? Oh yes, corporate tax decreased almost on day zero, helping those companies who do pay corporate tax, the needy big ones. bah.gif

Phi Phi Don. If you could award rewards for the satisfactory delivery of key PTP policies, where would they go?
Posted
"There is a wide misunderstanding that the hike will result in a 40-per-cent rise in production costs, but the figure is more likely to be 15 per cent on average," he said.

So, that why the gentleman spoke of 'be beneficial to the economy in the long run', although I'm not sure about 'will help stimulate consumption of domestic products'.

Somehow the Chula prof. seems to suggest we only have to look forward to a minor 15% price increase of locally produced products

I think that maybe he is being paid to much and is out of touch with reality to think a 15% price increase plus a unemployment rise is no big deal

Cut his wages in half and he will sing a different tune.

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