Mr Abhisit said the handouts would help people on low incomes pay their bills and give them more some spending money.
The government would like to see more money circulation, but does not want people to spend lavishly, he said.
“If you want to help the nation I ask that you buy Thai goods, eat Thai food and travel in Thailand,” Mr Abhisit said. (Bangkok Post)
Speaking to reporters after launching the Bt19 billion (US$509 million) programme, the prime minister said the cheques would help stimulate the country’s economy for a better standard living for low-income earners.
“The government does not want the recipients to spend the cheque on luxury items but to spend it in a way that would be of great benefit for their lives that would in turn help boost the country’s economy through buying Thai products and holidaying in Thailand,” the premier said.
Meanwhile, Korn Chatikavanij, Finance Minister, said the cash handouts would help boost the economic growth about 0.2 per cent of the gross domestic product (GDP) and create about 80,000 jobs in line with the government’s stimulus package.
Around 10.5 million people who earn less than 15,000 baht per month and registered members of the Social Security Fund are entitled to receive the subsidies. (TNA)
It was a day of mixed reactions yesterday as close to a million people picked up their 2,000-baht cheque handouts from the government.
At City Hall, long lines of people queued from early morning to collect the money, paralysing traffic at the nearby Democracy Monument and Din So road. (Bangkok Post)
Better “standard of living” ? With 2000 THB ? When the global crisis is worsening ?
And what about the idea of the “boost to the economy” ? Even the sad clown Korn is able to calculate that 18 billions THB are equal… to 0,2 % of the country’s GDP !
What kind of liquid manure Abhisit does have into his brain ? It’s unbelievable.
And look at those pictures ! What do you see ? Africa. Desesperate people ready to queue for 6 hours to get 2000 THB. People with low income that are being told by the alleged Prime Minister that their life is about to change with those 2000 THB, that the economy of the country is going to start again, that they can pay their… bills.
Oh yeah ? And what about the month… after ? Huh ? What Abhisit will do ? What the people will do ?
Abhisit is dangerous.
I wrote right from the beginning of this circus that this “national bribe”, “one time hand out” would be dangerous, for one very simple reason : it creates high expectations.
Abhisit and all his Frankenstein government are toying with the feelings and the social reality of millions of people (fears, hopes and desesperation for many of them).
This is :
-very bad economy policy
-and insane politics
And what about this cheap nationalism ! ? “Eat thai and travel in Thailand ” ! WTF ! And is “traveling” not a luxury ?
People should get mad. Really. Now.
[and as usual, we can admire the total… fog around any government action : they don’t even know how many people can qualify for this small orgy ! It started at 8 millions, then 8,5 then 9 and now, 10,5 millions… Anyway, who cares ? ]