"thaksinomics" Return As Thai Junta Rethinks Revival Strategy

[cavanami]

...here we go...again!

 

"Thaksinomics" return as Thai junta rethinks revival strategy

 

http://www.trust.org/item/20150906210122-1u22i/

 

The generals battling to revive Thailand's economy have been loath to employ anything resembling populism, having lambasted their predecessors for policies they say haemorrhaged billions of dollars and left Thais saddled with record household debt.

 

But in a stark strategy shift, the military has had to bite the bullet and reopen the populist playbook of the billionaire Shinawatra family whose governments they have twice overthrown in coups.

 

The junta announced last week it would channel 136 billion baht ($3.8 billion) into getting the rural masses spending to rev-up an economy stuttering amid weak exports, falling factory output and scant retail growth...

[My Penis is hungry]

<p>Forget the Thaksin tagline</p>

<p> </p>

<p>Any government that puts money into the bottom of the economy (Opposite of Reganomics) usually is rewarded both at the polls, and economically.</p%3

[cavanami]

...but, but, but...they promised no corruption and cronyism....

[My Penis is hungry]

Your a funny man!

[cavanami]

Naaah, just hansum man...many a lady told me so it must be true

[Flashermac]

Nonsense, this has nothing to do with Thaksinomics. Thaksinomics was meant to get votes for the Shinawatra family. This is meant to help a different group remain in power. There is no similarity.

[cavanami]

The similarity is that they are playing the common people with the goal of grabbing all they can get!