We are sure readers recall when Thaksin Shinawatra was damned as a “populist.” And then there was Yingluck Shinawatra. When she campaigned in Thailand’s last completed election in 2011, she was also labeled a populist and was prosecuted for one of the policies she took to the electorate. Anti-populism has been a pillar of anti-Thaksinism.
When the military junta seized power, there is a plan to outlaw “populist” policies. That anti-populism soon became an embrace of the policies that the junta had previously damned. This turn to economic policies previously damned was an effort to claw back political ground from the Shinawatra clan, led by Thaksin turncoat Somkid Jatusripitak.
Not surprisingly, it was Somkid who was behind the manufacture of the Palang Pracharat Party as the junta’s devil party.
Now, desperate to gain the electoral traction it has been lacking, Palang Pracharath has released a range of so-called populist policies, apparently hurriedly concocted in recent days.
Increasing the minimum wage by a third, cutting income tax (including for the wealthiest), raising the graduate minimum wage 10% and waving their income tax for 5 years, loans and exemptions for businesses, and promised guaranteed minimum prices for six crops.
Remember Yingluck’s travails for her rice pledging policy?
Palang Pracharath deputy party leader Suvit Maesincee said “Pracha Rath state welfare cards would be given to more people, from 14.5 million low-income earners currently.” He added that “[d]ebt suspension will be allowed for village funds and more funds will be added.” And he promised a welfare state to “take care of children from womb to old age…”.
Can the junta/Palang Pracharath afford these promises when it is already running a substantial “fiscal deficit of 450 billion baht…”? The Bangkok Post notes that the regime has abandoned “plans to balance the budget within the next few years…”.
Sounding Thaksinesque, Palang Pracharath’s Uttama Savanayana declared: “Thais shall be rich in peace, happiness and hope…”.
Even more Thaksin-like were the measures proposed to fund “Thais being rich.” The measures for making administration more efficient are exactly those used by Thaksin and Thai Rak Thai back in 2001-06.
Policy plagiarism has been a hallmark of the junta. It continues. The only “original” contribution by Palang Pracharath/junta is to promise “order.”
The Palang Pracharath/junta twin is banking on voters being “uneducate” and that by offering Thaksinesque policies that they can lure pro-Thaksin voters to support a failing junta party.
Update: Less than a day after his devil party released the policies discussed above, The Dictator has “issued a statement saying all governments must abide by financial discipline and good governance.” Maybe he should have thought about that several years ago before his own government began its vote-buying splurges. Or maybe before his party promised to extend the splurge further.