Poor in Thailand
The richest 1% of Thais own 58% of the nation’s wealth. Enough injustice, reduce that gap, give the poor a chance to climb that ladder. Give them hope in that shady future. Thai laws, policies and in-between are for the Elites to get richer with no regard to these crushed poor. It breaks my heart to see children sleep in Bangkok streets. Being poor in Thailand is brutal, no food, no education, no future, no help from the government. Oh my Buddha have mercy!
The powerful Thai police has nothing better to do but harassing the hard working neglected poor who are trying hard to make ends meet.
Why Thailand! These poor people are not considered Human in your wealthy eyes, they don’t exist, they are invisible! Enough injustice!
The flowers, the selfies and the show off are more important than feeding a hungry child. What a selfish, pathetic society.
Share your wealth, let them have a small piece of the pie, greedy!
Thaksin’s Help for the Poor
The populist polices of Prime Minister Thaksin Shinawatra (2001-2006) redistributed wealth to the rural poor his primarily supporters, namely through cheap health care, credit and gifts of milk and rice. He initiated a three-year support program for farmers and provided low-interest loaned to poor villages, His policies made him popular with the poor who had felt ignored in the past. This angered the military, the elite, royalists, the middle class and people living in the Bangkok area who felt he was sacrificing future growth.
After he became prime minister Thaksin quickly delivered on his promise of health care for only 30 Bhat (less than $1). He also helped the rural poor with a $2 billion Village Fund that gave $25,000 each to Thailand’s 77,000 villages and small towns to fund low-cost loans to villagers. Local committees were allowed to lend money to villagers as they saw fit. Villages that had success with the program were allowed to upgrade the fund to a minibank in which they took in savings as well as gave out loans. Money was also dished out for infrastructure projects like roads and irrigation systems A three-year moratorium froze $1.6 billion in farm debt.
Thaksin proposed granting certificates of assets, including real estate and other possessions, to villagers which they could use as collateral for bank loans. Some villagers were given $4,000 concrete homes for which they paid $13 a month. Others got grants for school uniforms and textbooks. One woman in the impoverished northeast who increased her income 10-fold by growing organic mushrooms with a soft loan from the government told AP, “He took care of us poor people first and foremost . Before there was no one who looked out us.”
Some of the money was wisely invested and put to good use in starting up and expanding small businesses. Some was treated like a cookie jar to pay off debts and buy stuff that otherwise would have been bought with money earned from working. There reports of local leaders lacking the business skills to properly manage the money and people using the money to buy cell phones in places that didn’t have signals. There were also worries that much of the growth was fueled by artificially low interest rates and poorly-thought-out public spending and this could fuel inflation and leave people badly indebted if interest rates rose. Some described Thaksin’s economic policies as the“Thaitanic”