Curiously, no other country responding to the ongoing economic crisis has decided the best way to stimulate their economy is to hand out cash to lower middle class workers, mostly in the government sector. It might be thought that the people most in need of cash assistance would be the very poor or the newly unemployed, both of which classes of people would certainly cash the cheques and spend the money in short order. Those in the category of ‘salary not more than 15,000 baht per month,’ might be considered lower middle class at worst. The money (approximately $428 per month) may not seem a great deal but it is rather higher than the minimum wage (c. $150 per month with variations) and it is likely that many in this category (especially those in multiple wage-earning households) will prefer to save the money rather than spend it immediately.
Nevertheless, the Abhisit regime has decided on a second round of handouts to these people (they are also, of course, the sectors from which the Democrats would need to win votes if they were actually to be elected). Government spokesperson Pluettichai Damrongratana seemed to have little idea to what extent the previous handout had actually made any difference – he claimed that 96% of the previously distributed cheques had been cashed at a bank and claimed that meant the money had been circulated in the economy – of course it means no such thing.
As for other measures, they seem to be long on tedious administrivia and short on actual specifics – the government has, for example, decided to monitor results and compare them with the initial objectives – well, it needs no ghost come from hell to tell us this.