The economy is sick and pills won't do - News Summed Up

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The economy is sick and pills won't do


The economy is sick and pills won't doA mannequin wearing a T-shirt that says 'Settakij Dee Dee', which means 'good economy' in English. Simple mathematics says that 12% of GDP spending on cash handouts, project investments and soft loans should bring negative GDP growth to a robust positive one. If things turn sour like a second wave of outbreak, GDP growth could easily take another nose dive. When the 1 trillion baht package is not enough to stop GDP from falling, why not double that amount to 2 trillion baht or even triple to 3 trillion baht. Therefore, 40% of GDP stimulus package is recommended for president Roosevelt.


Source: Bangkok Post July 01, 2020 22:18 UTC



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