Pheu Thai should go back to maths classes

WEDNESDAY, OCTOBER 05, 2011
Pheu Thai should go back to maths classes

PM Yingluck should follow Stephen Covey's "7 Habits of Highly Effective People", one of which is "Begin with the end (goal) in mind". A prime example of her not doing so is her first-home scheme, when she changed the benefit from being a "tax deduction" t

 

This change sent the projected tax receipt loses up seven-fold to Bt12 billion, according to deputy government spokeswoman Anuttama Amornwiwat. But more importantly, Housing Business Association Issara Boonyoung noted that this change would only increase benefits to the same group of homeowners without extending them to lower-income groups. In short, PM Yingluck has not even begun to achieve her praiseworthy goal of helping the poor, yet she’s cost you and me Bt10.3 billion more than before.
I don’t expect her to be competent; after all, even her own party’s promise was, “Thaksin thinks – Phua Thai does”, not “Yingluck thinks….” But she should at least make sure that her advisers keep their project’s objective firmly in mind when they change it.
Burin Kantabutra
Bangkok