Pheu Thai fires Prayut if Biden wins election



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November 6, 2020


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For Thailand to win the referendum, it only buys time Reconciliation is not sincere, expecting ‘Biden’ to win the elections, ‘Prayut’ must resign and amend the Constitution. The reason for the US pressure on human rights

Em.Arunee kasayanon spokesmanThai feast Pheu The proposed draft bill on the referendum and the establishment of a reconciliation committee stated that The Pheu Thai Party views the proposed referendum law as a mere purchase of the government’s time. Since the amendments to the constitution have not been implemented and have not been clearly framed. The establishment of a reconciliation committee, in any form, is not neutral and has not been accepted by all parties. Even if it was created by the National Assembly, the parliament was not sincere in solving the problem because it did not establish a framework for discussion. Therefore, the possibility of solving the problem is minimal.

Therefore, if a committee is to be formed, it should be done as follows. 1. Discussions must be clearly defined. 2. Establish a period of urgency and 3. Need to solve problems that can lead to a collective agreement ”, said the spokesman for Pheu Thai.

Mr. Phao Phum Rojanasakul, Deputy Secretary General of the Pheu Thai Party Director of the Academic and Policy Center of the Pheu Thai Party Analyzes the approach to the Thai economy If the winner of the US presidential election is Joe Biden, that is if the winner is Biden The government must be prepared to face both the opportunities and the dangers that significantly affect the Thai economy. Proposing a 4-step ladder plan to deal with as follows: 1. Fighting the baht Biden uses an aggressive fiscal policy. But it will increase public investment that is more aggressive Causing the fiscal deficit to increase Causing the dollar to weaken That means stronger baht AND a very relaxed money measure Both factors contribute to the strengthening of the baht. Strongly affecting Thai exports The Bank of Thailand should take a proactive role in monetary policy. In the past, Thailand used conventional monetary measures against the unconventional form of superpower. Especially during COVID The BOT has to consider a monetary policy that is no longer only related to interests because there is little policy space left.

2. Hurry up the production chain. Covid causes the global production chain to reorganize itself. There are losers to leave. And new players have arrived. Biden’s arrival changed the format of the trade war. And relax Exports increased The golden opportunity will be for the Thai industry with a supply chain that connects Chinese products with the US and shipped directly to the US The government must compete for this gap. Because many of the players in this market have died from COVID. And it will recover quickly from the arrival of Biden. This is an opportunity that the government must seize. But if they don’t, they drop out of training

Mr. Phaopoom said 3. Hurry to take over the production base. Biden’s policy on increasing corporate taxes AND raising the minimum wage As a result, the capital and production bases will flow from the United States to emerging countries. What the government should rush to do is Accelerate the penetration of the target Accelerate the attraction of labor-intensive industries Affected by high taxes That tend to move the production bases Remember that pulling the production base cannot wait for it to come . Or even using privileges, the temptation is not enough.But you must work proactively, rush to penetrate the target and accelerate the negotiation and 4. The Prime Minister resigned to amend the constitution. Defeating America’s trade will change the pattern. From the use of taxes and benefits squeezed in the Trump era It will move to the use of “democracy, human rights, freedom” squeezed in Yud Biden. This is a major weakness of Thailand. And it will become a great excuse that the Thai economy is in trouble in the Biden era. You must eliminate weaknesses The prime minister has to resign. It must amend the constitution. It must be a real democracy.

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