The rich get richer, the poor get poorer

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The rich get richer, the poor get poorer

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The poor are getting poorer, while the rich are getting richer due to the government’s policy approach to welfare and social enterprise, according to academics who presented at a seminar on civil state policy held at Thammasat University yesterday. Official statistics show a trend in which the rich tend to get more benefit from the government’s policies than the poor, which is in sharp contrast to the policy’s intent to fight poverty, said Decharut Sukkumnoed, an economics professor at Kasetsart University. Decharut cited statistics from Office of the National Economics and Social Development Board, which indicated that the number of people below the poverty line increased by nearly 20 per cent in 2015-2016.

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The rich get richer, the poor get poorer

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