No, Not the NEP (or Goodbye, Subsidy). Whether we like it or not, we Malaysians have been walking around with a big, big tongkat in each of our hands in the form of various kinds of subsidies given by this Government. Last year alone the Government spent RM74 billion to subsidize us. That works out to nearly RM13,000 for every Malaysian household, regardless of race, religion, and political belief. We are one of the most - if not the most - subsidized nations on Earth: subsidy expenditure as a percentage of nominal gross domestic product (GDP) between 2006 and 2009 is a staggering 11 per cent, about 3 times higher than the Philippines and 55 times more than Switzerland!
The Government is taking away that tongkat from all of us, starting right about now.Bukan main-main punya!
Pic is of The Malay Mail front page, today's edition, hitting the streets about NOW!