Tomorrow, the Government is expected to announce some so-called rationalization measures which basically means reducing subsidies and passing the burden to consumers. The task of trying to explain this very simple concept falls on Nor Mohamad Yakcop. But no matter how well this seasoned campaigner performs this task tomorrow, there will be complaints. Unhappiness. Perhaps even anger.
Yes, we all accept that we are living on subsidies. Handouts. Tongkats. And we are all ashamed of this fact. Still, why cut subsidies now, right? More and more people are asking that question. Even those in the government. It is election year, ehat? Cut subsidies when the government has succeeded in cutting its own inefficient spending, etc etc. blah blah.
Anything to continue getting subsidized.
I agree that subsidies must be reduced and eventually we must do without them if we are to become that high-income, developed nation.
But we are not there yet. Najib Razak's own New Economic Model, which he introduced at the start if his premiership, admits that there are still too many in the lower income group.
Forty percent of wage earners in the urban areas are in this category. They still need help. A tongkat. Some handouts now and then would help.
So tomorrow, the only way the Government's subsidies rationalization measures are going to work well is if they take into consideration the bottom 40 per cent.
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