Friday, November 06, 2020

Syed Saddiq's wishlist, random Budget thots, and the precious option that Lim Guan Eng had destroyed

BSC, 6 Nov: I decided, when he broke away from Dr M's safety harness to form his own party, that Syed Saddiq Syed Abdul Rahman was not the fool his detractors had made him out to be. His latest words on the move to allow only 80 MPs into Parliament from today - MPs not paid to sit in front of TVB, says Syed Saddiq of Dewan limit - has just reinforced my renewed view of this young man.

MUDA's wishlist for the Budget 2021, which will be tabled this afternoon, makes perfect sense, too. I hope, for this government's sake, that Finance Minister Tengku Zafrul is going to be extra generous with most if not all those items.

Now, all that's left is for Syed Saddiq to keep his head on his shoulders and stay away from drama.

p.s. Re Budget 2021. Quotes from some of my own not-so-muda sources:

"There are very limited options available for the Government. They have used all the options available since the Covid pandemic started in March. For now revenues are declining and debts increasing. The only answer is to continue borrowing to keep the economy moving. To try and find any other means of increasing the government's coffer is tough. GST was a good system but Lim Guan Eng had destroyed that." 

"I don't expect to be disappointed by the Budget simply because there is no room for Zafrul to disappoint. If he does - like not extending the moratorium, not giving loads to the B40 and rewarding the front liners, and these are just the basics - this government will go sooner than later (AND this is one government that wants to stay in power badly!). Question is, how does he plan to fire up the economy given the limitations. Zafrul said in one interview he planned to defy Econs 101. Interesting to me because Zafrul is not known to be defiant."

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