Yesterday announcement by PM on the adjustment to oil subsidy ended the speculation that the price will increase by RM 0.40...yeah, they're all wrong..instead it really shoots up to RM 0.78.
Taking into consideration that the price didn't goes up last year, one will regard this as 'revenge' by the government to people for not placing their vote on them in the recent election. The opposition will be making the announcement as a valuable capital to throw out the government (on the other hand, they're corrupted too...correct...correct)
This is really not a popular move by Pak Lah...it's not the right time to make the announcement BUT bearing in mind of food crisis or rice crisis instead, he has to do it, hasn't he?? It's true that almost everything on this earth can be made as a subject for trading now. Oil, rice, coffee...let's hope that water will not be a subject, or then we will face the Third World War.
For government staff (I don't like to call it 'government servant'), the increase in their salary should mean nothing less than a record in their service record book for now. Just wait for three days, and you'll start to hear other goods price will increase as well. Don't expect to buy 'kuih muih' 3 for RM1 during this Ramadhan, I think it will goes to RM 0.50 each...(and the restaurant on the groundfloor of KLCC gonna sell it RM 3.00 a piece)
It's sad yet annoying to look at the Malaysian culture that whenever there are increase in government staff salary and oil prices, the burden will be put back on the public, as those businessman either company or sole-proprietor do not want their profit margin to decrease, not a single cent. It's a free market maa...but nothing is really FREE.
Then, it's funny to see how other countries like Singapore managed to overcome the sore oil prices - they're reported to be at RM 5.++ per liter in thei country. Maybe their currency is high, their salaries are even higher, but I think we really have to make some study on the fix RM 3.80 per USD 1.00 which was implemented a few years back. A move which is praised to be good but there are no thorough study made on it (after all, everything announced by the PM is always considered as 'good' or 'great'). With the current economic growth of 6%-7% per year, let's start talking about Vision 2057 rather than 2020. I'll let my kids do the talking coz' I wouldn't be around then, I think...
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