Malaysia’s relatively high population growth rate will see the country remain comparatively young over the next two decades but economic growth is not expected to keep pace with population expansion, according to a report by Bank of America Merril Lynch.
Putting us in the same category as Philippines, India and Indonesia for getting younger but poorer is not a cause to celebrate.
PM Najib's economic policy has failed to outline specific and concrete steps to help revitalise the economy, create more jobs and to help enhance the salary level of employees.
The prime minister had announced some lofty targets in his newly launched 10th Malaysia Plan but it lacked the necessary mechanism and strategy to help achieve these targets.
On the NEP, his government has failed to its plan to review the policy which has failed so many Bumiputeras in the last 40 years. It is not good enough to continue with the affirmative policy if the actual target group, those who are poor and under capacity, are being helped to move up the society's ladder.
The government must be serious enough to rectify the weaknesses in the system. Otherwise, the prediction by Merril Lynch will become a reality.
It is time for politicians to understand that the mandate to rule and govern must come with full responsibility and accountability.
From now onwards, the government needs to scrutinize its own plans, action and behaviour to ensure that the people are not being victimised for their government's follies.
If not, Malaysians should choose between real change or poverty.
11 comments:
The disparity between the rich and the poor will widen in the future. The super rich will become ultra rich while the medium and low wage income earners will suffer from inflation and low wages.
As i have said before, our PeeeeeeeM can have the best economic plan in the whole world. If you have lazy, racialistic, leechlike and pea brain dickheads like those in Perkasa, Gertak and some NGOs, it will never never ever going to work. I bet my last 1/4 cent on this.
With such a high rate of population increase and the way the current bunch of greedy, corrupted and unethical politicians running the government, many many of the youngs may perhaps grown up like those dickheads i mentioned above.
God helps Bolehland.
If we have the 'like' of organisation like PERKASA & GERTAK and personality like Ibrahim Ali(the katak) and Ridzuan Tee(cina bukan cina,melayu pun tak sampai),sure our country will be doomed!
"Malaysians should choose between real change or poverty."
Perkasa has chosen poverty. UMNO has chosen poverty.
All that matters is UMNO is in power and their families' needs are taken care of and the Malays are called Tuans.
Who cares about the country.
Not only will we be " young and poor ", we shall also be exporting maids as is predicted by another foreign fund management company,
and all these within the next 20 years.
No doubt Dr. Mahathir the racist godfather of Perkasa, is looking forward towards the day he flags off the first contingent of Malaysian maids.
ON POLICY & PLAN
When it is basically more of the same
What is there really to openly gain
When overdependent on what is lame
What is there as nutrients besides the grain
(C) Samuel Goh Kim Eng - 300610
http://MotivationInMotion.blogspot.com
Wed.30th June 2010.
Cancerous Disease:- Benefit UMNO BN & Cronies first, Rakyats last & never always
Kill the cancerous disease and the patient will survive, likewise get rid of the root cause and the Nation will survive and thrive.
It does not matter what they do because whatever they do will be to no avail. Like RPK said in London, it is no good attempting to treat the symptoms because it just simply will not work. It is the cancerous disease that should be treated. So therefore as long as UMNO is in the driver seat then absolutely nothing could be done. Before anything else, UMNO will first have to line their pockets, then their families pockets, then their cronies pockets and then whatever morsels left to the selected segment of the rakyat. So how much is enough? It does not matter how much natural resources Malaysia possess for come one day these resources will eventually be exhausted. Then what?
Be like Singapore one might suggest. But do our leaders have that mentality and maturity to do so? With the present government – not by an extra mile mate!
Now the UMNO BN Rogues will bankrupt the Nation’s Coffer and cut subsidies to rob the poor and to subsidize their rich crony Tycoons so that the benefits can go back to them on demand. All the poor rakyats were having a bad deal since 53 years ago with them in power not once did they not squeeze the Rakyats with taxes after taxes now they will try to impose GST 4% on all levels that will resulted in more than 16% taxes imposed on all ordinary basics consumers’ goods from materials Suppliers, manufacturers, wholesalers to retailers. Now they are trying to cut subsidies but they are not cutting back taxes but instead increased the taxes.
Also it was discovered that they have their cronies increased the prices of foods such as vegetables and fruits included, also they have allowed their cronies to increase the prices of all basic construction materials including cement and steel to further squeeze the Rakyats’ well being of a reasonable survival in these bad times. Also, cash rich GLCs like Petronas, Felda, Sime Darby, MISC, Bank Bumiputra, Renong etc. are not spared from being fleeced and while some became History as they no longer exist today ok???
ALL MALAYSIANS IRRESPECTIVE OF RACES ARE SUFFERING THE OPPRESSIVE RULE BY THE ROGUES OF UMNO BN AND WE ARE HOPEFUL THAT THERE ARE MORE RPKS WHO DARE TO EXPOSE & BRING OUT ALL THE WRONG DOINGS OF THE CORRUPTED LEADERS OF UMNO BN TO THE KNOWLEDGE OF THE WHOLE WORLD SO THAT ALL MALAYSIAN VOTERS WILL VOTE WISELY COME GE 13 AND BRING DOWN THE CORRUPTED AND OPPRESSIVE UMNO BN GOVERNMENT SOONEST POSSIBLE FOR THE FUTURE WELL BEING OF ALL MALAYSIAN CITIZENS AS THE COUNTRY’S RESOURCES WILL SOON BE DEPLETED IN NO TIME UNDER THE WASTEFUL AND CORRUPTED UMNO OFFICIALS MIS-MANAGING THE MALAYSIAN ECONOMY.
The war that was necessary to be fought by all Malaysians is the only war against corruption by UMNO Rogues and their oppressive rule by their using Police Force as their tools to suppress dissents ok?
This is necessary so the said Govt. Coffers will not be empty when the new PR Govt. took over from them come next GE, Malaysian Voters should know what is required to throw them all out then because future generations of Malaysians will suffer great poverty after Umno BN would have bankrupted the Govt. Coffers by then if there is no CHANGE OF HANDS AFTER DECADES OF MIS-MANAGEMENT OF THE ECONOMY AND HIDING THE DAMAGED DONE BY POSTING RECOVERY STORIES AND THE OVER-GLORIFIED NEM IN THE MSM FOR SHOW ONLY, HOW TO BELIEVE THE MSM WHEN WHAT THEY TRULY DID WAS TO TELL ALL SORTS OF LIES OR DISTORTIONS FOR THE UMNO BN GOVERNMENT IN POWER WHO CONTROLLED THEIR YEARLY RENEWAL PUBLISHING LICENCES.
WHAT IS THE POINT WHEN ONLY THE PM’S BROTHER CAN SPEAK HIS MIND WITH SINCERE HONESTY AGAINST NEP BUT THE WHOLE PACKS OF UMNO BN ARE ROTTEN TO THE CORE BEYOND RECOVERY OK, AS IT IS BEYOND HIS POWER NOR OF ANY GREAT INFLUENCE TO PRESS FOR ANY CHANGES IN THE COMPLEX MIRED PROBLEMS THIS NATION HAS BECOME EVERSINCE ???
UMNO is around this country will prosper as usual
rakyat is getting smarter so is UMNo,MCA AND MIC TO A DEVELOPED NATION TRUST US.
"If no one is corrupt, no one will be poor"
"I can forgive those who wrong did me wrong but i have no right to forgive those who abuse our people"
--Noynoy, 15th President of Philippines.
What has Najib got to say about this Bank America Merril Lynch report? Is this report saying that Malaysia will not be a developed country by 2020. Is this a vote against the NEM?
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