Monday, June 9, 2008

Measures Suggested After Price Hike

Government suggested few measures of curbing the inflation after fuel price hike. But to what extend these measures will work? Are they seriously look into the aftermath effect of fuel price increased?

For them to suggest to cut government's entertainment by 10%, limited their surveying trip to neighbouring countries, or locals and others is just nonsense, and these will not help us at all. Transport minister says there's studies on whether to scrapped off the yearly roadtax for all private vehicles, which I think isn't helping at all, not to say nonsense.

How much general person pay for the road tax? RM70 or RM90 per annum. That amount isn't enough to fill up one full tank of petrol. So how could this help? It's more and more obvious this imcompetent government is running out of idea and they don't even know what they are doing right now. All they know and care about is how to make people pay more and reduce their subsidies in petrol and others.

They only care for themselve, and it is even more stupid and senseless for someone to suggest prices for other items would remain and only fuel price and electricity increase. As to what level of IQ this person is I wouldn't want to comment, but certainly this person is in the bracket of very low! For people like me, an economic illiterate would know fuel and electricity is a must for all industries, and especially fuel is related to all other industries. Transportation, deliveries, daily consumes, etc. When fuel price increases, delivery charge increases. Then it would come down to business operators. Follow on and on, and in the end it's down to consumers. So how non-related could fuel and electricity prices to others?

For now I think it is better for the useless corrupted government, incompetent PM Bodohwi and its cabinet to just shut up and do nothing would pleased most people than trying to suggesting some irrelevant things. This will at least calm the public down because whatever they said would fuel up the public's emotions, because we all have a higher level of IQ and EQ than them.

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