Saturday, October 08, 2011

Budget 2012 - A Quick Analysis...

Najib has tabled his proposed budget for 2012. Having listened to his speech, my preliminary conclusion are simple....

IT IS AN ELECTION BUDGET
&
NO SOLID PLAN BENEFITING ALL MALAYSIANS
(except unproductive group of people)

Mostly focusing on the certain groups and areas towards ensuring their vote to BarangNaik. There is no solid plan to ease the cost of living and economic pressure on the people and laymen on the street other than agro-policy to increase food supplies and opening of more Kedai Rakyat 1Malaysia.
  1. Do you have the said shop in your area?
  2. Can you ensure the price is lower even the supplies are increased?

Najid is talking about giving out millions here & there, project here & there and what not. Question are....
  1. Where the money come from?
  2. Is he going to use our country's saving?

Free education fee for student. Just wait during registration of new school session next year. 1001 kind of "yurans" will be imposed. Most assistance to the certain people/groups are merely one-time-payment. Seen as a good approach to ensure their vote to BarangNaik during the election. Just like they used to do, giving promises "bulan & bintang". After election... back to square-one.

Remember
Mark my word, after the forthcoming election, lot of taxes will emerge namely GST and more subsidies will be "rationalized". This is to off-set all the "gula-gula" given to only certain people towards ensuring their votes on BarangNaik.

I am not surprise nor disappointed with this budget as I never put any hope at the first place.

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