Of Petrol Hikes and Government Payouts

As of midnight today, the Malaysian government had decided to raise the prices both RON95 and diesel by RM0.20. This, according to esteemed enlighten leader Najib Razak, will save the Government RM3.3 billion yearly. More and more Malaysians are getting more and more pissed off with the BN led government. 

Simple reason to be pissed off with the BN government:

1. Public transportation is shit. The Government has pledged RM4.4 billion (I think) to improve public transportation but nothing is seen. PEMANDU (the national drivers association led by inglorious Idris Jala) has published that the Government has met all its NKRAs or whatever the score card is with flying colours and if you look really closely, you can also see unicorns. 

2. Higher BR1M handouts. How will this help the nation? Middle income are now stuck in the trap that glorious, enlightened leader Najib Razak has promised to NOT let happen. BR1M is given to those earning less than RM3,000. How does giving higher BR1M help ease the burden of the fuel hike? 

3. More motorcyclists on the road. By increasing the price of petrol, more and more consumers will switch to riding motorbikes. Why? It uses less fuel and OMG!!!! it is cheaper to maintain. I foresee more motorcyclist deaths this year and next. 

4. Inflation. Already the people are suffering to make ends meet, especially those in the middle income group, earning above RM3,000. I foresee prices of items increasing. Prepared to pay RM2.20 for Milo Ais?

     Lets talk about single people - yes, it is a matter of adjusting their lifestyles. No more eating out very     

     often, cutting down on clubbing, cutting down on shopping. Hmmm...by cutting down, how will it help 

     lower inflation?

     Lets talk married people - education is Malaysia is still kinda shitty. Parents depend on tuition classes to 

     help their kids excel. Also, since mainly both parents work, tuition classes help keep their kids off the 

     streets and mixing with bad hats. Now, in order to provide their children the best, they will cut down on 

     spending on the non-essential items. Again, how will not spending help ease inflation?

5. Deteriorating growth prospects. Did you know that the Ringgit has dropped nearly 10% this year. BNM has cut its full-year growth forecast to 4.5 - 5%. What happens when foreign investors start pulling out?

I foresee that in the coming months, everything will rise. From food to logistics. What is running through your head now? Riots? Unrest? Military rule? 

I think that by next week, there will be some arrests to cover the small fires of unrest.