Friday, January 23, 2009
Simply spend la
RM7billion pumped into the market to stimulate an already stagnating economy.
The federal government has ordered its ministries and agencies to start spending the money allocated..........................
RM5billion already been transferred to the operating ministries and agencies. Next week, another RM2 billion will go out announced the DPM.
'The entire amount will be in the hands of the operating ministries and agencies by then and they have to take immediate action to spend the money,' Najib said.
Okay, okay I am sure there are very sound economic reasons for this happening. But having been a Malaysian for close to 62 years I guess I am a little cynical. Why? Because when I hear such things the first thing that jumps into my mind isn't Yippee! The government is doing something to kickstart the economy. No. The thing that come to my mind is..........
Okay la, so I am being a little unfair here. But can you blame me? Look at how the whole thing has been handled. The billion Ringgit announcements have been made but I don't recall reading or hearing anything about HOW that money is going to be used to stimulate the economy. At least not in a language that I understand. Maybe I should take a crash course in economics la.
I am sure there are guidelines and systems and all. Like so much to lower interest rates and how that will benenfit the working man. Like how much will be used to save jobs. Like how much is going to spent on public infrastructure development so contractors get jobs and citizens get development. Like that la. Basically how the whole damn thing works la. In terms that every Malaysian can understand.
Can the Deputy PM please also tell us those plans? So that we cynical old baargers don't get suspicious. So that you won't lose your party and the coalition any more votes next time. So that as Malaysians we also can be proud that our government knows and is doing something RIGHT. For a change. Not much to ask of our soon-to-be Prime Minister, right?