Never mind all the serious talk and analyses about the budget; the hard reality on the ground is something else.
Overhead at the market, one guy told a chicken seller, “I can’t afford chicken anymore; I am sticking to parippu (dhal) curry.”
Then this afternoon, I dropped by at a convenience store belonging to a popular chain to buy a set of two AAA batteries. The price tag showed RM6.50.
But the cashier said the price had just been increased to RM6.80 after the oil price increase.
He said they didn’t have time to put new tags on a few hundred items in the store, but the computer system was already using the new price and the receipt showed RM6.80.
So one round of price increases now and another when GST is introduced next year? Pensioners, retirees, and the unemployed – relying on fixed incomes or savings or worse, neither – are the hardest hit.
What are the concrete policies to narrow the wide gap between the wealthy and the poor/the struggling in this country? Instead what we have is the regressive GST and a further reduction of the corporate tax rate!
Share with us your thoughts on how the country’s economic situation and the rising cost of living is affecting you.