Lately, officials have been stretching the definition of ‘subsidies’ and playing around with words – which is why Idris Jala’s figure for total ‘subsidies’ last year (RM74 billion) is vastly different from the Treasury’s (RM18.8 billion).
We are now told that a lot of the regular government spending on essential services for the people (which is the responsibility of any decent government and funded by taxpayers’ money) are ‘subsidies’ which distort the market, blah-blah-blah.
Okay, you want to talk about subsidies, let’s talk about subsidies… Continue reading »