With the recent fuel hike, it looks like CASH is KING when it comes to filling up the tank.
The Petroleum Dealers' Association of Malaysia (PDAM) has directed some 3,500 of its members to stop accepting credit and fleet cards
for refueling pending an outcome of their meeting with the government on the issue of fuel commission.
Muggers and snatch thieves will now have more reason to stake out petrol stations. Did anyone consider this?
In The SUN
today, it was reported that if you earn less than RM2,000 a month, you are considered a low-income earner.
Minister in the Prime Minister's Department Tan Sri Amirsham A. Aziz said in reply to an oral question from Tan Sri Khalid Ibrahim, this definition of low-income would be adjusted from time to time to take the inflation rate into account.
And tellingly, if the poverty line
is raised from the current RM800 to RM1,500 per household, it would push to country's poverty rate from 3.7% to 24.3%
What does this tell us?
So many households are struggling to keep afloat because a major portion of their income goes into servicing their car and housing loans. It is indeed a poor family that has to survive on RM2,000 a month in an urban area, let alone RM1,500 or less!
No wonder there's so much anger. If you can no longer use your credit cards to even pay for petrol, it is just a matter of time before the anger boils over.
This is not just about the have-nots and the barely-haves who are trying to keep afloat. Even those with plenty in their pockets are feeling disgusted as this country is regressing instead of progressing towards being a developed nation by 2020.
Now, it seems like a joke, doesn't it, the Vision 2020?
Should we pray instead that by 2020, we won't actually end up like some of our neighbours whose university graduates had to go overseas to work as maids to put food on the table?
Labels: Economics, Money matters, Social ills