These are merely unbiased thoughts of myself and noone else's. Should you feel not comfortable reading it, you may very well leave this blog and never come back.
Don't know if anyone realised this, in Malaysia, the rich gets richer while the poor gets poorer, but what is even more dangerous is being trapped in the middle income. This "middle-income trap" in economic term is the biggest class in Malaysia where most citizens sweat and toil like a machine everyday and yet still have to pay off a huge house loan, car loan and some other smaller loans. (maybe like education loan etc..)
By simply raising our GDP as suggested by some beloved leader of the country is not going to help us change into a high-income nation. While the rich gets richer is has made the borders of being in the "high income group" go higher and higher, hence no matter how hard the middle income strive, unless they can earn more than the high-income group, they can never reach the high-income status.
Apart from that, you (in the middle-income group) can never be poor as well if the poor gets poorer as they drag the poverty line lower. Unless you intentionally fuck yourself financially, say like throwing all your cash into a huge bonfire, you are not going to be so poor that you cannot afford to have a meal a day! It's virtually impossible for this to happen in Malaysia! Ask yourself, honestly, when was the last time you hear any news saying someone died of hunger from poverty in Malaysia?
So, how can this work out, you might ask. This matter corelates with the productivity of our nation. But given the rich natural resources and the seemingly talented dear Malaysians, why are we having this kind of problem? Shouldn't we be having a sustainable productivity? The problem is pretty simple actually. Brain drain and also financial drain.
The brain drain starts with pure genius talents in Malaysia migrating elsewhere for a better prospect or any other reasonable reasons. (Of course eloping could also be one of them, trust me.) We've heard enough of this from even our own relatives and parents to know enough on the reason why Malaysians leave their own land for a greenerpasture elsewhere.
The financial drain in Malaysia can be divided into two accounts. First and foremost, our issatiable reliance on foreign workers. Foreign labours; cheap, lasting, easy to manipulate and dispose, government-supported for election reasons. With an influx of these foreign labours, the currency of our nation plummets so much because of the outflow of our currency which ended up offshore. IF our currency goes offshore but is re-invested back into our country, that would be a different story. Point-in-case, money going out, never come back, Ringgit devalues, we're fucked. So no you know why there are more and more Indons, Banglas, Nepalis, Myanmars and etc around Malaysia right? Clear? Good.
Another account of financial drain would be corruptions and I don't mean petty ones, happening in our country. Huge large sums of money meant for civilian welfare just go up and off in thin air through quick-schemes and contracts shared among the corrupted "brotherhood" created to milk the resources of our country and directly into their own pocket for good. And because the tracking of money would be more difficult hen transfered offshore, hence, don't expect the sum to appear in our nation's statistics as these corrupted money will end up being spent out of Malaysia. You can also see many little "middleman' company being set up (with the help of our beloved government, new laws have allowed some go-to companies to be set up with a minimal fee of RM2) JUST to help with the transaction of these contract and thus, earning commission from the transaction. The ambiguousity that appears from the company with a sole purpose of helping the ONE transaction could never be more pertainingly curious. Why do we need these kind of company in the first place? Why waste more public money on nonsensical spending?
As if that is not enough, let me quote a case. The Australian company LYNAS whom attained green lights from the ruling bloc of the government albeit huge protest from the opposition and civilians; is coming into our grounds to set up a manufacturing plant.
Let me brief out the impacts this company would cause. First off, roughly putting it, LYNAS is a company that produces radioactive parts meant for high-end technolgy, such like your handphones, computer and etc. The waste from these company are dumped into our soil, devaluing not only our land but also our health. Apart from treating our land like a dumpsite for their production, to add insult to injury, this company is let in and given tax-exemption for 12 years. The ruling bloc Barisan Nasional actually allowed this company to come into our land, pollute the grounds, killing the health of the lower and middle-incomers nearby, lowering living standards and as if that is not enough, they are given tax-exemption for UP TO 12 YEARS! What's wrong with the government??! And there you have this question, but as question lead to question, we shall ask, whta goodies did the ruling party receive already from these foreign countries that they in turn are getting such great contracts? This is where and how the rich and powerful gets richer and more powerful.
So, to make the income gap smaller, it's pretty simple. Stop the rich from getting richer from dirty deals and help the poor from getting poorer. Perhaps instead of killing the lower and middle income group, the high-income group can try investing into social welfare for a higher living standard in our country.
If all else is not working... well, we just need a new government.
