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PR can forget any saving from the corruprion and rent-seeking tenders if Lim Guan Eng style is followed

PopulistPolicy

The only area where PR can squeeze money without tax increase, reducing subsidies and issuing government bonds is corruption and public tenders.

TRUE open tender in the public projects like in Singapore will save billions public fund (estimated from 10 billion to 20 billion) each year.

This option is unlikely with the same corruption and rent seeking practices are still prevalent in the PR state governments like in Penang and Kedah.

Many people are hoping PR new federal government will take anti-corruption a first priority will be disappointed judging from how Penang and Kedah run its government.

Open tender only implemented half-hearted in Penang, the rest of PR state government is doing old business like BN government.

Malaysia will be another Taiwan where two parties contested offer no hope to her people, both are suck.

Populist policy may burden people financially: academician
News 2013-04-02 14:27

KUALA LUMPUR, April 2 (Bernama) — A manifesto that is full of populist promises such as free toll, free education and lower petrol prices will lead to tax increase, reducing subsidies and issuing government bonds, said a Japan-based Malaysian academician.

Shobi University Associate Professor Chong Fatt Seng said the manifesto with such promises would only burden people financially as it was not supported by a strong strategic policy on how to generate money and revenue for the country.

“It will be dangerous for Malaysians to choose a government by not thinking carefully and merely accepting the smaller aspects of the manifesto, and get convinced that populist promises will raise their quality of life.

“Malaysians should look at the wider perspectives of government policies before deciding on their next government.

“Rather than following their emotions, they need to focus on what the government has done like implementing sound economic policies and the transformation programmes,” Chong told Bernama after being interviewed on Bernama’s Radio24 at Wisma Bernama, here, last night.

Chong, who has been residing in Japan for 21 years, commented that there was no policy more superior than the Economic Transformation Programme (ETP) as the programme aimed to increase people’s income and boost the country’s economy.

“The consistent and well-planned ETP by the government has and will lead the country to achieving higher gross domestic product (GDP) at five to six per cent.

“This is will help Malaysia’s economic growth, achieve its Vision 2020 and its strategic plan to turn itself into a high-income nation,” he noted.

Sharing Japan’s three years and three months’ experience under the opposition, the Democratic Party of Japan (DPJ), Chong said populist promises of free tolls had led to poor maintenance of highways, high traffic volumes and increase in accidents in Japan.

“When the Japanese demanded DPJ to fulfil its manifesto promises, the citizens were asked to wait for a few years before it could implement the promises.

“This shows that a manifesto is a good tool for politicians to convince the people. But it is not easy to fulfil as people’s expectations are high and would not believe promises easily,” he said.

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