Thursday, September 10, 2015

Think like an economist

Well, the 2015 Budget was about to end. Usually before and after the presentation of the Budget by the Prime Minister, social media, also in coffee shops will be chaotic; everyone pretends to be an economist.(even our grandpa hihi)

quiet pleasee. economist at work :p



Because everyone wants a story about the budget, I want to talk about the budget article as well. Although as a student in public university, I think I have a right to share about Malaysian Budget.

I know ,many of us cannot wait to get  reward and incentives from the government such as Br1m or any form of subsidy. Moreover, with the implementation of the GST starting in this year(1th April 2015) and also higher oil prices, even though only 20 per cent(act not increase), but fuel subsidies were reduced.

But in terms of economic progress certainly those at higher levels wants to see new government policies such as tax or whatever it takes to drive the economy in order to compete well in the years ahead.

I'm talking such I am an experienced economist. (sheer humbug,really!)

The villagers(like me,haha) certainly need to be addressed, with higher oil prices, prices of other goods also undoubtedly be impressed. Prices of goods may be a little expensive in rural areas than in the urban areas.

Subsidies is one of the things that are often spoken of today. There are those who want a readjustment in the allocation of state subsidies, so that it is used by those who really need it.

I agree if the distribution of this subsidy is limited to only those who need only, as justice is not necessarily equal rights.

Alright. Enough for today.




KEEP CALM,AND THINK LIKE AN ECONOMIST. Tehee

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