The same poop in different packaging?

It really does not require a genius to arrive at the conclusion that government spending is the biggest attribute in the worsening of the country’s debts.

COMMENT

More than 100 days have elapsed since the passing of the general election and what has Prime Minister Najib Tun Razak done, let alone achieve, for the people – NOTHING…!

Despite all the colourful and feel-good press statements released in the mainstream media, including state and crony-owned television and radio stations, about how well the economy is doing, the dark shadow of recession is looming over the whole federation.

The entire scenario will spell out in no uncertain vocabulary the naked fact that incompetent management of taxpayers’ money and institutionalised corruption will in the end bankrupt this country.

Every day we hear Najib and his ministers dishing out lame excuses to confuse the citizenry; it is a clear indication that for the remainder of his term nothing will come out productive and beneficial to the people anytime soon because even in doing the wrong things lies the fat mark of sloth and stupidity.

Like any other thing that went wrong, the shrinking economy and escalating cost of living is proving to be too complicated and convoluted for Najib’s government to understand; it really does not require a genius to arrive at the conclusion that government spending is the biggest attribute in the worsening of the country’s debts!

Because it is actually very straightforward, Najib should pursue a policy of trimming down his pot-belly administration where everyone in it is a factor as a transparent sign of substance instead of the present rhetorical distraction to cover up for his ineptness!

Even when he has no idea how to find alternative sources of funding, instead of raising the prices of fuel which will inadvertently cause the hike of everything else and burden the people, Najib should have immediately conceive reducing the size of his government as a more tactical and effective approach followed by selling all the government-linked corporations.

The two moves should save his administration billions of taxpayers’ money in unnecessary salaries to nincompoop parasites sucking the treasury dry while the latter move also releases all these GLCs to capable and productive industrialists and entrepreneurs.

It is an accepted fact that any responsible government should play a regulatory role with minimal interference instead of getting involved in business and directly competing with the citizens, and end up not only unprofitable but also hemorrhaging taxpayers’ money to maintain oversized and barren managements.

It is disastrous for the people of this country that the government of Najib is operating with a serious deficit of intelligent people who will apply common sense with practicable ideas to run his administration progressively without hurting the citizens’ financial well-being!

The writer is retired and blogs at http://legalandprudent.blogspot.com giving no quarters to anyone.