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I agree with this letter from malaysiakini that opposes the complication of petrol pricing for motorists so that the RM40billion subsidy will be reduced by making rich motorists pay more.
This is trying to control the economy at the micro level and will be difficult to implement as millions of transactions are involved.
We are know that any government is always very poor at cost control and Malaysia is no execption. I remember in the 70s there was an excellent documentary on the late Milton Friedman's work called "Free to Choose" and the basic lesson is that governments should be given only the smallest role in business and it is a major source of waste.
Even without looking at the jobs analysis, the Malaysian civil service is BLOATED with unproductive employees and too many Ministers compared to other countries.
Perhaps the proposed controls for the fuel subsidies will provide them something to do?
PS. MalaysiaWatch has has reached the 100,000 visitors mark. Hope you return often. Have a nice day!
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