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	<title>Comments on: A New RM 50 Billion Expansionary Economic Plan That Is Pro-Growth, Pro-Jobs And Pro-Poor To Fight The Recession And Prepare For A More Prosperous Future.</title>
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	<link>http://limguaneng.com/index.php/2008/11/30/a-new-rm-50-billion-expansionary-economic-plan-that-is-pro-growth-pro-jobs-and-pro-poor-to-fight-the-recession-and-prepare-for-a-more-prosperous-future/</link>
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		<title>By: otl</title>
		<link>http://limguaneng.com/index.php/2008/11/30/a-new-rm-50-billion-expansionary-economic-plan-that-is-pro-growth-pro-jobs-and-pro-poor-to-fight-the-recession-and-prepare-for-a-more-prosperous-future/comment-page-1/#comment-17</link>
		<dc:creator>otl</dc:creator>
		<pubDate>Tue, 02 Dec 2008 03:26:57 +0000</pubDate>
		<guid isPermaLink="false">http://limguaneng.com/?p=148#comment-17</guid>
		<description>YAB Lim,

I really very happy while reading this article, we are moving to human race, this what we should celebrate. Anyway we all are human. Not matter what we do, we must act the best benefit for human. I like the sentence of &quot;our blood is one colour&quot;. In order to move into this mission, the journey is tough but I believe one day we can achieve it. 

1. At the current stage, all the Malaysian still not really feel the pinch of global recession, but I predict soon we will have to accept the fact. 

2. I personally not very agree on the government stimulus package to boost the economy in certain way, such as when good time the businessman make money they take all the profit but while recession they request the borrowing from government, reduce borrowing cost, default in payment, retrenchment of staffs and etc. 

3. The point I support for stimulus plan is that, if we do not roll out the plan, Malaysia may face higher unemployment rate, economy will move to negative(-ve), faster foreclosure of real estate property and etc. 

4. I strongly object in subsidise of any payment in the way of bonus, petrol, water and etc. I would rather focus on purchasing power of the rakyat, why our people can not afford to spend the money? Why they need subsidise or bonus? My view if we keep on subsidise, is like a parents always give money to children even their children already have the ability to earn their own living. 

5. In order to have a strong purchasing power, we need to create a lot of jobs and business, or how to create this, the co-operation between rakyat and government should serious look into it. Malaysia have MIDA &amp; MATRADE whether they are in the capacity to perform on it? Let the rakyat to judge it. 

6. About the corporate tax cut, I think one of the reason that we can&#039;t have tax cut is we are in the deficit figure, it continue tax cut, where to take the money to pay the expenses? That day I listen to Anwar debate, he mention to increase the efficiency &amp; effectiveness, this is the best way to reduce the expenses, and indirectly can reduce the rate of corporate tax. 

7. In term of infrastructure projects such as extending transport, communications, and broadband coverage, we should fully support on it not matter in good time or bad time. We should welcome the investors who willing to invest on our infrastructure. Only with good infrastructure, then we can become more competitive. 

8. Most welcome for the free wireless, but I think the company who invest on it, need return on investment. I would rather focus on purchasing power, make everyone of us can afford to pay wireless, such as RM10/month every account. 

9. Reduce the crime rate should also a KPI for PDRM, I think rakyat do not mind to reward more to the police if they really can make a Malaysia a safe place to live. 

To make a better Malaysia, we really need to do a lot of things, is hard but let us together to over come it. Rakyat should do our part, so to the government they must also perform their work and spend wisely, as those is rakyat hard earn money.</description>
		<content:encoded><![CDATA[<p>YAB Lim,</p>
<p>I really very happy while reading this article, we are moving to human race, this what we should celebrate. Anyway we all are human. Not matter what we do, we must act the best benefit for human. I like the sentence of &#8220;our blood is one colour&#8221;. In order to move into this mission, the journey is tough but I believe one day we can achieve it. </p>
<p>1. At the current stage, all the Malaysian still not really feel the pinch of global recession, but I predict soon we will have to accept the fact. </p>
<p>2. I personally not very agree on the government stimulus package to boost the economy in certain way, such as when good time the businessman make money they take all the profit but while recession they request the borrowing from government, reduce borrowing cost, default in payment, retrenchment of staffs and etc. </p>
<p>3. The point I support for stimulus plan is that, if we do not roll out the plan, Malaysia may face higher unemployment rate, economy will move to negative(-ve), faster foreclosure of real estate property and etc. </p>
<p>4. I strongly object in subsidise of any payment in the way of bonus, petrol, water and etc. I would rather focus on purchasing power of the rakyat, why our people can not afford to spend the money? Why they need subsidise or bonus? My view if we keep on subsidise, is like a parents always give money to children even their children already have the ability to earn their own living. </p>
<p>5. In order to have a strong purchasing power, we need to create a lot of jobs and business, or how to create this, the co-operation between rakyat and government should serious look into it. Malaysia have MIDA &amp; MATRADE whether they are in the capacity to perform on it? Let the rakyat to judge it. </p>
<p>6. About the corporate tax cut, I think one of the reason that we can&#8217;t have tax cut is we are in the deficit figure, it continue tax cut, where to take the money to pay the expenses? That day I listen to Anwar debate, he mention to increase the efficiency &amp; effectiveness, this is the best way to reduce the expenses, and indirectly can reduce the rate of corporate tax. </p>
<p>7. In term of infrastructure projects such as extending transport, communications, and broadband coverage, we should fully support on it not matter in good time or bad time. We should welcome the investors who willing to invest on our infrastructure. Only with good infrastructure, then we can become more competitive. </p>
<p>8. Most welcome for the free wireless, but I think the company who invest on it, need return on investment. I would rather focus on purchasing power, make everyone of us can afford to pay wireless, such as RM10/month every account. </p>
<p>9. Reduce the crime rate should also a KPI for PDRM, I think rakyat do not mind to reward more to the police if they really can make a Malaysia a safe place to live. </p>
<p>To make a better Malaysia, we really need to do a lot of things, is hard but let us together to over come it. Rakyat should do our part, so to the government they must also perform their work and spend wisely, as those is rakyat hard earn money.</p>
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