Monday, October 17, 2011

Malaysia’s middle class — The New Poor

Assalamualaikum WBT.

Korang baca la artikel ni. Sangat bagus. Some of the quotes

"First, how did we come to an alarming situation where 55 per cent of Malaysian households earn less than RM3000 per month?"

"How “transformational” is a RM500 handout going to lift these households out of their current income trap?"

"Aside from all the other one-time off cash gifts to students; civil servants; pensioners; the budget is most glaring in its almost non-existent plan to improve the livelihoods of Malaysia’s middle class."

Thanks to Aini Fairus for the tips :)