Some say it is too hasty. It's as though there was no consideration for the plight of the people. The disruptive impact on the economy seemed not even pondered.
The country can afford to give subsidy. If price increase need be done, it could have been done gradually. The rising oil price is not just after the GE but have been happening for two years.
Unlike the handling of the currency crisis in 1997/98, the Government did not exhaust all avenues to avoid the pain on the people. The Government seemed to not make an extra mile to creatively address the problem. Together with the oil hike, electricity tariff hike was also announced.
Don't try to downplay like what TV3 did to say oil increases happened during the last administration. The Finance Minister did not handle the situation and intentionally delayed marginal increases for sake of politics!
The long and short of it, everyone is unhappy.
A DAP led small protest at Jalan Pasar was held yesterday. Malaysia Insider reported:
"Despite the small number of actual protestors, they managed to attract a large number of curious onlookers from among the business owners and passers-by thronging the vicinity, which clogged up the narrow but popular thoroughfare."
One on-looker reportedly commented, "We never said they (the government) shouldn't increase the price. We're a civilised society so don't tell us stories. You inform the people, they understand. Don't create a panic."
Remiser Kumar said "that what the Government had done by its last-minute announcement was create a panic buying situation last night as economic-minded Malaysians rushed out to buy the last of the "cheap" petrol".
Still no clear from pressure for a disciplinary enquiry on im, Mukhriz holds no barred. On Astro Awani, Mukhriz said below:
He complained how could the surprise hike be done in such quantum and without much consultation with many parties to reduce it's devastating impact.
This are the reactions that Dato Ahmad Talib gathered from the street:
* Kerajaan kita tak berhati perut!Disruptive
* Tak boleh buat beransur-ansur kah?
* Saya pakai kereta Perodua Kancil. Kenaikkan ini menjejaskan hidup saya
* Kalau macam ni, macam mana nak pergi cuti dan jalan-jalan cari makan* What! They think we are millionaires ah!
* I regret voting the Barisan Nasional and put them back into power
* Is this how they return our faith and trust?
* BN menang pilihanraya, rakyat menderita
* Memang betullah orang kata BN tu maknya Barang Naik!
* Kalau ya pun nak naikkan harga, takkan tak boleh buat berperingkat
* Dahlah naikkan harga minyak, RTM pula cuba nak bagi hati kita sedap tetapi mereka tak ikhlas
* Tak boleh pakailah dia ni!
* Kita kena ajar BN di pemilihan akan datang
* Menteri memang mudah cakap, tetapi kita rakyat biasa yang bisa
* Dengan cara macam ni BN harap nak kembali berkuasa di Pulau Pinang, Kedah, Perak dan Selangor? Pergi jalan dah!
* Kerajaan dah bayangkan nak naik harga, tetapi tak sangka sampai begini!
* Apa dah jadi?
In his blog that attracted comments more than 600 already to-date, Dr Mahathir said:
The cost of living must go up. Put another way, there will be inflation and the standard of living will go down.When Tun mentioned the currency crisis, the action by Government, from the day Abdullah became Prime Minister till to-date, turn subservient to revert back to the International Monetary Fund (IMF) crisis prescription.
Obviously our increase in petrol price is far less than in the United Kingdom or the United States. But our per capita income is about one-third of theirs. In purchasing power terms our increase is more than in the UK or the US.
The increase hurts but the pain is greater not just because of the increase percentage-wise is higher than in developed countries but because of the manner the increase is made.
The thrust of Datin Dr Wan Azizah critcism of the Prime Minister was his inability to manage the economy.
Malaysia Insider reported her view that "the government could have lowered the pump price if it taxed profits made by oil companies". Furthermore, "the cost of exploration by oil companies was US$30 but the price of crude oil per barrel was US$130".
The Government should not have made comparison with Thailand and Singapore but with The Emirates where pump prices is at RM1.19 to Malaysia's RM2.30.
It seems political consideration was least in the Cabinet's discussion and much concern were on availability of fund to finance development.
The big story on Abdullah's development plan is no more RMK 9, the magic wand that was promoted with such pomp and pageanty that it could solve all economic woes, but the economic corridors.
With questionable issues shrouding the economic corridors, particularly WPI and NCER, how will Government answer allegation that the people are squeezed poor for the sake of some quick buck artistes? Isn't the road to instant richness lead to Khairy and his Tingkat 4 friends?
Will rebate solve the woes? Is it not till August? Why are foreigners now allowed back to buy our subsidized oil? Or we wait for another flip flop?
Just quit and leave for Perth, will you Pak Lah?