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Jul 10, 2008

38% of households struggling to make ends meet

aninetto | ........ If you assume that families earning below RM2,000/month are having a really tough time making ends meet, then 38 per cent of all families are in that predicament.

If we take RM3,000 as the threshold for those who are barely coping, then that makes it more than 50 per cent of Malaysian families who are going through lean times.

This is the real problem in Malaysia today - not the inter-ethnic income disparities.

And the government still doesn’t want to heed the MTUC’s call for a minimum wage of RM900/month and a cost of living adjustment of RM300?

After nearly 40 years of fairly rapid FDI-driven economic growth and over 20 years of neo-liberal policies, to what extent has the quality of life for families really improved - even with more than one person in the household working or the breadwinner taking up an extra job? Instead, we have a vast gulf between the rich and the poor, as a sense of disillusionment sets in. This partly explains why the BN did badly at the polls.

Now the question is what kind of solutions can the PR offer if they come to power to tackle such structural disparities - apart from the urban-rural poverty gap? Will eradication of corruption alone solve the problem - or is the problem a more deep-rooted structural one?... selanjutnya.


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