Our Prime Minister says we can be a develop nation by 2020! Unfortunately we will probably go bankrupt by 2019!

Last Thursday (27May 2010) The Star reported that Malaysia will be bankrupt by 2019 if it does not cut subsidies and rein in borrowings, said Minister in the Prime Minister’s Department Datuk Seri Idris Jala on Thursday.

BUT!!!

3 days later Our Prime Minister says that Malaysia can be a developed nation by 2020, if the country registers a continuous six per cent annual growth.

Oh wow! This means that our Country will be a develop, bankrupt nation in 10 years time!

To be fair to the PM, he did say that...

"To achieve this goal, we need to enhance economic growth. We must achieve the six per cent annual growth and God willing, by 2020, we can achieve the status of a developed nation,” he said at the closing ceremony of the Bumiputera Economic Congress: New Economic Model 2010, here yesterday.

I wonder what Najib means by "developed nation"?

Instead of just looking at the GDP figures, the govt should actually look at things such as...

1. Distribution of wealth
2. Quality of Education
3. Standard/Quality of Living
4. Government Department Service Standard.
5. Medical Care
6. Minimum Wage rate
7. Welfare Support
8. Freedom of Religion/Speech
9. Cost of living
10. Quality of basic utilities and services (such as roads, telekom/TM, and etc.)

And so much more!!

Lets be honest! If the PM were to evaluate a develop nation status base on those requirements, I don't think we are anywhere near develop status!!

I think the scary question should be what happen to all our money??

Malaysia is a very bless country with a lot of natural resource such as petroleum, rubber, tin, oil palm, and etc!

BUT!

Idris Jala reported that Malaysia's debt has increased steadily from RM 90 bill in 1997 to over 407 in 2010

That's RM317billion in 13 years!

This means that the government has spend and average of RM24.35billion more than their income every year for the past 13 years!!!

I wonder what was Malaysia's income figures like over the past 13 years!
Was that during an economic boom period??

Oh man! And now the govt wants us normal Malaysian to pay for their mistakes!

I guess what makes me most mad at is when I read reports like...
1. Auditor General reported that the govt paid RM5700 for a CAR JACK worth RM50!

2. Or our PM spending 3.7billion on a submarine. (that does not work!)

3. Or our PM simply promising people money with out proper consultation or budgeting!

4. Or the new Istana negara worth RM1.1billion

5. How our politician have looted Malaysia or RM100billion!

May God have mercy upon us and remove all corrupt government leaders from their position!!