Thursday, February 3, 2011

Rising Prices in 2011

PAS president Abdul Hadi Awang offers his Lunar New Year greetings:
But his New Year message particularly this paragraph is cautionary in tone: “We are now faced with economic hardships that have resulted in rising prices of essential items. Celebrating the New Year, the Chinese are not exempt from this situation. Such a critical condition of the economy is overshadowed by announcements and promises by those in power, pledging a good economic environment, while at the same time the people's needs are continuously sidelined by power abuse and other forms of corruption” (Harakah Daily, posted February 02, 2011)

As we celebrate the Lunar New Year, it is pertinent to mention here that the cost of living has reached dizzying heights. For sure, the rising prices of goods and services are not in tandem with the incomes of the people at large. Shouldn’t we worry? Believe me, it can get worse, and it will! Life is gonna get more difficult for many people.

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