Barisan Nasional, a government that serve itself, not the people

..signs of how worried Najib’s National Front coalition is of losing power for the first time since 1957. They speak to the desperation of a government that has come to serve itself, not Malaysia’s 29 million people. And they are emblematic of a leader whose talk of bold change hasn’t been matched by action…

When he’s not trying to frighten voters, Najib is touting Malaysia’s 6.4 percent growth as proof he is a radical-change agent. In fact, much of Southeast Asia also is booming, and the government is helping to artificially fuel growth with populist handouts. Even more than the $444 billion of private sector-led projects ranging from oil storage to a mass-transit railway that Najib has championed, the country needs reforms that will revitalize the system as a whole.The government should be encouraging more startup companies, widening the tax base and hacking away at subsidies that institutionalize complacency.

All too often, rapid gross-domestic-product growth is used as a smoke screen to hide underlying cracks in an economy’s long-run potential. In Malaysia’s case, the numbers mask a government too focused on staying in power to do its job. If anything should be scaring Malaysian voters, it’s that.

Source: Bloomberg

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Posted in BN, BN government, gertak, jijik, kosong, najib

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