2 Replies to “BN has delivered – Record High Household Debts!”
Let’s say 2012 household debt is RM700 billion and is 78% of GDP. Assuming, we have a working population of just 5 million people, the debt works out to be RM140,000/person.
Now, Ah Jib Gor and Muhyiddin has promised to give Malaysians an annual BR1M ‘angpow”. Let’s say, it is RM500/yr/person. So RM140,000/person debt divided by RM500/year – ahem, hoi Jibbey and Mooey – listen, listen, listen – it would take 280 years just to pay back household debt from BR1M alone!
Senseless, ya. So let’s get it into our heads, Malaysians, we have to work to survive and manage our own debts.
And the first thing we have to do to raise income and lower taxes and costs of living is to ask BN to pack up and go, Najib and Muhyiidddin have to be sent out to pasture. Mahathir and his mahatirnomics folded and buried in the seabed.
Let’s say 2012 household debt is RM700 billion and is 78% of GDP. Assuming, we have a working population of just 5 million people, the debt works out to be RM140,000/person.
Now, Ah Jib Gor and Muhyiddin has promised to give Malaysians an annual BR1M ‘angpow”. Let’s say, it is RM500/yr/person. So RM140,000/person debt divided by RM500/year – ahem, hoi Jibbey and Mooey – listen, listen, listen – it would take 280 years just to pay back household debt from BR1M alone!
Senseless, ya. So let’s get it into our heads, Malaysians, we have to work to survive and manage our own debts.
And the first thing we have to do to raise income and lower taxes and costs of living is to ask BN to pack up and go, Najib and Muhyiidddin have to be sent out to pasture. Mahathir and his mahatirnomics folded and buried in the seabed.
BR1M – Rakyat gets bantuan peanuts.
UMNOputras get Scorpene-size Commisssions from government coffers.