Petrol hike, aftermath...

I still believe it was some pretty stupid decision to have a sudden 40% hike, not to mention the uncertainty of further hike to RM4.00 is doing nothing but damage to both the population as well as country as a whole. Let me tell you why:-

a) Hawkers and food operators could, or definately will increase their prices.
b) Bus and lorry companies already demand a 40% increase of charges.
c) Manufacturing companies will surely pass any increament of operation to the end users.
d) The KLCI today closed at 1223.56 points today, having dropped 29.65 points.
e) Point a and c means end users will not only need to bear with petrol hike, but an overall hike in daily expenses.
f) Point e means that end user will have lower buying power, not to mention spend more carefully due to unpredictable further price increament.
g) Point f means that our overall economy will be affected since big chances are people will be spending less.
h) Point b, d and g means that any potential investment or expansion might be halt, due to the uncertainty of overall business environment in Malaysia.

Summary, the economy will be affected, the people will be affected and the whole Malaysia will get affected.

Many people might think that such a move especially at this time when so many people are having thorns at heart towards BN can only mean either our PM is brave, or crazy. But I have a different insight, and I think either our PM or his advisors had planted the right strategy. You might ask why, and here is why.

Anyone who followed political news might know our PM's current seat is unstable due to numerous internal and external pressures, or some sort of that. This move of his had basically eliminate any potential uprising or opposition within his party since any new leader will have a very hard time to calm the overall population of Malaysia, and further chaos might follow. With this move, he could secure his seat longer.

Great or not, you decide since we all suffered from it. But you do need to feel proud since he finally produced a masterpiece move for once, if it was as what I think.