As the truth sinks in
The spectre of high cost of living is sinking in gradually. One of the first to be hit is car ownership. You may be able to buy, pay the instalments, but you cannot afford to drive that precious car of yours. Every trip out is going to cost that much more. The MPVs and SUVs are going to be hit badly. Cars that guzzle petrol are going to be sidelined. The latest COE dip for cars under 1600cc is a clear signal. The big cars will go on selling as that market is quite inflation proof. The rich will still have plenty of small cash to spare. The hardlanders who wanted that car to enjoy a little luxury will find it that much more expensive for the thrill. Malaysia is rethinking on the high toll fees and may reduce them to lower the high business operating cost. We are still sitting mighty high in ivory towers and will not budge in cutting a little on petrol tax to bring down the cost of transportation and related essential services. Always good to err on the high side with more taxes. Then can be generous to throw a few handouts around and the lucky few who are dying may relive for another few months. Those that miss the net, sorry lah.