All the good signs
The economy grew by a record 15.7%. What a miraculous number and what an exceptional govt to achieve such a high rate of growth in a world hit by financial crisis and natural disasters. Time to reward everyone for a job well done. All civil servants and politicians will receive pay rise, performance bonuses and GDP bonuses to the tune of 10 or 17 months of bonuses on top of the basic salary, the 1 mth AWS and the 3 months of variable bonuses. Please correct me if I am wrong. Roughly it is about there, and everyone will be happy happy. The people will also not be left out. Everyone will get something, at least $800 plus whatever savings from taxes, and top ups. And the opposition parties are in the mud ring wrestling and trying to get out to be ready for battle in the coming GE. And let’s not forget the most important man in the country, the President. He too must be rewarded for doing such a fine job, shouldering such a heavy responsibility and still having to look happy and make visitors to the Istana ground feel happy. Of all the good signs, this is the most telling. For some may claim that it is audacity beyond words for the govt to pay the President $4m a year plus all the perks, and almost a $1m pay rise. Such arrogance could be negatively received by the electorate. But looking at it from another angle, it is a sure sign of confidence. The govt knows the ground well and that the people will still give the ruling party a resounding victory in the next GE. They would not dare to risk winning a GE by making this kind of payment if they think it will not go down well with the people. The govt is always right and they must have done their sums well and knowing that all is well. The next GE will be another clean sweep. There will be no meltdown whereby the opposition will do a clean sweep. The budget, pay hike and big bonuses will not be the swan song.