Both BN and Pakatan promise to create jobs. But who would do better
at this vital task? The differences in how the two coalitions would
promote job growth are telling.
Barisan promises to continue the formula that has succeeded for
decades, with modifications as needed. BN has committed to producing 3.3
million jobs over the next administration, of which 2 million will be
in high-income sectors. To accomplish this, BN would promote the
formation of small and medium business enterprises and their development
through targeted loan programmes, divestment of Government-Linked
Companies, and public-private partnerships and microloans.
BN also promises programmes aimed at fostering entrepreneurship,
including micro-loans for mainly women small-scale entrepreneurs, lines
of credit for hawkers and licensees, and entrepreneurial opportunities
for youth.
Philosophically, BN is committed to helping the private sector
produce lucrative jobs and raising living standards and income for all
income levels. Where the private sector needs aid to step ahead, it is
provided; otherwise, the Government exists to help the poor and weak,
and allows a flourishing economy to grow.
Pakatan Rakyat promises to generate one million more jobs during its
administration – but what this apparently means is that it will
redistribute them. The specifics of how it will accomplish one million
new jobs are absent in its manifesto. Instead, there is a broad
declaration that "job opportunities will prioritise locals, to reduce
dependence on foreign labour", and a promise to force one million
foreign workers out of low-skill, low-paying jobs in "plantations, the
construction sector and the service industry" to be replaced by as many
Malaysians.
Pakatan is not promising to help the economy grow. They are promising
to channel the rakyat from entering high-skilled, high-income
professions toward dangerous, low-skilled occupations, presumably
because they would create no new high income jobs.
To compensate for the fact that the Opposition pact would drive
Malaysians into these jobs (and away from more lucrative ones), Pakatan
promises stipends from the Government to make up the difference in
wages.
Experts indicate that displacing those foreign workers will have
negative effects on the economy and foreign direct investment, which in
turn means fewer high-paying jobs for Malaysians. Pakatan does not
address this, nor any other substantive concern, in its manifesto.
Pakatan's philosophy is apparently that Malaysia has grown to its
limits, and it is time to displace productive foreign workers and
redistribute their jobs, using Government funds to compensate for the
low wages of those jobs.
Meanwhile, BN is offering a tried-and-true formula of private sector
growth with limited government support, fostering a growing middle class
and entrepreneurs who will employ hundreds of thousands more, producing
more than 3 million new jobs. Pakatan is offering a perverse form of
socialism that promises only that more Malaysians will work in
lower-paying jobs, and no new higher-paying jobs will appear.
The choice appears to be to vote BN for growth, higher incomes, and
better jobs; or vote Pakatan, and sabotage the economy in order to work
in low-paying jobs.
Put that way, the choice seems obvious.
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1 comment:
Hari pertama kita lihat usaha untuk menghilangkan jatidiri Yayasan Selangor, semua tahu Pakatan adalah kumpulan perompak!!!!!
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