Monday 29 October 2018

Stupid illogical and devoid of facts pro-poor policy by a Professor in Economics

 I did not realise how dangerous this article is until I read the pro-poor policy. It has never been sanctioned anywhere in the world, but was championed by racist bastards in DAP for many decades already. His statements are devoid of any fact at all.
 
Just because you are poor does not mean that you deserve government aid above those who are more capable of contributing more. This is standard practise as shown by awarding scholarships to deservings students, and even giving money to people regardless of poverty in UBI, Universal Basic Income, which is the main theory to prevent disasters as a result of automation.
 
 https://www.theguardian.com/inequality/2018/jan/12/money-for-nothing-is-finlands-universal-basic-income-trial-too-good-to-be-true
 
 http://unpan1.un.org/intradoc/groups/public/documents/un/unpan005788.pdf
 
Pro-poor policies had been identified as failures especially in commuist countries that later turned into socialists. DAP turned to socialism when the chinese supported mainland China with its communist policies.
 
 “It will also lead to a more confident, cohesive and resilient multi-ethnic society without the country being labelled as one of the very few where affirmative policies are needed for the majority rather the minority group as seen elsewhere,” he added.
 
The above is also a very dangerous statement made by racists, and had no bearing to the meaning of affirmative action AT ALL.
 
For example, the minority chinese and indians in USA are never candidates of affirmative action. It is just ridiculous to apply affirmative action on a minority.
 
Affirmative action is only applied to disprivileged people, regardless of whether they are majority of minority. The disprivileged is due to past racist practises that are hard to control legally. In USA, it was the whites who are racists, but they happen to be the majority. In Malaysian, it is the chinese, despite being the minory, had managed to control the economy. 
 
It is ridiculous and racist to assume that the minory chinese are successful because they are intelligent and hard working, whereas the natives are not. It is their racism that contribute to a large extent to their successes at the expense of the natives.
 
Just look at the multinationals and the Malays in Singapore.

Any racism is a waste of natural resources. If the chinese were not racists, the natives could have contributed to greater utilisation of Malaysian resources, for the good of all Malaysians.

Pro-poor policies, if implemented fairly, will make it worse for the chinese, who by defintion are not really poor, compared to the majority of the natives. I said implemented unfarily because the urban people are given more emphasis, compared to the rural natives. The rural natives do not even have proper hospitals, schools and roads. 
 
By providing the roads, schools, and hospitals in the rural areas for the poor, there should be no money left for the urban poor, that already have good roads, schools and hospitals by being in the proximity of all these facilities.

As to evidences of racism, it is as clear as daylight, and yet, Malaysia still has not implemented any anti-discrimiantion regulations, unlike USA. Many capable Malays are denied places in Chinese companies, given various excuses that are not even valid. For example, ability to speak Mandarin. Many Malays were denied employment despite being able to speak Mandarin. As for Malays, why should they work for these racist companies which form the majority of the companies in Malaysia?

We identify the racist by the stupid, illogical and untrue statement that affirmative action is not for the majority. Nonsense. Affirmative action is to stop racism.

Google Search:
affirmative action
noun
North American
  1. action favouring those who tend to suffer from discrimination; positive discrimination.
     Also https://en.wikipedia.org/wiki/Affirmative_action
    Dishonest and racist people may quote from this, without understanding it:
     
    affirmative action
    noun



    Definition of affirmative action 

    : an active effort to improve the employment or educational opportunities of members of minority groups and women

     

    "Members of minority groups" and "women".
    This is nonsense, because chinese and indians are never given any affirmative action privileges. Only Red Indians and Blacks. Not even Hispanics are given affirmative action, in general.

    And women, they are certainly not the minority.

     
    Follow the discussion here:
    https://www.quora.com/Why-are-Hispanics-a-part-of-affirmative-action-when-they-were-never-slaves

    Just like this racist chinese bastard.
    Cedric Chiu, Radar Engineer working on Weapons


    Originally, the idea of Affirmative Action is to help people under a systematic disadvantage, like kids from a former Slave Parents/Grand Parents.
    But as time progressed, it became a tool for "Racial Rebalance" of a organization (like a Soft Quota).
    So Hispanic is part of Affirmative Action Bonus, not because of the "Systematic Disadvantage" standpoint, but for "Racial Rebalance" Stand point.
    It is kinda Ironic, Since Asian actually had a systematic Disadvantage against them (Asian Exclusive Act that lasted till the 1940s, and Japanese Concentration Camp of the 1940s), but today they are being punished under Affirmative Action.. It clearly spells out the fact, that people (schools, companies) care more about their Image (Racial Rebalancing) than actual historic remedy.

 
Focus on reducing income disparity

The Pakatan Harapan government should focus on reducing income disparity between the rich and poor, regardless of race, in its pursuit to eradicate poverty, said economists. NSTP picture by ASYRAF HAMZAH.
KUALA LUMPUR: The Pakatan Harapan government should focus on reducing income disparity between the rich and poor, regardless of race, in its pursuit to eradicate poverty, said economists.
The New Economic Policy (NEP 2.0) must be amended based on the gains of the old NEP that has substantially closed the gap between the majority and minority ethnic groups.
Sunway University Business School economics professor Dr Yeah Kim Leng suggested that a pro-poor or inclusive NEP should be emphasised to strengthen Malaysia’s socio-economic foundations.
“This could help to shape more sustainable and resilient economic policies for Malaysia to attain high income status by 2024, as envisioned in the mid-term review of the 11th Malaysia Plan,” he told NST Business recently.
Yeah said the government’s intervention programmes like education, employment and business quotas and fiscal as well as financial incentives would raise the income of the bottom 20 per cent (B40) group.
“The attention on growth with equity should still be the primary policy focus. Without growth, restructuring of the economy and raising the living standards will be much harder and less sustainable,” he added.
Yeah said greater transparency and accountability will be important for the people to eliminate the identification of race with government policies.
He noted that steady economy growth over the years has strengthened labour demand which in turn has increased the ethnic diversity of employees in most organisations across sectors and industries.
“An inclusive and pro-poor NEP will foster national integration and equitable income distribution between and within each ethnic group.
“It will also lead to a more confident, cohesive and resilient multi-ethnic society without the country being labelled as one of the very few where affirmative policies are needed for the majority rather the minority group as seen elsewhere,” he added.
Malaysian Institute of Economic Research (MIER) executive director Professor Dr Zakariah Abdul Rashid, meanwhile, said socio-economic development in the current context of Malaysia was all about growth with equity as outlined by Prime Minister Tun Dr Mahathir Mohamad.
“Now everything lies on the implementation of good strategies. Bumiputera should also get its equal share of the prosperity of economic growth and development of the country,” he said.
Zakariah said the country’s largest Bumiputra population cannot be left behind economically for sustainable and stable economic growth of Malaysia.
“While subscribing to the principle of a free market, the strategy should be equally friendly to the major racial groups which have significant political and economic presence,” he said.
Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the NEP 2.0 seems to be a delicate balance between promoting an equitable economic growth and instilling financial discipline.
“The government is committed to reducing the level of its debt and plugging any loop holes in spending,” he said.
“In this regard, the development of Waqf asset such as land and cash can be the right policy tools which can be harnessed to complement fiscal policy.”
Afzanizam said through Waqf, redistribution of income and wealth can be more equitable and effective, and would lessen the need to introduce new taxes as the wealthy could be more than willing to take part.
MIDF Research chief economist Dr Kamaruddin Mohd Nor concurred that the NEP 2.0 should make way for the poor to better themselves and improve their livelihood.
“Education, training and income generating programmes with direct assistance and guidance are vital to raise their income.
“Assessing the effectiveness of existing programmes and their respective weaknesses are key elements to ensure the success of the programme,” he said.
Kamaruddin said the improvement of the rakyat’s wellbeing, regardless of social orientation, should be the government’s primary objective.
“Equitable distribution of wealth should be promoted via various skill enhancement programmes to enable faster social mobility.
“More customised social economic programmes are essential to address unique characteristics of various categories of the rakyat,” he said.

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