Fact 1
Chicken rice in London Chinatown is usually around £5. That is roughly RM35. The average chicken rice (in a Penang hawker stall) is around RM3. So by direct comparison, chicken rice here is about 11 times more expensive.
Fact 2
Minimum wage in London is around £5+ an hour. Minimum wage in Malaysia (I’m not sure if there is any, but I’m guessing) is around RM3. So the purchasing power parity in relation to chicken rice is the same here as in Malaysia.
Fact 3
Price of 1 litre of petrol in Malaysia now is almost RM2. Price here is around £1 (RM7) per litre. So by direct comparison, price of petrol is Malaysia is less than 1/3 the price of petrol here. But 1 hour of work in Malaysia buys you 1.5 litres, whereas 1 hour of work here buys you 5litres.
No real point. Just decided to point out the obvious.
Every time they increase the price, our government says our petrol is still the cheapest in the world. It maybe true, but does it really mean anything?
Rafidah Aziz when she was here said we can’t compare this way, since UK is developed, and we are not. It’s true. We are not. So our politicians should just say that then, rather than just trying to be sneaky by deceiving us with meaningless statements.
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6 comments:
It’s probably true that it's part of a politicians job description to manipulate facts to make a disaster sound good. They are doing their job. But I am doing mine by questioning it. We do not criticise for the sake of it. We do it to keep them in check. We are not subjects of the system. We are part of the system. (I guess this is my point. Sorry for the cliché)
On an unrelated topic, where can one find the best chicken rice in London?
I heard your housemates sister makes the best...
Think Dato' Seri Rafidah used to be the Dean of Economics Faculty in UM.
KPUM, are you studying economics? Who are you to question her new theory?
Chicken Rice
LOL Dean of economics, so what? Nazri studied law in london and he doesn't seem to understand anything, judging from his comments relating to judicial review.
-Slashed-
Good words.
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