Friday, May 06, 2005

Talk is Cheap, right?

Stop relying on cheap foreign labour, subsidies and rent-seeking announces PM Abdullah Badawi. My first reaction was to laugh it off as another futile exercise to bring in some badly needed FDIs. Cheap labour, subsidies and especially know-who "technologies" have been the bane of Malaysian commerce for so long, I wonder if our corporate leaders know how to do business any other way.

Someone I know calls it a systemic problem. Another calls it the handout mentality. For so long we have been looking at the wrong bottom line, the time may be upon us to pay for the sins of the father... hence this reality check. Everyone I know has a suggestion where this posterity "movement" should start - and each with a different agenda and reason. I won't go into that except to say it will hurt us all, but even the Holy Bible is clear that "if your right eye causes you to sin, gouge it out and throw it away. It is better for you to lose one part of your body than for your whole body to be thrown into hell." It may hurt, but that may be the only way to go.

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