Please also click on this link and read the story;
This must be quite painful for Finance Minister Lim Guan Eng to announce,
Well, of course Guan Eng went spinning round and round to justify the decision, but the fact remains that the project was actually good.
In Guan Eng's own words (excerpts),
If it's not good, it would not be able to do all that, right?
In fact, I believe it could do even more than those, but I leave that to the clever economists among readers of this blog.
It's quite funny that Guan Eng said "as well as potentially achieve a SMALL surplus return".
But never mind. Politics is just like that lah.
I think Najib will later in the day issues another statement like this,
That one the other day was actually quite funny.....but never mind, I'm not into rubbing it in on people.
With all those in mind, I seriously think the government needs to put aside the political nonsense for now and do the right thing, which is getting down to real work.
They need to acknowledge that if something is good, then they just need to say that it is good.
They need to bring back confidence to the economy.
Running the government with politics in mind is not good because it creates uncertainties.
That's how things are since GE14.
This news has just came in,
It came with this,
That's what happened when the people in government continue to behave as if they are still in the opposition.
I know, being in the opposition is more fun as you can shoot off your mouth all you want.
But now you are in the government, and if you continue to do that then people will suffer.
You cannot govern the country based just on sentiments.
Seriously, Guan Eng and the gang need to sober up, stop playing politics and do their job.
And of course be honest.
If it needed be, they should admit that not everything that the previous government did was all bad.