A WORLD IN RECESSION?, front paged in the NST, 9 June 2008. BATTLING INFLATION, front paged in the NST, 23 June 2008.
Yesterday, The Sunday Star reported that following the June 5 fuel price hike:
- Kuala Lumpur City Hall recorded a drop of almost 12,000 cars entering the city daily a week after the fuel price hike;
- Queues at LRT stations are getting longer and car parks are bursting at the seams;
- A bus company in Putrajaya has recorded a 10% increase in the number of passengers;
- Daily traffic volume on the Penang Bridge has dropped by 7% from the previous daily volume of 67,000 vehicles;
- Sales of motorcycles have increased by up to 25%. Demand is higher than supply now; and
- More women are buying scooters.
And gomen has been singing this mantra Change Lifestyle to Curb Inflation. Seriously, there isn’t much to change for many people. For some of them, there is actually nothing left to change!
No family can survive on one income anymore. We all need multiple streams of income. So how about encouraging everyone to work another source of income? It could be anything from selling goreng pisang, insurance, unit trust, multi level marketing, or even so form of internet marketing.
That’s the change we should work on. A Plan B.
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