Chor: Pakatan promises will lead nation to financial ruin

GEORGE TOWN: Pakatan Rakyat’s populist policies can knock out the national economy because the government would need to spend at least RM200bil to fulfil them.

MCA vice-president Datuk Seri Chor Chee Heung said Pakatan’s continuous string of populist promises will eventually lead the nation to bankruptcy.

Doing his calculations, Chor said that abolishing tolls, ensuring a RM4,000 minimum household income and abolishing car excise duties would add up to equal the nation’s annual revenue.

Pakatan has also yet to include the cost needed to abolish the Higher Education Loan Scheme (PTPTN), he noted.

“At this rate, within two years our country will face bankruptcy,” Chor declared.

DAP secretary-general Lim Guan Eng is being delusional if he sincerely believes that Pakatan will not bankrupt the nation, Chor said in a statement.

He added that Lim should be more realistic about monetary policies.

“Will the money to fulfil Pakatan’s promises come from the nation’s income? If so, how is it then possible for the country to be stable and to develop? How can we attain a high-income nation status? Pakatan has always made populist promises, but they have never explained clearly how they intend to support such (foolish) promises.”

In another statement, Penang MCA secretary Lau Chiek Tuan said Lim is practising double standards by choosing to keep quiet over the alleged lack of religious sensitivity by Perak DAP chairman Datuk Ngeh Koo Ham.

Lau was referring to Ngeh’s controversial tweet posting that Muslims were apparently wasting their time by protesting against the anti-Islamic online flick, The Innocence of Muslims.

Lau said the tweet “proves that Ngeh is insensitive,” but Lim continued to adopt double standards by remaining silent over it,

“The Penang Chief Minister only answers selectively and behaves like an ostrich, trying to bury its head in the ground.”

“On the other hand, if such acts were committed by Barisan Nasional leaders, I am sure that Lim will be the first to criticise us for offending Muslims. Nevertheless, the truth is now revealed through his silence over this controversy.”

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