This stimulus will not save us

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COMMENT | Not caring about job losses means not caring about the people.

| Our economy is collapsing and only we know it. Air flights halted, travel agencies shut, restaurants closed. In the weeks to come, we will hear about many businesses having zero revenue. Soon, we will know someone around us who has lost a job.

These stories will take a while for the government to register as statistics, and we need two consecutive quarters of economic decline to call this a recession.Destroy economy to save our health Unlike other crisis, we need to destroy our economy to save our health. The only way to stop the spread of the coronavirus pandemic is to stay at home. All businesses must close, you cannot travel or go outside, and you should only spend on necessities that keep you safe and healthy.The only way out of this bind is for the government to spend, at a massive and radical scale. And this is the bare minimum to keep our economy from going further south...

 

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it's a chain reaction. if one of the elements is broken, it will break the economic chain and it won't help in long run. SMEs are suffering, soon there will be people losing their jobs, increase in crime rate and so-on. government must have a long run solution or package to this.

Also this stimulus will stimulate us into more poverty for both people n Govt..Haphazard decision making reeling into peoples sentiment and not objective strategic approach of sustains for both business n job as aftermath..

Gov introduce stimulus package - Malaysiakini condemn. Gov do nothing - Malaysiakini condemn.

Kumulus dan nimbus pula adalah sejenis awan.

Priority is to ensure there’s food on the table for Malaysians every day during this emergency period.

No worries, PN government is already doing much better than PH. If PH is still in power, you'll get 'PM transition' hogging the headlines

Ringgit mengukuh..Bursa ditutup tinggi..investor semakin yakin

Your stunted thory aside, fact is this govt it is far better than PH

Ma Chai

A short term solution but should this 'crisis' escalates longer, this nation is likely to burst economically.

Hmmm another N.A.T.O. on action.

Kesian T40 tak boleh merasa. Sebab tu jangan bagi gaji ciput bagi orang b40.

Can malaysiakini go online for free at least in the MCO period. Mind you RM 200 is a huge sum of money now. I hv been reading just a few lines before the rest goes blur 😪

True even if sad. Hard fight with faith and huge knowledge applications in health care

No it won’t but it will be a short term relief for lower income household who are struggling. So think of them ok?

Every other nation is having rescue package to save employments but the backdoor govt gives freebies and handouts to government servants on holidays

How to have MCO fully complied with when musang minister's not charge for breaking the MCO. Also social distancing not followed by musang government. Notice how close to each other they stand to have their fart faces on camera.

Oh by the way, US owned loads of gold. Malaysia?

Classic ex: US.. stock market still continue to fall, rising unemployment rate. There will continue more stimulus as fed has infinite to imprint dollars. Obviously there’s an agenda behind. Hyperinflation, dollar devalue, back to gold standard? New world currency? Digital dollar?

Look at all that Social Distancing that they do not use!

Create more jobs for businesses so that they can hire workers as long term plan. feeding cash is good for short term

Waiting to see how long before TokAyah becomes TokAiiiYahhh

Bagi stimulus salah. Tak bagi stimulus pon salah. Does have ultimate solutions? Why don't you share it

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