Saturday, March 21, 2020

Muhyiddin & Azmin's poor timing

I'm not one of those who are critical of the current government for the way it is handling the Covid-19 situation. Sure, the implementation of the lock-down was rushed and not well thought out. But as I had mentioned in my previous post, time is not exactly on our side. They had to act and they had to act fast. Improvements and modifications to the measures would have to be made as we go along.

But speaking of timing, Muhyiddin and Azmin couldn't have chosen a worse time to do their Sheraton Move. The country -- and the world, for that matter -- is almost certain to go into a recession due to the Covid-19 crisis which doesn't look like it will abate anytime soon.

Even if they do everything right from now on, the economy is going to go into a tailspin. The retail and service sector has pretty much ground to a halt and the outlook for the rest of the year (even after the lockdown is lifted) isn't rosey. Lots of people are going to lose their jobs. Lots of small businesses will close down.

No doubt, this isn't just a Malaysian phenomenon. It's happening all over the world. But as Bill Clinton's campaign once famously said: "It's the economy, stupid." If people are in dire straits come GE15, they will blame the government or at least want to boot them out in favor of an alternative that gives them hope for a better life.

They chose the timing to do their Sheraton Move. They will bear the consequences of it. Karma may not be instant but there's no escaping it.

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