The Malaysian Employers Federation's views carried in The Star February 16 publication just goes to show how outdated its views on 'minimum wage' are. The MEF is so detached from the realities of what is happening to wages in the country that its only view is to protect the ungodly profits that some of its members make.
Don't they know that inflation over the last five years had eroded the purchasing power of the ordinary man and that the gap between the rich and poor is widening by the day! The wages of more than fifty percent of the working population is now on or below the poverty line.
The Government's planners and thinkers have already decided that if this country is to soar like an eagle among the nations of the world, it must create a high income economy. So it is dismaying to see organizations like the MEF still behaving like turkeys! MEF please wake up, what is happening in the middle east is due to extreme poverty because of low wages and high inflation. We Malaysians do not want this scenario to visit us.
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