Malaysia's widening income gap | NEWSFLASH 

If its so bad in the US why is there people still trying to get in?

@@mohamedgoldstein5565 Some people still don't know any better...

@@SonyJimable So you are saying you know better than the people who come in legally and illegally and then stay in the US for generations - that they dont know any better?

​@@mohamedgoldstein5565 They come in and live for generations do they? How old are these people you know?

@@SonyJimable You dont need to know the people. You just need to know how to read the stats. By a wide margin, the U.S. has more immigrants than any other country in the world. As of 2015, the United Nations estimates that 46.6 million people living in the United States were not born there. This means that about one-in-five international migrants (19%) live in the U.S. The U.S. immigrant population is nearly four times that of the world’s next largest immigrant destination - Germany, with about 12 million immigrants.

Consumption tax is better than income tax in capturing tax revenue leakages from black economy.

I just realized that my family lives in Relative wealth compared to most Malaysian, I feel like that's a bit unfair?

That is the case bc the form 5 student started to climb the ladder before the graduates. So even when you finish degree your job will probably be lower than a form 5 who work there for few years. That is what you should expect. Bc all bosses evaluate society experiences rather than the sijil.... Unless you already have both the work experience and uni degree than you can start off very strong.

but in Malaysia whatever measure taken to rectify such a problem would be translated into a political issue and in all political issue all of it would be turned into a racial issue. So in before they start pinning blame on the minorities. Nobody want to question why is our annual import is around 180 billion while comparing to Russia's its around 220 billion.

lemustang greed kalau semua pandai siapa nak jadi kuli?- neoliberal atok.

We already have boarding school system in Malaysia albeit for some privilege people only. The better way to improve the primary and secondary school system is to revert to the true and tried system we had in the 50's to 80's and not the present system where i quote Mahathir " a semi religious educational system".

That 20% only care about profit and theirself.

Yup the one that get 2700 is the above average

All because of venacular schools.

Because they think Malay people got government job Busines for Chinese

@@plantlover1364 Government cannot hire all Malays/Bumis to work in Gov sector. The economy will collapse.

@Eason Cheng and who I wonder tickles your fancy? Sweatshop China? Suicide S.Korea? Corporate America?

@Eason Cheng Actually, it appears to be that you have shown yourself to be a person who is unable to provide any factual or supported alternatives to the left and centre economic systems championed/implemented by the Nordic countries and Bernie Sanders, while at the same time, reduced yourself to becoming unnecessarily overheated with excessive swearing despite not presenting much justification for attacking another person's honest opinion. I think history and case studies will clearly show how capitalism and neo-liberal ideologies have increased the socio-economic inequality and conflicts cause by self-serving politics and businesses, compared to people-focused economic policies. Unless of course, as someone who seems to be a self-proclaimed economist expert, you disagree that economics is a social science which like politics, is subjective. I mean, let's not take into account that economists like Joseph Stiglitz actually made any sense when he pokes the very real big holes into the current right-wing economics dominating most nations- which was clearly why he became a Nobel Peace Prize laureate, right?

@Eason Cheng It's interesting to hear you claim you do know a lot of economics yet not share any such knowledge to make yourself credible. And just as interesting as you assume everyone here know nothing of economics. Okay, sure. You don't have to prove yourself right. You also do not need to make a fool out of yourself :)

Eason Cheng I don't know about the rest but I do know Sweden is being run by a feminist leaning administration- they got they're social welfare programs sorted alright (which Bernie and other lefties confuse with socialism), but don't know jack on how to plough snow off the streets....

No, Malaysia don't have the best roads and infrastructure in SEA. Most areas in Malaysia including the major cities don't even have proper pavement for pedestrians to walk on safely. The best infrastructure in SEA goes to Singapore. Almost everywhere, theres proper pavement for you to safely walk and jog. You can even lie down or sit safely for a while if you want on SGs pavement.

Malaysia use to have best road but not anymore.

HAHAHAHA... U JUST PUT YOUR FOOT IN UR MOUTH, DIDNT YA? NO HANDBAGS, NO GST STOLEN (AT LEAST BY BN N DSN), BUT STOLEN N MISMANAGED BY PH, NO SPORTS CARS AS PH CLAIMED AT D PAVILLION BASEMENT CARPARKS, NO NO MISSING RM2.6B FRM 1MDB, NO RM24MILL RING...NO NOTHING!! RAKYAT WERE SO DUMB THEN..IM SURPRISE THAT SOME STILL ARE...

They're just the symptoms, not the underlying causes.

I agree. This is normal in Capitalism. If i work hard and study hard, I want to be better off than most people. Not the same level as those who don't work.

Agreed... I'm seeing people make huge amounts of money by using their brains and working harder.

bad capitalism does exist and it need to be eradicated but, the burden lies on you alone. if you won't work hard, study hard, choose the right degree/diploma, make good and important life decision, why should you earn more than people who did all of those things ?

The problem is that people who are born in disadvantaged positions will have to work and sacrifice twice as much. And even then, if might not be enough. That's because those from disadvantaged backgrounds rarely have a social/economic safety net. If they fall on hard times (even if it's an economic downturn that's not their fault, for example), they are less likely to recover, and more likely to spiral into generational poverty.

Thanks for the comment, and for bringing up the GINI coefficient. We do our best to cover everything as well as we can, but we obviously can't, so we always count on well-informed viewers to chip in and continue the discussion in the comments. (Can't say we appreciate the jibe about us "lying with a straight face", but we'll look past that for now...) Anyway, the statistic we quoted in the video about the widening income gap is from a Khazanah research that actually does report a decreasing GINI coefficient in Malaysia over several decades AND an increasing T20/B40 income gap since 2008. The lead author of the research explained that despite the decreasing GINI, the T20's income growth is still widening the gap with the B40 group in absolute terms. In relative terms, yes, the B40 group's income is increasing at a faster rate, but in absolute terms, the gap is still widening as the T20 group started at a much higher base. You can read more about it here: www.thestar.com.my/business/business-news/2018/10/16/malaysias-widening-income-gap/ So no, we were not lying.

That's bc the foreigners earn that job through years?? Also which job specifically?

There is no such thing as lucky. While luck may be a part of it. Most of it is due to hard work, perseverence and proper plannings. You can't expect fortune to befall on you just like that. You still have to work your arse off to reap the fruit of your labour!

comnunism or socialist? do u need terrorism? have u joined ISIS? whenever there's prob internal, it's always chinese caused it, external: freemason/western/israel. u urself no prob? shame on u, shame on u. shame on u! look at how look u r!

look at how much budget allocation for malay school? u think who has the most? look at how many percent in local U + Mara. u think who has the most? for 60+ years, u done nothing and bark like crazy dogs? shame on u, shame on u. shame on u!

when u ppl bomb china west, thai south, Philippine south for so many years until now, yet u n ur kind still call chinese communist? shame on u, shame on u. shame on u!

look at old testament, who was on the israel land first? if they r the prince of the soil there too, what's ur stand in palestine? shame on u, shame on u. shame on u!

look at how much najib n rosmah & his gang ran away the money? how altantunya killed? yet u n ur kind still call chinese cheat? shame on u, shame on u. shame on u!