Malaysia’s emerging first world economy, despite the wishful thinking of Prime Minister Najib Razak, who doubles up as Finance minister, is no longer a factor that the ruling Barisan Nasional can constantly harp on at the hustings.
If the 58-year old Najib were to boast about the economy in purchasing power parity terms, the man on the street would fire back at how expensive life has become. And for Najib to argue would not only be a futile exercise, it would also be a dumb move.
Straightaway, it would set up the backs of the ordinary folk who feel the pulse of the economy from their ragged PVC wallets, and not the thick tomes of numbers that only make sense when compared with similarly sized and stressed nations.