Malaysian Prime Minister Abdullah Ahmad Badawi said his government's economic policy is not only about 'tax and spend' while leaving behind a debt burden to the future generations.
'I am not averse to spending. The Ninth Malaysia Plan proves that. But if my economic policy is only about tax and spend without any thought to structural changes, what will I leave behind for future generations?
'I don't want to leave behind a debt burden or contingent liabilities. I don't want us to succeed today so that the future can pick up the tab,' he said at the Kuala Lumpur Business Club Dinner last night.
The Prime Minister pointed out that while politicians wanted to be popular, popularity must not come ahead of doing the right thing.
full text from BT
http://business-times.asia1.com.sg/sub/news/story/0,4574,193248,00.html?
