60,000,000,000.00.

That's alot of money. RM 60,000,000,000.00. 

Wonder whose pockets the money will go to? (mine? I wish.)

Car rebates, housing loan rebates, road construction, road repairs, drain repairs, tax cuts for employers, blah, blah, blah.

Point: I think this is bloody unsustainable.

Why?

The RM 5,000.00 trade-in-your-ten-year-old-car (TIYTYOC) rebates are encouraging more people to BUY NEW CARS. 

... :)

That sounded very obvious. 

... :o

But think of it, people BUYING NEW CARS means higher petrol consumption and more pollution. It also discourages the use of public transportation. 

... ... ... ... ... O_o

(The other part of me points out that the "mini-budget" doesn't even have any allocation for public transportation. So much for our petrol tax then..)

... -_-

Next, drain repairs. Wait, I thought we lacked drains. (flooding anyone? going once, going twice, sold to Kuala Lumpur! or was it Sarawak?)

... >_<

Tax relief on housing loans.

Observation + Opinion: 

Giving out housing loan tax relief is of course, good for the first-time house-buyer human/person/alien/thing. However, people who buy houses for fun and profit should not be given the relief. It wasn't stated in the news report whether the relief would be given to 20-time house buyers or not, so I'll assume it would be. I'm just THAT negative.

I also think the housing market is saturated enough. What with Singaporeans buying up all the property (in JB)..