You're not looking at the whole picture.
You don't buy lots of cooking oil, but bear in mind that majority of the meals you eat outside in restaurants use cooking oil. Food prices will increase.
If sugar price increase, most drinks will also increase in price. Bread, and lots of food has sugar as ingredients.
Do you still remember what happened when the petrol price shot up last year? Removing the fuel subsidy will cause inflation across all industries due to increase transportation costs.
Problem is, are our salaries increasing fast enough? NO! That's why the subsidies cannot be removed just like that. It has to be removed sloooooowly.

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Added on October 25, 2009, 3:24 pm

No.
1 month RM100 = 1 year RM1,200.
30 years = RM36,000
Assuming the dividend from EPF is the same as inflation rate.
So.. when you retire 30 years later, you will have the purchasing power of RM36,000 today. How many years can you live on this Rm36k?