Actually, the average basket of price of goods only abit over doubled now compared to 1983. BB data (55 vs 118)
Likewise, graduates could already get RM2500++ even after tax and EPF.
I think the triple in price in certain goods has been balanced by stagnant price of necessities such as water/electricity/transport, on top of the additional of new indicators such as internet and mobile data plans.
More importantly, you cant directly compare people from 1983 from now.
People from 1983, download movie 300 byte per second. Now we can download a full HD anime within 20 minutes. water in 1983 is dirty. no 4-car LRT train, etc etc. As a person who actually LIVED from 1983 till today, in no bloody way will i prefer 1983 compared to today.
This post has been edited by YameteOniichan: Feb 14 2012, 06:54 PM
Malaysia freshie salary in 1983 vs 2010, purchasing power really dropped!
Feb 14 2012, 06:52 PM
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