Subsidy in Malaysia
There is an ongoing effort of the Malaysian government to reduce subsidy for food and petrol. They have been pitching the argument that it's getting costly to do so, especially petrol, and that they need the money for development of the country. I used to believe this should be the right approach based on economics. Otherwise, the market price is distorted and thus causing inefficiency. However, now I rather have those subsidies directly benefiting all Malaysians than to have them reduced with savings in the hands of the government. Why? Simply because I don't trust the government to channel the savings entirely for the good of the people and I bet I'm hardly alone in thinking this way.