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Prices on Taiwan Island soared, and the people cried bitterly

author:Kyosai Taiwan

Since the beginning of the year, there has been a shortage of eggs in the Taiwan market, and the people on the island have lined up to grab eggs as a special scenery. A box of eggs has risen to 900 yuan (NT$, the same below), and many people still complain that they can't buy it.

Prices on Taiwan Island soared, and the people cried bitterly

Source: Taiwan media

Around the "egg shortage," the DPP authorities and the green camp public opinion representatives went into battle in unison to find various reasons to prevaricate and change the topic. Public opinion on the island bitterly criticized that the DPP authorities do not understand the people's livelihood and suffering, and that they are "ruling Taiwan with dry words" (dry talk, that is, false big empty words).

The "egg famine" is coming

Since last December, prices in Taiwan have begun to rise rapidly. At present, the price increase announcement of all walks of life on the island is like a relay race, the rib bento has risen by 10 yuan, the price of tomatoes has reached 80 yuan, the price of toilet paper and diapers will rise by 8% to 10%, the water bill may be adjusted by 30% to 60%, and the price in restaurants and shopping malls has also increased.

The DPP authority's Comptroller's Office announced that the Consumer Price Index (CPI) rose 2.84% year-on-year in January, breaking the 2% warning line again and hitting a 13-year high. Officials of the "Comptroller General Office" frankly said that the price pressure has indeed increased.

The DPP authorities have come up with measures to stabilize prices in many departments, which can be summed up in two words: "freezing up." Key areas related to CPI statistics, including oil, electricity, and natural gas, are all one-size-fits-all, and all price increases are not allowed. But this headache-fixing move has been counterproductive. Prices are not allowed to rise, and things do not come out of thin air. After the freezing order, there was a new wave of "egg grabbing". Due to the lack of egg production capacity in Taiwan, Taiwan's agricultural department is again engaged in "south-to-north egg transfer" and is stepping up imports from abroad, and it is very busy.

Raising the soup to stop boiling does not solve the problem. The caucus of Taiwan's People's Party's legislature recently held a press conference to criticize the DPP authorities for not relying solely on freezing to "cure the symptoms" but to make good use of the supply chain for long-term adjustment.

Prices on Taiwan Island soared, and the people cried bitterly

Fruit stalls in Longcheng Market Source: Xu Ruiqing, Xinhua News Agency

Carry oil to fight fires

In the face of good words and persuasion from the outside world, Zheng Yunpeng, secretary general of the DPP caucus, went so far as to respond that "the linkage between rising prices and rising wages" is "positive news for the people on the island."

This statement was intended to find a fig leaf for the rise in prices, but it turned out to detonate another topic that made the people feel it.

According to the statistics of the "General Accounting Office" of the "Legislative Yuan" of the Taiwan People's Party, after excluding price factors, the real recurrent salary of the people on the island was 41391 yuan, an annual decrease of 0.05%, the first negative growth since 2017. Cai Biru asked, salary can not catch up with prices, the real purchasing power is reduced, such a cruel figure, how to make the public look at it positively?

The general low income of Taiwan's working class has long been an established fact, and because of the rising prices, the real purchasing power of the people on the island has declined, which is the actual causal chain. The DPP authorities up and down do not think about what to do, and even more put on a posture of "why don't you eat meat." The people of the Blue Camp criticized it bitterly, and it was precisely because the "people's representatives" of the Green Camp did not understand the "salary acid" of the people that they dared to proudly speak the "language of the night" and night.

The "positive message to say" about raising oil to put out the fire made Taiwan netizens fry the pot. Some netizens left a message: "Laughing to death, can rising prices drive wages up?" Some angrily said, "Use the ballot to remove 'legislators' who do not understand the people!" ”

Prices on Taiwan Island soared, and the people cried bitterly

A supermarket in Taipei City put up an "anti-inflation zone" Source: Xu Ruiqing, a reporter from Xinhua News Agency

Such "achievements"

Playing the game of words and numbers and using "dry words" to "govern Taiwan" has always been a good trick of the DPP.

A while ago, Tsai Ing-wen, the leader of the DPP authorities, talked about the island's GDP growth of 6.1% last year, which was quite a taste of putting gold on her face. But what she wouldn't say is that there are polls in Taiwan showing that a whopping 83 percent of people think their economy is either going bad or not. In other words, it has not gotten better at all, and the people of Taiwan have not enjoyed the fruits of the island's economic growth.

Some Taiwan media analysts believe that in the past two years, the global "lack of core", Taiwan in the TSMC and other enterprises, driven by the "beautiful" economic data. However, if these data only bring about a widening of the gap between the rich and the poor, a negative increase in the real income of ordinary people, and inflation that brings about rising prices, what is the real significance? How can the so-called political achievements boasted by the DPP stand up to scrutiny?

No matter how the DPP authorities throw the pot, inflation is still a big problem plaguing the people's livelihood on the island. People of insight on the island have criticized that the DPP authorities have not even understood the relationship between prices and supply and demand, but they dare to close their eyes and boast that they can maintain price stability under their rule, and that such a administration will not help the market, businessmen, and the people, and will only further undermine Taiwan's basic economic order.

"The DPP authorities cannot do what the people are suffering, so how can they relieve the people's suffering?" Cai Biru said sarcastically.

Source | People's Daily News

Jingcai Taiwan