No normal growth for Singapore economy
There is this article in the TR Emeritus (TRE) by a blogger called ‘Jialut Liao’ with the title ‘Singapore economy will never have growth again’. Let me quote the first paragraph. The economics headlines for Singapore have been bad. The predictions for 2017 are gloomy. Still… i have this nagging feeling that we are...
Burying PAPpynomics’ Asset Enhancement Politics
Sinkieland’s asset enhancement politics is a disastrous failure. An incredible amount of permanent damage has been done to the economy and society. There is no such a sweetheart deal omnipresent thing of a “second-bite-at-the-cherry” enrichment as a real estate-driven wealth creation. No one got rich simply by expanding...
Tax and tax a S$134m addiction
CNA reports that S’poreans spend S$134m on “bottled water addiction” when our tap water is perfectly safe to drink. A 600ml bottle of drinking water usually retails for about S$0.50 to S$1. According to PUB, the same amount of tap water only costs 0.1 cent, making it 500 to 1,000 times cheaper than bottled water. This...
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