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Archive for the ‘Economy’ Category
Tharman talks cock on healthcare and taxes

Tharman talks cock on healthcare and taxes

The PAPpy ministers are good at playing word gymnastics. They keep saying that we have one of the lowest taxes in the world. What a load of bull crap. What we have is one of the lowest INCOME tax structure in the world. But our TOTAL tax is very high. Taxes include COE, GST, Road Tax, simisai tax, blah, blah, blah... However,... 

Oh what a tangled web we weave: MRT, ComfortDelgro and the Government

Oh what a tangled web we weave: MRT, ComfortDelgro and the Government

According to the Christian doctrine of the trinity, there is only one God but God is three persons: the Father, the Son ( Jesus Christ) and the Holy Spirit. But each person is God, whole and entire. Well our public transport system is some sort of trinity: the government*, ComfortDelgro and SMRT. Except while they are legally... 

We must move up the Value Chain rather than give up on Manufacturing.

We must move up the Value Chain rather than give up on Manufacturing.

The release of the unemployment statistics two days ago brought home the folly of current policy. http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_761247.html While the government prided itself on creating 121 thousand jobs last year two-thirds of these went to foreigners. Manufacturing employment hardly grew... 



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