The Government’s Failure To Provide Enough Stimulus Is Hurting Our Citizens
In my analysis of Budget 2021, I criticised Heng Swee Keat’s failure to provide enough stimulus and warned that SIngaporeans would pay the price. I said that while Heng projected a Budget deficit of $11 billion for FY2021, the reality was that the Government was running an enormous surplus because the Net Investment Returns...
What cause the global chip shortage?
There is a global shortage of chips. Many manufacturers of cars and electronic products have to curtail their production. What cause this shortage? One explanation was the increase in global demand for electronic products, such as computers and smart phones, due to the move to "work from home". I heard another explanation from...
Chiat lat! Wah lan GST going up in 2022
The next GE has to be held by sometime in 2026. I was arguimg that GST will not up until after the next GE because increasing it in 2024 or 2025 will be good politics and any earlier could tank any recovery: Double confirm, no GST rise until after next GE . Related post: Why there’ll be no GST rise until after next GE. But...
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