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Archive for the ‘Economy’ Category
Why Both Kate Spade Influencer Tin Pei Ling and Her Boss Heng Swee Keat Are Talking Cock

Why Both Kate Spade Influencer Tin Pei Ling and Her Boss Heng Swee Keat Are Talking Cock

Tin Pei Ling, the young PAP MP who became notorious for her posts of Kate Spade handbags that surfaced during GE 2011, gave a speech in Parliament in which she claimed that her Government had provided the highest level of support in the world to Singaporeans on a per capita basis. She posted her speech on Facebook and I reproduce... 

Tin’s definition of ‘budgetary support’

Tin’s definition of ‘budgetary support’

Tin's definition of "budgetary support" is the money the government is using to prop up the "economy" as a whole. In other words, it is "budgetary expenditure", which might not largely benefit the individual directly. A more useful comparison with other countries would be to look at how much tax and social security revenue... 



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