Why I disagree with using public monies to bail out owners of older HDB flats
Recently, there is a suggestion that the government should charge a modest premium to enable older HDB flats an extension of their lease. I disagree with this suggestion. From the very beginning, all new HDB flat buyers should understand clearly that their legal ownership of their flat is 99 years. If that is the case, then...
The Curse of Bukit Batok
Bukit Batok is on the news again, for the wrong reasons. Latest unfortunate mishap to happen in this jinx constituency: Discovery of a Tuberculosis patient in a Kindergarten. This is something unthinkable in Singapore to find a TB patient in a kindergarten, of all places. It’s more shocking to note that MOH has given the green...
A job quality index would give the true underemployment situation
Anyone who has learned Economics 101 knows the Philipps Curve. It’s about the relationship between inflation and unemployment. Western central banks have been applying this theory to their economic thinking. In the US, this relationship no longer applies. This is because by a new index named the Jobs Quality Index (JQI), the...
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