How to cope with a reduced demand in the economy
I asked a question - how can the economy in Singapore deal with the drop in demand and keep the people employed. Here is my proposed solution. The government should pass a law to reduce the working hours by 30%. This will avoid a 30% fall in employment. The business will get a subsidy from the government to cover 30% of the...
The PAP government now wants to check the opposition that is supposed to check them
Click to enlarge Minister Lawrence Wong started the ball rolling last week. Prime Minister Lee Hsien Loong confirmed it on Saturday. Post GE2020, the government’s message to the opposition is: Don’t just ask questions to check the government, the government also wants to check and scrutinise you. PM Lee was explicit: “The...
Covid-19: Modi in denial
The BBC reports that Indian experts say that “full-blown” community transmission is happening in India. But the government refuses to accept that community transmission has begun, saying there is no clear definition of the term, and each country can define it based on local conditions. So far, Kerala and West Bengal are...
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