PAP the reason why our cost of living is rising
Complaints about prices of goods and services in Singapore being higher than those in HK, Taiwan or South Korea are getting increasingly common. This news gives you a slight insight into the reasons why this is so: the PAP Government is the biggest and most avaricious rent-seeker in this country. In the latest six-monthly review,...
Just 3 fixes to show that the PAP really cares
Prime Minister Lee Hsien Loong said Singapore has to strike a balance between maintaining its competitiveness and caring about the less well-off as it strives to reduce the income gap. (CNA report a few weeks ago: More extracts at end of article.) And the Budget statement and the spin that the conastructive, nation-building...
How much should the Government have paid into CPF?
This is a follow-up to my previous article in regards to the comparison between EPF and CPF. Here, we look at what the Singapore Government should have paid into our CPF accounts to equalize the effect of inflation. My previous article is called 'EPF superior to CPF in many ways' which I hope all of you will read. 2008 2009 2010 2011 2012 2013 Total ...
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