Singapore society will be poorer with more millionaires and billionaires
“In fact, if I can get another 10 billionaires to move to Singapore and set up their base here, my Gini coefficient will get worse but I think Singaporeans will be better off, because they will bring in business, bring in opportunities, open new doors and create new jobs, and I think that is the attitude with which we must...
The Muddle-headed Minister
Some of us had expected that he would do it – and he did. Minister for Communications and Information (MCI), Yaacob Ibrahim, accused “prominent bloggers” of not speaking up against what he described as false information being propagated online during the recent haze episode in Singapore. He gave some specific examples,...
High Public Debts, High Private Debts and Right Politics
High public debts mean the government borrows and owes people’s money, in particular CPF members. The government says we do not have net debt and our assets are well in excess of liabilities. http://www.gov.sg/government/web/content/govsg/classic/factually/Factually-310812-IsitfiscallysustainableforSingaporetohavesuchahighlevelofdebt Then,...
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