If PAP Were Planning An Early Election Before Things Got Worse They Have Missed the Boat
Today’s Ministry of Trade and Industry (MTI) release of GDP for the first quarter 2019 actually shows an acceleration in annualized quarter-on-quarter growth to 3.8% despite the drop in year-on-year growth to 1.3%, below expectations of 1.5%. Manufacturing was the main culprit since it constitutes around 22% of GDP and fell...
Misconceptions about the Singapore budget surpluses
I think there has been some misconceptions about the Singapore budget surpluses mentioned here and elsewhere. I have my own take on it which I will share here in the form of a question and self answer format. The main thing to remember is that the PAP does not give a rat’s ass about Singaporeans and the budget, like every...
Millennials get the thin end of the wedge from the PAP
If you are a millennial, you would be getting a bad bargain from the PAP government. Unless you are one of the privileged few, you are likely to be working in an industry where there is increasing uncertainty about the long term job prospects and where wages are stagnant. You find yourself having to work increasingly long hours...
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