Heng’s claims that Budget 2019 would address cost of living concerns are inconsistent with reality
On 20th Feb, the Straits Times reported that Finance Minister and PM-Designate Mr Heng Swee Keat saying that the Budget 2019 addresses the cost of living concerns. In my opinion, this statement cannot be further from the truth. Later - in Channel NewsAsia’s ‘Ask the Finance Minister’ programme - Mr Heng fielded questions...
Budget 2019: PAP’s worst policy is to increase the diesel tax
Heng Swee Keat said that he decided to raise Diesel Tax by doubling it because he wanted to "curb pollution". Even though he had studied Economics in Cambridge, he does not seem to understand Economics at all. Over 95% of Commercial Vehicles in Singapore run on diesel. At present, they have absolutely no alternative to diesel...
Don’t blame kiasu parents, blame PAP government
So despite TOC carrying education minister’s balls in Wah lan! TOC praises PAP govt, he says more needs to bee done, but that SAP schools remain an OB marker. This reminded me that “In Love, Money & Parenting”, Matthias Doepke and Fabrizio Zilibotti, write that economic trends are the underlying drivers of various...
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