Top-ups, rebates and bonuses are one-off, GST increase and government smokescreen are forever
Goodies are generously being handed out with this year’s budget. Goodies for the young and old, for millennials and merdeka generation. Is this an election budget? The odds and signals certainly point in that direction. Amidst all the handouts, it’s easy to lose sight of the elephant in the room – the impending Goods and...
Apart from handouts, there were 2 standouts in Heng Swee Keat’s budget speech
Announcing a reduction in the foreign worker quota and S-Pass worker ratio for the services sector, Finance Minister Heng Swee Keat said: “Relying on more and more foreign workers is not the long-term solution.” The Minister spoke as if it were an epiphany, a brilliant assessment that he has come up with when in truth,...
Manufactured political leadership is a serious malice to Singapore (Part 2)
For some strange reasons, Singapore had been plagued with endless breaches, lapses & failures, one after another over these past years, further adding to our national embarrassments. This is unprecedented because as Singaporeans, we had always pride ourselves to be the best in whatever we do, and to always get it right,...
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