Wastage is wastage. It is spending more to achieve same or lesser benefits. It is usually a one-time consumption when expended make people poorer. It is careless spending that will bring back nothing or little in any returns. It is indiscriminate and unproductive and may cause bankruptcies.Originally posted by stupidissmart:I thought it was conventional economic theory that the gov should spend and spend to boost up the country economyTat is why there r arguments asking gov to spend its reserves to bolster up the economy during the economic crisis...
why would they when everything is paid for not using their million$$ salary but by taxpayers' $$?Originally posted by iamgoondu:Have they forgortten the needs to be prudent?
The billions they spend actually put people in work, They should spend more then the money really flow to the people, thats how economy grows mah.. the buildings that are built needs raw materials like stone, bricks, steel and cement which costs money needs to be purchased from somewhere and needs to employ hundreds of ppl on the work site to build it up.Originally posted by robertteh:Instead of spending billions on more government buildings, community projects of all kinds and running up costs, all such extravagant spending should be frozen.
So are those policies for people or for bussinesses?Originally posted by KumSioJui:The billions they spend actually put people in work, They should spend more then the money really flow to the people, thats how economy grows mah.. the buildings that are built needs raw materials like stone, bricks, steel and cement which costs money needs to be purchased from somewhere and needs to employ hundreds of ppl on the work site to build it up.
The government spends and they tax also ... thats how it works not only for our system but every other system in the world. Or would you rather we bankrupt our system then you satisfied issit?Originally posted by iamgoondu:So are those policies for people or for bussinesses?
So if it costs a million dollar to come out with HDB HUB in Toa Payoh, who are the beneficiaries?
Shouldn't the developer be more thankful to government for giving them a lifeline.
What benefits do you get from the moving of HDB HUB from Bukit Merah to Toa Payoh? Imagine if there is no prior budget for the new HQ building, where do you think the monies would come from?
Everyone aspires for a higher standard of living, however not everyone are prepared or worst can afford the premium in living in a high swiss standard of country.
It's true that our standard of living have improved, many didn't feel a pinch for a Macdonald breakfast, for an annual vacations, unfortunately there are still far many who have to scrimped and toiled to have decent meals.
Have you seen some old folks who still pick empty cans, collect newspaper, selling tissues, do you think they do those things to kill time?
How do you think the building of HDB hub may help towards these old folks? More empty cans for them to pick?
Sure I am not suggesting that we don't spend, rather could we have spent more cautiously.Originally posted by KumSioJui:The government spends and they tax also ... thats how it works not only for our system but every other system in the world. Or would you rather we bankrupt our system then you satisfied issit?
I agree that there are many poor people in singapore as in other parts of the world but there will be even more poor people if government don't spend, ...
See those China women come here to sell themselves? No women want to do such things but that they have to do such things is because they come from a country where it is impossible for them to earn even $1 by the work of their hands.
Won't you then agree that at least those who scrimp and toil still have a chance to do so honestly rather than trying to prostitute their dotters and women on the streets in some foreign land?
As to old folks who pick up cans and sell tissues honestly I can't say anything but if you have a good suggestion pls share with us here.
They could have put more monies into charities if that monies couldn't be better spent elsewhere. Would you rather the monies go into Plasma TVs in HDB HUB or more food hampers for the poor and elderly?Originally posted by stupidissmart:Frankly speaking all gov in the world r spending money on building infrustrature for their department. Hong Kong is also spending much money on building the police headquarters etc. Is it soem form of national pride in tis. Do u think the building of the air conditioned toa payoh bus interchange is not for the masses ? It is not as though the gov is not spending a single cent on charity eitherHow much do u think the gov should spend to prevent old people from collecting cans ? How much do u think america had spend to prevent the homeless from sleeping on the streets ? Frankly speaking these social problems will always exists.
They could have put more monies into charities if that monies couldn't be better spent elsewhere. Would you rather the monies go into Plasma TVs in HDB HUB or more food hampers for the poor and elderly?It can be argued tat a sum of money is indeed set aside for the elderly. Do u think tat all gov buildings should be old and badly maintained to show the gov is saving money ?
Do you think the gov should should spend more on having more people to police the streets in preventing the old folks for collecting cans or do you think they should do nothing?there is no crime in collecting cans. If they spend more money on the police, there will be fewer crimes or less overload of work for the police.
I have to admit, there are poors in all societies, however we still can't just simply ignore their existence. We must not have left them to fend for themselves, monies could have better spent to assisst them to break their poverty trap.Why do u say tat we had just walked and ignore their existence ? Isn't money already set to beak their poverty trap ?
So how we can better spend our monies?tat is the million dollars question. wat do u suggest ?
As for the air-conditioned bus interchanges, it is definitely not for the masses. It is only for the selected few who need commute in those interchanges.Tat is a pretty selfish way of thinking. just because I do not live or go to sengkang does it means they should build any road or park there ? It meant a difference to the other people living there isn't it ?
For AMK, it benefits NTUC, for they are developers and yet the monthly air-conditioned bill for the bus interchange is foot by bus companies. And the maintenance fees is 3 times as much as a non-airconditioned premises.Mabe we should stop using airconditioned bus too since it is also more costly to buy and maintain an airconditioned bus
Yes, having 4 air-conditioned bus interchanges, SBST has to squeeze somewhere for the expenses is equivalent to 12 non bus interchanges.So where should we spend the money ?
Where would the monies come from?
Are our economy back on track? Are our ecnomy at a roaring state? Are Charterered back in the blacks?Then isn't tat a good time for gov to spend some money to make the economy better ? U think keeping it at the reserves is better ?
Could we have waited for a while longer? Could we have waited till the price of a barrel of oil eased?
Sure go ahead with the air-conditioned bus interchanges if bus companies and PTC can promise no fare modifications for the next 2 years.I am just puzzled.. when gov spend the money for their buildings u r not happy. When they spend it to upgrade the facility u r also not happy. So does keeping the money in the reserves makes u happy ? Now u say tat an air con interchange is a waste of money because u r not using it. Maybe in a few years time, it will be necessary for all bus interchange to be aircon because it is too uncomfortable. It is like when aircon bus just appears, peopel r complaining tat is is a waste of money too
Else don't you think the monies could better spend in stemming down the rising operating costs the bus companies would be facing?
Perhaps I am conservative. Perhaps I am not used to spending on credits.
Why do you think gov had shelfed the LTA HQ project in Buona Vista?actually... it will very much depend on your definition of posh. Is being new posh ? I will like them to have a new working environment if it is already old. If they r spending excessively then I do not agree with their expenditure.
They could have realised that they need no another building to make it the 9th wonder!
I think this thread is to discuss the avoidance of POSH project.
Do you think there is a need to have a LTA HQ in BV,
and are you expecting a fare modification within 2 years timeframe?Ask me wat I prefer ? Maybe lets ask wat the residents prefer. About an air con bus interchange, they do ask the feedback from toa payoh residents and they like the airconditioning there. Tat is why they r building new aircon stations.
Would you still prefer an air-conditioned bus interchange, or perhaps you won't mind a fare adjustment ?
I won't mind an air-conditioned bus interchange, if the monthly maintenance air conditioned bills are foot by LTA.
I am not against an air-conditioned interchage. Who would reject freebies?Originally posted by stupidissmart:Ask me wat I prefer ? Maybe lets ask wat the residents prefer. About an air con bus interchange, they do ask the feedback from toa payoh residents and they like the airconditioning there. Tat is why they r building new aircon stations.
Originally posted by robertteh:Totally agreed. I would rather the the $$$ be channel into reduction in medical cost than building a air conditioned bus interchange. I am not against the ways which the tax /revenue that the govt is collecting, however, they are not prudence in the way which it is spend.
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If government to begin with does not stinge so much on providing essential basic services to lower costs of living of citizens, there will be less problems or issues raised on posh projects. One will be surprised if hungry and poor citizens can stand any talks about HDB or Treasury Hubs when stomachs are hungry or if there is no more jobs. Please provide more able leadership in this regard and put a cap on unwarranted spending like on the 7 wonders (going on to 9 or more)[/b]
Government is probably running at 15% of GDP, the highest in the world. The spending part is too free. Too much surplus monies that is why?. Even if government spending is lowered to 8% of GDP it may still be on the high side.Originally posted by diggo:Totally agreed. I would rather the the $$$ be channel into reduction in medical cost than building a air conditioned bus interchange. I am not against the ways which the tax /revenue that the govt is collecting, however, they are not prudence in the way which it is spend.
The former HDB is still vacant... and if the building is old, why not do an "upgrading" to improve the working environment? It will definitely cost less.
BTW, on one can give a figure to public service cost per citizen... it should be the highest in the world
Just to clarify on your observvations, the former HDB building in Bukit Merah is not vacant, it now house the biggest NTUC hypermart, and Surbana. Yes, they had spent more monies to relocate Surbana back from HDB Hub to Bukit Merah.Originally posted by diggo:The former HDB is still vacant... and if the building is old, why not do an "upgrading" to improve the working environment? It will definitely cost less.
They too have the appetite to consume 3.5millionsx3 plates of fried kway teow per year.Originally posted by robertteh:Government is probably running at 15% of GDP, the highest in the world. The spending part is too free. Too much surplus monies that is why?. Even if government spending is lowered to 8% of GDP it may still be on the high side.
Here's from PTC website, which justify for the need for a fare adjustment in 2002.Originally posted by stupidissmart:Ask me wat I prefer ? Maybe lets ask wat the residents prefer. About an air con bus interchange, they do ask the feedback from toa payoh residents and they like the airconditioning there. Tat is why they r building new aircon stations.