I think the govt is trying hard to help local n if u look at the recent decreased in subsidy for PR n foreigners.Originally posted by maurizio13:Trading within oneself in a service industry is the shifting of wealth from one hand to the other, no new wealth is created.
A, B, C, D, in a partially closed domestic service economy, A provides manicure, B provides Haircut, C provides massage, D provides cooked food; they didn't produce any goods to trade with external economies, at the end of the day, D still has to buy imported food from external economy.
Economy has still not recovered, look at the COE rates, it has dropped from highs of above $30,000 to lows of below $10,000. Goes to show that most people don't have money to buy cars anymore, especially during december where alot of families want to get new car for the new year.
Stock market bullish doesn't mean anything, what percentage of our stock market funds belong to locals, most probably they belong to people in the USA, because of the recent depreciation in the USD, they are trying to invest in other economies so as to reduce their exposure to USD.
Property market bullish? Do you want to buy any property for the price it cost in 1999?
Job market recovering for FTs, not local Singaporeans.
plus the propose increase in employer CPF contributionOriginally posted by will4:I think the govt is trying hard to help local n if u look at the recent decreased in subsidy for PR n foreigners.
They decrease the subsidies to reduce their own cost, but citizens still pay the same as before. Whatever it is, I think increasing the GST is a failure of policy.Originally posted by will4:I think the govt is trying hard to help local n if u look at the recent decreased in subsidy for PR n foreigners.
MmmmmmOriginally posted by Gazelle:plus the propose increase in employer CPF contribution
If you have more money going into your CPF, you will be able to use more of your CPF to pay for your housing loan instead of cash. Or you will be able to make bigger monthly payment to retire the loan earlier, which translate to paying less interest to the banks?Originally posted by Hogzilla:Mmmmmm
If you consider 0% an increment......
Just like there is a big difference between making things happen and waiting for things to happenOriginally posted by maurizio13:There is a difference between talking about something (which will eventually come to nought) and doing something.
Without increasing GST and not being able to increase direct taxes or risk losing competitiveness, where do you find the money to help the poor? Where's the money for the workfare and other packages for the poor? From you?Originally posted by maurizio13:They decrease the subsidies to reduce their own cost, but citizens still pay the same as before. Whatever it is, I think increasing the GST is a failure of policy.
ranting here always comes to noughtOriginally posted by maurizio13:There is a difference between talking about something (which will eventually come to nought) and doing something.
Would appreciate if you could provide some facts to support this.Originally posted by NotFromVenus:Strangely they will make more PR want to give up their citizenship and settle elsewhere to raise their children.
Somehow I got this feeling that you are just another whinning machine that is program to do only 1 thing, and that is whinning. Go get yourself a job and stop wasting your time in the forum. Start contributing to the singapore economy dude. OR are you still a student taking allowance from your parents?Originally posted by Wakus:funny to see...When gazelle starts to simply lose some grip on this thread, suddenly two "stalwarts" come saving...haha. Its just funny to see...Oxy and will...sheesh
Really dun bother replying, cause this thread is long enough. I won't answer of course, cause this thread has been reanswered and rejustified already...
Face the facts on the ground man, the roses may smell nice at the top, but have you tried going down below? Until you have, dont reply anymore. You're just adding to the humour and fun i've been having reading your entries gazelle...
I Quote this from my colleague who earns 3K a month as he is the only sole-breadwinner in the family of PRs ,Originally posted by Gazelle:Would appreciate if you could provide some facts to support this.
Have you ever consider that the purpose of the shift in policy is to close the loop hole, where PRs such as your colleagues family, can enjoy subsidize similar to Singaporeans while doing nothing to contribute to economy?Originally posted by NotFromVenus:I Quote this from my colleague who earns 3K a month as he is the only sole-breadwinner in the family of PRs ,
"I have three kids in school to feed , if their expenses is going to increase in the future, i'm considering if Singapore is a good place to stay longer."
Please note that there are a total of 5 PRs in his family. Please also note that he is pay rental for his lodging and also CPF contributions as PR.
I assure you that out of the 66.6%, a huge percentage of them are in the government sector. Silly as it sounds, most of them are afraid that voting for the government will have some detrimental effect on their iron rice bowl.Originally posted by oxford mushroom:You are talking about the vocal minority, not the silent 66% majority who voted for the government during the last election![]()
Yes afterall with the increase in PRs and foreigners, even a cut will not make much difference. They are staying in Singapore and thus helping in other ways. Smart move.Originally posted by will4:I think the govt is trying hard to help local n if u look at the recent decreased in subsidy for PR n foreigners.
Key word is proposed.Originally posted by Gazelle:plus the propose increase in employer CPF contribution
Considering that having 3 kids are liabilities and having the spouse looking after them is also Not "Contributing to the Economy", I wonder if this is that same reason that Singaporeans who are not earning even 3k Per Month does not want to have a Family?Originally posted by Gazelle:Have you ever consider that the purpose of the shift in policy is to close the loop hole, where PRs such as your colleagues family, can enjoy subsidize similar to Singaporeans while doing nothing to contribute to economy?
How about lowering the cost of HDBs in the first place? They are supposed to be some public housing scheme, not a profit making scheme? Even a slight reduction will result in families being able to reture the loan earlier, which translate to paying less interest to the banks.Originally posted by Gazelle:If you have more money going into your CPF, you will be able to use more of your CPF to pay for your housing loan instead of cash. Or you will be able to make bigger monthly payment to retire the loan earlier, which translate to paying less interest to the banks?
There is also a big difference between government speeches and what's happening in the real world.Originally posted by Gazelle:Just like there is a big difference between making things happen and waiting for things to happen
Yes interestingly they are just snatching excerpts from press releases. I think we should all get out of their elitist face. With people like Mr Wee in the MIW team, I shudder to think whether they think alike.Originally posted by Wakus:funny to see...When gazelle starts to simply lose some grip on this thread, suddenly two "stalwarts" come saving...haha. Its just funny to see...Oxy and will...sheesh
Really dun bother replying, cause this thread is long enough. I won't answer of course, cause this thread has been reanswered and rejustified already...
Face the facts on the ground man, the roses may smell nice at the top, but have you tried going down below? Until you have, dont reply anymore. You're just adding to the humour and fun i've been having reading your entries gazelle...
Similarly, when you insult nurses as people who wipe a**es, you've already ïmpress me a very caring and considerate soul. Perhaps you would like to rethink your values.Originally posted by Gazelle:Somehow I got this feeling that you are just another whinning machine that is program to do only 1 thing, and that is whinning. Go get yourself a job and stop wasting your time in the forum. Start contributing to the singapore economy dude. OR are you still a student taking allowance from your parents?
I have nothing to say to this hypocritism, on one hand you have nothing against foreign talents, now you say they are not contributing to economy. Does that not strenghten my point against the influx of FTs? Please explain.Originally posted by Gazelle:Have you ever consider that the purpose of the shift in policy is to close the loop hole, where PRs such as your colleagues family, can enjoy subsidize similar to Singaporeans while doing nothing to contribute to economy?