What are the factors affecting the next General Election?

In a July survey by Blackbox, 890 respondents were polled as to what their biggest concern would be for the next General elections.

Overall, costs of living was the biggest concern for Singaporeans with 48% saying that it was the most critical factor in the elections. The percentage was highest among middle-income households earning between $2,500 to $6,600 a month, with 58% deeming it to the biggest factor.

For low-income families, the figure was much lower at 50% while it stands at 42% for high income families earning more than $6,600 a month.

Although Blackbox’s Government Satisfaction Index portrays the general satisfaction with the government to be a healthy 79%, the costs of living factor stands at its lowest (54%) since its inception in June 2016.

PAP leaders claim they are doing their best and do not feel that costs of living are unreasonable

Even though more than half of Singaporeans are feeling the cost of living pressures, the PAP leaders seem to think that they are doing enough with their policies.

For example, DPM and Finance Minister Heng Swee Keat said in February that that the government is doing its best to keep the costs of living down. In this, Heng cited that low income families in Singapore are getting $4 in benefits for every $1 they pay in tax dollars. In addition, he also cited examples such as free education for Primary school students.

Meanwhile, PM Lee himself said during the last National Day Rally that “Our standards of living have gone up…. and this can put pressure on households.” He then cited examples on how mobile phones and milk powers are costing middle income families more, before suggesting measures such as using wi-fi while in public.

Nonetheless, it seems that the PAP government is not doing much to allay the concerns. For example, it was announced yesterday (4 Sep) that bus and MRT fares could increase by as much as 7% while they are also looking to raise the GST to 9% in the next term should they be re-elected.

In any case, it seems as though there is a big disconnect between what the ground feels and what leaders are telling us.

Other factors likely to influence the elections

The other factors that respondents thought could affect the elections were job security (19%), CPF (15%), health costs (15%) and housing affordability (11%) respectively.

What do you think?

 

 

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84 Responses to “What are the factors affecting the next General Election?”

  • TruBlu:

    i tell you differently.

    ONE STRONG OPPO ALLIANCE WILL MAKE A BIGLY DIFFERENCE!!!

    dont believe,TRY IT!

    JUST DO IT like NIKE says so wisely.

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  • Hopeless Ignorance:

    The MOST important issue is none of those mentioned in the article.

    It should be :

    Lack of Transparency in our reserves and investment losses using cpf.

    Without addressing this, a time bomb is ticking away.

    If the system of forced transparent,
    Accountability and Independence will be addressed automatic.

    Everything boils down to Transparency.

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  • BooLee Diamdiam Sue:

    Whether it’s the cost of living, job security, CPF, health cost or housing, they’re actually all due to the failures of the pap G.

    Whatever your concern, eligible voters should just vote for a change of G in the upcoming election in order to see genuine help from the G.

    Vote PSP, SDP, VP and WP except the toxic white party.

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  • Harder Truths:

    Only one factor controls the election – survival of local born as citizens or beggars.
    The rest are secondary.

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  • Gan Boh Yong:

    If the 70% understands lack of transparency means they are basing on trust and not transparency, then SG would become a better country by forcing for more transparency by sacking a few more yesmen and women.

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  • Where got so complicated?

    Only one factor nia, which is:

    FEAR

    *** F E A R ***

    .

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  • never voted pap:

    TRE Techie:
    Where got so complicated?

    Only one factor nia, which is:

    *** F E A R ***
    .

    Bro, you beat us to it.

    We had intended to say, do not outline logic, but outline fear.

    FEAR, 99.99% imagined, is the only thing separating having a true HONEST New Government in Singapore and the current bunch of pliantleement approved lying thieves.

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  • Don't be distracted by issues!:

    There is only one issue: PAP.

    Don’t be distracted by other issues. For example, don’t say HDB is an issue and then want more PAP MPs to solve it. That will be plain stewpig. They have been there for fifty years and still cannot solve it. You want some more “good years”?

    BooLee Diamdiam Sue:
    Whether it’s the cost of living, job security, CPF, health cost or housing, they’re actually all due to the failures of the pap G.

    Whatever your concern, eligible voters should just vote for a change of G in the upcoming election in order to see genuine help from the G.

    Vote PSP, SDP, VP and WP except the toxic white party.

    Gan Boh Yong:
    If the 70% understands lack of transparency means they are basing on trust and not transparency, then SG would become a better country by forcing for more transparency by sacking a few more yesmen and women.

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  • Credible Survey:

    Like any communist state.
    Read, Hear and say the right things.

    Must be dumb to read much into such survey.

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  • oxygen:

    I WORRY A LOT ABOUT WHERE THIS COUNTRY IS HEADING, not this fiacking rhetoric fart of fiction.

    HSK:low income families in Singapore are getting $4 in benefits for every $1 they pay in tax dollars

    Why hasn’t he told us that the poor paid a lot of taxes, including GST, constructing expensive expressways/viaducts, Garden by the Bay, Changi Jewels and airport which THEY ALMOST NEVER USED in their lifetime? A lot of park beautification of parks in luxury accommodation like Sentosa were spent out of tax money including those from lowest income earners.

    Dr Bilveer Singh, an Associate Professor at the National University of Singapore’s (NUS) Department of Political Science, is correct when he said these words about the election.

    :The longer you wait, the worse it will get for the PAP. The global environment and economy is bad. While there will still be support for the PAP in a bad economy, unemployment will still hurt them to some extent.

    http://theindependent.sg/pm-lee-will-be-facing-the-most-organised-opposition-in-a-long-time-at-next-ge-nus-assoc-prof/

    I HAVE COMPELLING APPREHENSION THAT THE ECONOMY HAS BEEN AND STILL IS BADLY MISMANAGED FOR DECADES NOW.

    How can so much money been STUPIDLY bundled up in brick-and-mortar artificial beauties of housing (and other supporting infrastructure) who values DWINDLES TO ZERO on lease expiry and locked in that is mortgage debt plus RETIREMENT SURVIVAL MONEY IN CPF buried in that same coffin.

    The retrenched and retired has no even survival money for food and healthcare NOW and GLOBAL ECONOMY IS IN DIRE STRAITS of collapse buried in debt too.

    IT IS A FAKE ECONOMY RESTING ON PROPERTY SPECULATION, not productive sectors generating employment and income to perpetuity.

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  • VTO common sense:

    Giving billions$ of tax payers money away, literally 1 million dollars a day for foreign students scholarship, neglecting and displacing own citizens of opportunities.

    Floating in foreign cheap degrees instantly unbalance own academic system, displacing own diploma, A level and ITE to nobody land.

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  • Went to Japan:

    Black box is sponsored by govt, they played govt tunes.

    Yahoo did survey for NDR and the number 1 concern of all Singaporeans is overwhelming “Foreign Immigration”!!!

    PAPPY is executing 10M plan, all the issues mentioned above are because of this number 1 concern.

    Next thing is FEAR, fear of voting against PAP…. this is the issue with daft timid sinkies.

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  • opposition dude:

    Keep giving them your votes you kiasees and keep watching your life get tougher.

    Then again, you dafts seem to enjoy it a lot too!

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  • GST Reminder, Hikes:

    What are the factors affecting the next General Election?

    The sudden release of news of the WP case and the non stop media broadcasts, continuous slamming and dishonoring of the Oppositions credibility to inflict fears and casting distrusts and doubts.

    Such techniques have been used before, you can ask CC.

    Reminders;

    HengSK was the one that said GST should be ……” 15 per cent, and there still would not be enough” as if 9% we must show our appreciation to them.

    Treating us like stupid. Amiable my foot with those fake smiles?…..

    https://www.todayonline.com/singapore/here-dpm-hengs-take-questions-environment-politics-and-taxes-0

    How much are you paying to the GST? [based on 80% spent], excluding all other taxes, tariffs and hikes;

    Take Home Pay Last 5 Yrs @ 7% Next 5 Yrs @ 9% Total Lost
    $1,000—————–$4,095———————–$5,265———————————-$9,360
    $1,500—————–$6,142.5——————$7,897.5————————-$14,040
    $2,000—————–$8,190——————–$10,530——————————–$18,720
    $2,500—————–$10,237.5————–$13,162.5————————$23,400
    $3,000—————–$12,285——————-$15,795—————————–$28,080
    $4,000—————–$16,380——————-$21,060—————————–$37,440
    $5,000—————–$20,475——————-$26,325—————————–$46,800
    $6,000—————–$24,570——————-$31,590—————————–$56,160
    $7,000—————–$28,665——————-$36,855—————————–$65,520
    $8,000—————–$32,760——————-$42,120—————————–$74,880

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  • Rabble-rouser:

    @ oxygen:
    There’s a lot of incoming adjustments, potential price resets which are going to be happening in the global economy in the coming days. It just that PM LHL isn’t affected by all these real world developments. He lives within his own bubble world which is very concerning.

    The very construct of his own cabinet including the 4Gs is extremely worrisone! They lack the “Tenth man” who can provide an alternative view or at least give objections!

    The sad thing to those who are discerning is that the S’pore political mechanism is becoming like line dancing (like those Country & Western style line dancing movements very popular with “Boh Tai Chee” retirees & housewives gathered in CCs to past time away) to the political tune being played.

    It’s Groupthink Mentality populated by Sycophants & “Beta” characters who all lined up on the same side & danced in a syncronised manner. And they get very defensive when threaten by those who innocently says something which often offended them (without constructively analyzing their criticisms). Things like POFMA!

    The Beautification of parks & landscapes with high maintenance cost; the incredible costs of White Elephants built with no regards to ROI, capital cost recovery nor any commercialisation purpose is something hard to fathom! At the very end, all these things probably serves to attract the unwary & unwitting foreigners like fireflies to a burning flame, a Venus Flytrap which seduces unwary insects into it’s maws with a sweet fragrance.

    Charles Schwab, a US discount stockbroker set up shop in S’pore in 2017, only to close it a scant 2 years later! They were drawn probably by the high GDP per capita numbers as well as the surfeit of billionaire living on the island. It turned out to be an illusion!

    Already, developed economies are closing their gates to emigration & casting out deplorables & undesirables through a myraid of border protection, homeland security laws & regulations.

    Australian federal & state govts already facing a funding shortfall over urgent infrastructural needs to alleviate housing shortages, built roads bypass to reduce traffic congestion, build more rail networks & stations, etc. And this comes after decades of unbridled immigration intake which helped to propel Australia’s period of unstoppable economic growth & one of the longest uninterrupted economic growth country in the world!

    oxygen: How can so much money been STUPIDLY bundled up in brick-and-mortar artificial beauties of housing (and other supporting infrastructure)

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  • TruBlu:

    Too many to mention.
    Too many good n honest sgs are suffering.
    From poverty to decency by Old Guard leaders.
    From DECENCY back to poverty by lee ah long.

    Thats the REAL KPI.
    Forget Jewel$,they are onpy good to see but cannot feed the hungry.

    Stop wasting our money.

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  • Look at the statistics:

    @Oxygen
    //
    Why hasn’t he told us that the poor paid a lot of taxes, including GST, constructing expensive expressways/viaducts, Garden by the Bay, Changi Jewels and airport which THEY ALMOST NEVER USED in their lifetime? A lot of park beautification of parks in luxury accommodation like Sentosa were spent out of tax money including those from lowest income earners.//
    //
    IT IS A FAKE ECONOMY RESTING ON PROPERTY SPECULATION, not productive sectors generating employment and income to perpetuity.//

    Did you do your homework before you wrote?
    Look at the statistics.
    Construction make up 3.4% of our economy.

    https://www.singstat.gov.sg/modules/infographics/economy
    Lack of natural tourist attractions.We still able to attract 18.5 millions tourists last year.
    So all those tourists attractions we built are white elephant?

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  • Look at the statistics:

    Sorry correction
    Despite lack of natural tourist attractions .

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  • Statistics lie:

    Please, the number is for international visitor arrival.

    All the foreign workers and their families will count here, every time they leave and enter the country. Malaysians go home, come in, count again.
    All foreigners dropping in to look for jobs (steal our lunches) count here.

    Look at the statistics: https://www.singstat.gov.sg/modules/infographics/economy
    Lack of natural tourist attractions.We still able to attract 18.5 millions tourists last year.
    So all those tourists attractions we built are white elephant?

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  • The Educated Dafts:

    The only crucial factor is whether if dafts are dreaming or awake when voting.

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  • oxygen:

    @ Look at the statistics

    EXACTLY RIGHT, LOOK AT THE STATISTICS – Without Changi Jewel and your own admission of “despite the lack of natural attractions”, LEE-jiapore still attract 18.5 million tourists.

    THOSE TOURISTS DON’T COME ALL THE WAY JUST TO SEE AND SHOP IN SINGAPORE – they were transiting to Bali, Bangkok, HK, Abu Dhabi, Europe or Australia if they originates from up north.

    The construction of artificial beauties adds little to this traffic. Orchard Road is red-light district at night.

    Look at the statistics: Did you do your homework before you wrote?
    Look at the statistics.
    Construction make up 3.4% of our economy.

    https://www.singstat.gov.sg/modules/infographics/economy
    Lack of natural tourist attractions.We still able to attract 18.5 millions tourists last year.
    So all those tourists attractions we built are white elephant?

    And every time economy tanks, PAPpynomics will get into fiscal stimulus spending or even subsidising employer’s wage bills momentarily, these adds little to enduring economic benefits – THERE IS NO STRUCTURAL CHANGE OF GROWTH DYNAMICS AND ECONOMIC STRATEGIES.

    How many times have “economic strategies committee” formed and warned in their findings that reliance on cheap foreign labor influx is unsustainable? I lost count of how many of these report went into the economic museum to collect dusts.

    The rhetorics of poor getting $4 in benefits for every dollar of tax paid is just FART OF FICTION.

    YES EXACTLY THAT – FART OF FICTION.

    You might as well tells me the bankrupt paid no taxes and got infinite amount of benefits for story-telling.

    AND SET THE RECORD STRAIGHT, BOTH CPF AND HDB IS BACKDOOR TAX. For the lower income group, this is ONEROUS OF WEALTH EXTRACTION – their CPF returns saw a life-time of compressed return with no bearing to market rates. For public housing, they paid for land and still is tenant on a 99-yr leasehold of no ownership at all. If there is ownership, they could en bloc like rich high income earners who bought condos.

    SO PLEASE PLEASE PLEASE STUDY YOUR STATISTICS AND BE HONEST WITH STATISTICAL INTERPRETATION TOO.

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  • Spineless Sinkie Syndrome:

    Blackbox is a PAP-mouthpiece outfitted with many FTs directors, doing their part as “Foreign Influencers” to promote the globalist agenda here.

    In any survey, the types of questions NOT asked is often more telling than what is being asked in the questionnaire.

    In other words, you can DRIVE the conversation in the direction you want with a plainly BIASED survey.

    TR editors, If you want to post survey results, make sure you share the original survey questionnaire & methodology too, otherwise all the conclusions are just propaganda feedstock, which you are inadvertently promoting.
    As the saying goes, garbage Input gives garbage Output.

    For example, I can list the obvious “concerns”/factors affecting next GE as:
    A) Cost of Living
    B) Employment prospects
    C) Housing affordability
    etc.

    but AVOID, for obvious political reasons, listing options such as:
    X) Loss of confidence in the incumbent gov?
    Y) Poor vision of the current leaders?
    Z) Nepotism or Cronyism in the incumbent system?
    etc.

    ALL these I can intentionally omit in the survey questionnaire but only give the other more mundane options or selections. Even if I put an “Others” line for an open-ended fill-in-the-blanks box, do you think most people will want to waste time writing long sentences for a survey??

    Therefore, when I publish the results, it would seem that no one is concerned at all with X, Y, Z but everyone is focused only on A B C. Ha!

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  • We create our History:

    TRE Techie:
    Where got so complicated?

    Only one factor nia, which is:

    *** F E A R ***
    .
    History does not come from others.
    It comes from us.
    We Make History.
    History is what we create of it.

    Be a Joshua Cheng
    https://mobile.twitter.com/fikrie/statuses/1170163277944373249/blockquote>

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  • NotMyProblem:

    TRE Techie:
    Where got so complicated?

    Only one factor nia, which is:

    *** F E A R ***
    .

    FEAR of WHAT? Hong Kongers fight for their future facing tear gas, pepper spray, rubber bullet, jail and torture. Even Hong Konger females were not afraid.

    Don’t forget SG’s men are NS trained. We fire real bullet, drove real tanks. We are supposed to be toughened. We only need to put a cross on a piece of paper and we FEAR, WTF!!!!

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  • oxygen:

    @ Rabble-rouser

    YES REALLY SAD, EXCESSIVE BUTT SHAKING causes permanent brain damage to those old uncles and housewives obsessed with line dancing – leaving most of them politically de-sensitized and economically asleep of global change.

    Rabble-rouser: The sad thing to those who are discerning is that the S’pore political mechanism is becoming like line dancing (like those Country & Western style line dancing movements very popular with “Boh Tai Chee” retirees & housewives gathered in CCs to past time away) to the political tune being played.

    It’s Groupthink Mentality populated by Sycophants & “Beta” characters who all lined up on the same side & danced in a syncronised manner. And they get very defensive when threaten by those who innocently says something which often offended them (without constructively analyzing their criticisms). Things like POFMA!

    THEY HAVE NO CLUE OF HOW THEIR BEHAVIOR CONTRIBUTE TO THE DESTRUCTION OF THEIR OWN CHILDREN GENERATION SURVIVAL CHANCES AND THE NATION.

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  • TL Tan:

    The biggest factor, like anywhere else, will be the economy. Although our GDP figures are softening, people are well aware this is due to the ongoing US-China trade conflict. It has nothing to do with our government. In fact, the measures our government has taken can only strengthen our economy in the long term. Our educational institutions (NUS/NTU) continue to climb up the global rankings and because of our funding, we are able to attract the best academics and researchers over here. This can only help Singapore in our push towards AI and machine learning. Our low taxes and high quality of life continue to attract the brightest minds in the world. Equally important, our employment market remains resilient, with high salaries and good bonuses. The US-China trade conflict is nothing but a blip in our path towards an innovative nation.

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  • Land of Ostriches:

    Singaporeans ranks second most afraid of voicing political opinions according to a ranking by world class Reuters institute which surveyed 30 countries. Turkey ranked the worst. SG ranked second worst.

    A population ruled by fear at the expense of nurturing or cultivating a TIMID population easily INTIMIDATED.

    What is the price to pay for this easily ruled populace?

    I don’t know. What do you think?
    1. Do Singaporeans dare to fight in a war if during peace times, they do not dare to even voice political opinions?

    2. What happened to the macho in our men? Being afraid is nothing to do with being macho?

    3. Is SG a democracy?
    Do Singaporeans believe in democracy?
    Do Singaporeans know that for democracy to exist, People must not be Cowed by Fear?

    4. Who is the Humble Servant and who is the Master?

    Enough said.

    Ostriches, you need to step out of your closet and be the Lion that you can be.

    Remember balls is from yourselves and no one can give you the balls you need to be a lion. No excuses suffice.

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  • oxygen:

    @ TL Tan

    YET ANOTHER PAGE of your shallow pandering to facile fiction – your usual.

    TL Tan: The biggest factor, like anywhere else, will be the economy. Although our GDP figures are softening, people are well aware this is due to the ongoing US-China trade conflict. It has nothing to do with our government. In fact, the measures our government has taken can only strengthen our economy in the long term. Our educational institutions (NUS/NTU) continue to climb up the global rankings and because of our funding, we are able to attract the best academics and researchers over here. This can only help Singapore in our push towards AI and machine learning. Our low taxes and high quality of life continue to attract the brightest minds in the world. Equally important, our employment market remains resilient, with high salaries and good bonuses. The US-China trade conflict is nothing but a blip in our path towards an innovative nation.

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  • IB are prostitutes and traitor:

    TL Tan:
    The biggest factor, like anywhere else, will be the economy. Although our GDP figures are softening, people are well aware this is due to the ongoing US-China trade conflict. It has nothing to do with our government. In fact, the measures our government has taken can only strengthen our economy in the long term. Our educational institutions (NUS/NTU) continue to climb up the global rankings and because of our funding, we are able to attract the best academics and researchers over here. This can only help Singapore in our push towards AI and machine learning. Our low taxes and high quality of life continue to attract the brightest minds in the world. Equally important, our employment market remains resilient, with high salaries and good bonuses. The US-China trade conflict is nothing but a blip in our path towards an innovative nation.

    Name one world greatest invention achieved by your so-called “best academics and researchers”.

    Nothing.

    You also know nothing about gdp and has never audited the GDP. What has spewed from your orifice is merely a biased uneducated ejaculation of filth manifested by your misguided mind.

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  • Look at statistics:

    @Oxygen
    //
    And every time economy tanks, PAPpynomics will get into fiscal stimulus spending or even subsidising employer’s wage bills momentarily, these adds little to enduring economic benefits – THERE IS NO STRUCTURAL CHANGE OF GROWTH DYNAMICS AND ECONOMIC STRATEGIES.
    How many times have “economic strategies committee” formed and warned in their findings that reliance on cheap foreign labor influx is unsustainable? I lost count of how many of these report went into the economic museum to collect dusts.//

    Singapore is only 700sq km and have 3.5 million citizens to take care of.We are only blessed with a strategic location.
    So we capitalise on what we are blessed with that’s a right decision.
    Just look at our half century of progress explain the decision is precise.
    Low unemployment,Singaporean are able to go overseas for holidays.Food courts & famous restaurant are always packed ,almost every family owned their home.Expensive cars is everywhere on the road and many more……
    So what structural change?
    Talk is easy, remember we have 3.5 million citizens to feed. We can’t make mistakes.
    However over the decades we have keep transforming our economy to stay relevant .
    Now with a turbulence world economic system we might have to find a new way to make a living.

    So to make this tiny country work we need double effort.
    So is it a easy job?

    //
    AND SET THE RECORD STRAIGHT, BOTH CPF AND HDB IS BACKDOOR TAX. For the lower income group, this is ONEROUS OF WEALTH EXTRACTION – their CPF returns saw a life-time of compressed return with no bearing to market rates. For public housing, they paid for land and still is tenant on a 99-yr leasehold of no ownership at all. If there is ownership, they could en bloc like rich high income earners who bought condos.
    SO PLEASE PLEASE PLEASE STUDY YOUR STATISTICS AND BE HONEST WITH STATISTICAL INTERPRETATION TOO.///

    CPF is an excellent saving scheme. HDB charges home buyers 0.1 percent above CPF rate.
    If CPF members are paid for example 10% interests rates then HDB will charge 10.01% on home buyers. Then many will not be able to own their home.
    And the government has said before. HDB is for us to stay, not for us to flip to make profits.
    Anyway if you buy a BTO from HDB, after 5 years you still can make a profit if you sell it in the open market.
    Recently there are HDB transactions above 1 million dollars, so if it’s not worth the value will Singaporeans buy ?

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  • Look at statistics:

    @statistics lie
    //Please, the number is for international visitor arrival.
    All the foreign workers and their families will count here, every time they leave and enter the country. Malaysians go home, come in, count again.
    All foreigners dropping in to look for jobs (steal our lunches) count here.//

    @oxygen
    Look at this
    https://www.todayonline.com/singapore/visitor-arrivals-hit-record-high-2018-while-tourism-spending-rose-1-stb

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  • Smart voter:

    Biggest factor is nowdays young generation Singaporean citizens take thing granted, think our good life will carry on forever and never stop. Without good, honest, see far and competent pap government, our success will end. Singapore port will close, financial district will go china, factory will go vietnam, hi tech will move india, service go batam Indonesia.

    HK is good eg remind our young generation. Just only return china 20 yr of enjoy democracy, so fast their young students forget how their ancestors suffer 100 yr under British rule! They riot, strike, don’t study and burn thing in road!

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  • Alianz got made use of:

    Boundaires are cut up to favor PAP, any independt evaultor to assess their work? International, else we know its cut up for PAP to win.

    Allianz Global and Corporate Specialty, is an errant employer, please avoid their insurance products at all cos! They work with brokers and Standard Chartered Bank, do not allow errant employers to earn profit into their fat pockets!

    https://www.agcs.allianz.com/

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  • oxygen:

    @ Look at statistics

    MATE, I REALLY FEEL SORRY FOR YOUR BLIND VISION but also equally confused if it was in fact your ignorance or arrogance or mendacity for hypocrisy or synthesis of all of that.

    Here is some obvious detachment of yours from reality.

    Look at statistics: Just look at our half century of progress explain the decision is precise.

    DID THE REST OF THE WORLD STANDSTILL in the last 50 years?

    https://aboutkazakhstan.com/blog/cities/the-beauty-of-kazakhstan-capital-city/

    I really feel sorry for a toad in the well, seemingly.

    Look at statistics: Low unemployment,Singaporean are able to go overseas for holidays.Food courts & famous restaurant are always packed,…

    I saw peasant old man sleeping in a abandoned pig sty with only partial roof cover in Meizhou – this contrast with a Orchard Road-class luxury condo as guest in Tianhe in Guangzhou and the apartment I rent in Shanghai for months.
    In HK, every famous restaurant are always packed too (just like in GZ, Shanghai, Suzhou, Xiamen etc etc) but the riots in HK now speaks to this reality.

    How Hong Kong’s Sky-High Home Prices Feed the Unrest

    https://www.washingtonpost.com/business/how-hong-kongs-sky-high-home-prices-feed-the-unrest/2019/09/08/b6697118-d2a7-11e9-8924-1db7dac797fb_story.html?noredirect=on

    I feel VERY SAD for their broken society and economy built on architectural beauties.

    Look at statistics: almost every family owned their home.Expensive cars is everywhere on the road and many more……

    Ask those in the law profession the substantial implication of the Bridges vs Hawkesworth case law if HDB buyers own their home or it is a decaying lease.

    It is too hard to explain to you in this thread from me. Sorry for that.

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  • oxygen:

    @ Look at statistics.

    And this shocker from you. YOU OBVIOUSLY DETACHED FROM the subject matter of development economics.

    Look at statistics: So what structural change?

    BETTER you go on your own and read various ECONOMICS STRATEGIES COMMITTEE report published by the Government in 2008, 2011, and i believe 2017 (called Committee for future economy) , no less, on why they in recommendation of policy changes to structural economics warned the risks/dangers of relying forever on cheap foreign labor to sustain this economy’s survival.

    I CAN’T READ THEM ON YOUR BEHALF HERE. They should be available in Singapore national library.

    ENJOY!!!

    But i take consolation and joy that you admitted the current economic model is not viable and needs to change.

    Look at statistics: Now with a turbulence world economic system we might have to find a new way to make a living.

    IS THIS IMPLICIT BENIGN CONFESSION FROM YOU – no less – that our economy NEEDS TO RESTRUCTURE from its current outmoded irrelevance – exactly as I wrote of “STRUCTURAL CHANGE” which you moaned and groaned as if it is my fictional creation??

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  • oxygen:

    @ Look at statistics

    MATE, I DON’T KNOW WHETHER TO LAUGH OR CRY when you quoted this weblink support back to me.

    Look at statistics: @oxygen
    Look at this
    https://www.todayonline.com/singapore/visitor-arrivals-hit-record-high-2018-while-tourism-spending-rose-1-stb

    I honestly read it and discover these facts from your weblink information.

    :In its Year-In-Review for 2018 released on Wednesday (Feb 13), the Singapore Tourism Board (STB) said total visitor arrivals for 2018 hit 18.5 million, up 6.2 per cent from 2017……..Meanwhile, preliminary estimates for tourism receipts (TR) for last year showed a 1 per cent increase from 2017 to S$27.1 billion, as a drop in shopping, accommodation, and food and beverage spending was offset by higher spending in sightseeing, entertainment and gaming

    6.2 PER CENT GAIN ON ARRIVAL brought only 1% increase in spending.

    WHAT IS THE MARGINAL RATE OF RETURN ON INVESTMENT? Build Changi airport terminal 5 to 10 and get maybe another 2% increase in tourism spending?

    No wonder Changi Jewel is white elephant so fast and Orchard Road accommodation take decreasing and becoming a red-light district after dark.

    IS THIS THE KIND OF ECONOMY WE WANT TO FORGE AND SUSTAIN of our future economic pillar BESIDES THE CESSPOOL PIT MODEL OF POPULATION RECYCLING ECONOMICS OF OVERPOPULATION, NO JOBS BUT LOTS OF ARTIFICIAL BEAUTIES??

    Will you, PLEASE PLEASE PLEASE be honest with statistics and reality?

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  • oxygen:

    @ Look at statistics.

    THIS ONE IS ENTIRELY YOUR FART OF FICTION – any economist will tell you this reality – a housing borrowing rate of 10% per annum is ALREADY CRASHED BURNT ECONOMY.

    Look at statistics: If CPF members are paid for example 10% interests rates then HDB will charge 10.01% on home buyers. Then many will not be able to own their home.

    FYI, the US 30 yr bond yield is sub-2% now in contrast.And the long-term US GDP growth pre-GFC is around 3.2% and post GFC around 2% per annum. If housing loan exceeds 2% rate (and national income generation as a proxy measure), how can affordability not an impossibility for most of its inhabitants???

    PLEASE EXPLAIN.

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  • No more chances left:

    if we sgs dont fight for our future and our country , then we cant complain when we lose it to mils of aliens who are only too happy n willing to take our place.
    stop allowing fear to rule..

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  • Statistics lie:

    That Today report only confirm what I said.
    Arrivals up double digit. (all the foreign worker families and potential foreign workers)
    Tourism spending up only 1%. By international standards, this includes airfare. So real spending inside Singapore drops!

    So much for your “increase in tourists”.

    Look at statistics:
    @statistics lie
    //Please, the number is for international visitor arrival.
    All the foreign workers and their families will count here, every time they leave and enter the country. Malaysians go home, come in, count again.
    All foreigners dropping in to look for jobs (steal our lunches) count here.//

    @oxygen
    Look at this
    https://www.todayonline.com/singapore/visitor-arrivals-hit-record-high-2018-while-tourism-spending-rose-1-stb

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  • Rabble-rouser:

    @ oxygen, Statistics lie:
    In response to @ “Look at statistics”, as far back as 1992 after Alwyn Young published his data findings on S’pore titled “A Tale of Two Cities: Factor Accumulation and Technical Change in Hong Kong and Singapore”. Read it!

    This was followed by eminent US Economist Robert Krugman with his 1994 paper, “The Myth of Asia’s Miracle” where he outlined S’pore’s so called miracle: “Lee Kuan Yew’s model of appropriating domestic savings, championing state-linked companies and steering the workforce into moderate-paying jobs “would have done Stalin proud,” but would ultimately prove unsustainable.

    The fallout from that unsustainability is now the biggest challenge facing the younger Lee. Efforts to recalibrate the engines of growth away from demographics to greater productivity and innovation are not doing Singaporeans proud.” Excerpt by William Pesek.

    The most damning remark from him was “Lee’s son has yet to come up with a compelling vision.” Ouch!

    https://asia.nikkei.com/Politics/William-Pesek-The-formula-for-Singapore-s-rise-has-passed-its-best-by-date

    oxygen: And every time economy tanks, PAPpynomics will get into fiscal stimulus spending or even subsidising employer’s wage bills momentarily, these adds little to enduring economic benefits – THERE IS NO STRUCTURAL CHANGE OF GROWTH DYNAMICS AND ECONOMIC STRATEGIES.

    How many times have “economic strategies committee” formed and warned in their findings that reliance on cheap foreign labor influx is unsustainable? I lost count of how many of these report went into the economic museum to collect dusts.

    Time & time again, I have constantly said that the PAP govt have already breached the Economic Laws of Diminishing Returns! Lo & behold, 6.2% gains on arrival numbers but only a 1% spending increase confirms my observation.

    Methinks that Jewels & Terminal 5-10 would probably generate negative returns once debt funding costs are added on. This merely confirms the truth about “White Elephants” existing in S’pore. *sic* The recent Greater Southern Waterfront redevelopment will be another Grandiose spending but ultimately worthless pursuit.

    All the Infrastructural Spending by the PAP can’t extend the economic game anymore. It leaves a legacy of Debts!

    oxygen: 6.2 PER CENT GAIN ON ARRIVAL brought only 1% increase in spending.

    WHAT IS THE MARGINAL RATE OF RETURN ON INVESTMENT? Build Changi airport terminal 5 to 10 and get maybe another 2% increase in tourism spending?

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  • Another gov idea to con people:

    Look at statistics: If CPF members are paid for example 10% interests rates then HDB will charge 10.01% on home buyers. Then many will not be able to own their home.

    Why must HDB interest be 0.1% higher than CPF?

    If the gov do a good investment and trustee duty, and return 10% to CPF members, why should HDB interest be 10.1%

    There is no relationship between a good long term pension fund investment from CPF money (people money), and the loan interest for HDB (gov) money. Anyway, people can easily get loans from banks at much lower than 10%.

    This is another gov idea to scare Singaporeans. Wow, we can give you 20% CPF, but HDB interest will be 20.1%. 70% Singaporeans start to Pee And Poo.

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  • TruBlu:

    Building *JEWEL$* to attract tourists here will not add to long-term development of our ailing economy.

    It is plain myopic n $illy waste of public money that can be channelled to better use.
    We should spend money on improving our PEOPLE RESOURCE,OUR HUMAN CAPITAL N SMEs.
    Even HP started in a garage of sorts?

    Building jewels is like feeding a patient with panadol,it only helps to remove the *pain* temporarily.It will not solve the problem.

    Our $cholars like to build facades to look good only.
    Even *chasing that rainbow* only sounds good but nothing more?

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  • Look at statistics:

    @oxygen
    //
    //Time & time again, I have constantly said that the PAP govt have already breached the Economic Laws of Diminishing Returns! Lo & behold, 6.2% gains on arrival numbers but only a 1% spending increase confirms my observation.
    Methinks that Jewels & Terminal 5-10 would probably generate negative returns once debt funding costs are added on. This merely confirms the truth about “White Elephants” existing in S’pore. *sic* The recent Greater Southern Waterfront redevelopment will be another Grandiose spending but ultimately worthless pursuit.
    All the Infrastructural Spending by the PAP can’t extend the economic game anymore. It leaves a legacy of Debts!//

    Diminish return???
    We take Wikipedia figure our tourist receipts matched Asia pacific standards.
    https://en.m.wikipedia.org/wiki/World_Tourism_rankings

    If we take the ST reported even more impressive.
    https://www.straitstimes.com/singapore/singapore-is-2nd-most-visited-city-in-asia-pacific-5th-in-the-world-mastercard

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  • Look at statistics:

    @another gov idea to con people
    //Why must HDB interest be 0.1% higher than CPF?
    If the gov do a good investment and trustee duty, and return 10% to CPF members, why should HDB interest be 10.1%
    There is no relationship between a good long term pension fund investment from CPF money (people money), and the loan interest for HDB (gov) money. Anyway, people can easily get loans from banks at much lower than 10%.
    This is another gov idea to scare Singaporeans. Wow, we can give you 20% CPF, but HDB interest will be 20.1%. 70% Singaporeans start to Pee And Poo.///

    There’s no 10% housing loan now.I just used 10% figure to illustrate if high interest rate many home buyers could ill afford.
    https://www.hdb.gov.sg/cs/infoweb/residential/servicing-your-hdb-loan/mortgage-loan/interest-rate

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  • Python 5:

    Look at the statistics: IT IS A FAKE ECONOMY RESTING ON PROPERTY SPECULATION

    sentosa cove is dead. they gonna to revive another round of artificial property boost using the tanjong pagar and pasir panjang waterfront housing. those are going to be another sentosa cove in the making.

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  • oxygen:

    @ Another gov idea to con people:

    MATE, the writer @ look at statistics IS BLIND OF STATISTICS – TOTAL BLINDNESS!!!

    If he/she borrows from HDB a $200K loan at just 10% interest per annum spread over 30 years compunding. His interest cost alone over that period is $3,489,800.

    That is $200,000 X 17.449. And what is 17.449? It is $1 earning 10 per cent interest compounded over 30 years i.e. you put $1 in a bank and forget it for 30 years, it keeps earning 10% interest per annum and after 30 years, you see $17.449 in your bank balance.

    @ LOOK AT STATISTICS can easily verify the truth or falsity of my claim above by looking at the compounding table or check it on internet googling.

    THAT IS TO SAY @ look at statistics must sell his 30-YR HDB ABOVE $3,489,800 TO RECOUP anything above his interest financing costs!!

    Another gov idea to con people: There is no relationship between a good long term pension fund investment from CPF money (people money), and the loan interest for HDB (gov) money. Anyway, people can easily get loans from banks at much lower than 10%

    Does @look at statistics expects to sell his 30-yr HDB bought at whatever price above $3.489 million?

    He might be very lucky to find a GOONDU BUYER paying him only $348K after 30 years and ZERO DOLLAR AT EXPIRY.

    THAT IS WHY I WROTE TO REBUT HIS GUTTER NONSENSE with this post.

    oxygen: @ Look at statistics.

    THIS ONE IS ENTIRELY YOUR FART OF FICTION – any economist will tell you this reality – a housing borrowing rate of 10% per annum is ALREADY CRASHED BURNT ECONOMY.

    @ look at statistic is LUDICROUSLY NAIVE. If the GDP growth is 2% (as a proxy measure of income gain), how can anybody afford a 10% interest charge on his mortgage for any significant extent of time???

    oxygen: . If housing loan exceeds 2% rate (and national income generation as a proxy measure), how can affordability not an impossibility for most of its inhabitants???

    PLEASE EXPLAIN.

    @ LOOK AT STATISTICS have GONE INTO MUTE OF SILENCE of his/her COMPLETELY STUPID ECONOMICS!!!

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  • oxygen:

    @ Another gov idea to con people:

    EVER THOUGHT FOR ONE MOMENT that I am correct that A LOT OF PAPpy die-hardcore ARE TOO STUPID TO EVEN BEGIN TO DISCOVER THEY ARE STUPID TO IMPOSSIBILITY?

    The Dunning-Kruger effect is a truthful phenomena.

    How can anyone claims 6.2% gain in traffic resulting in a 1% gain in spending is “proof” that our artificial beauties are attracting “tourism” growth?

    I STRONGLY SUSPECT THAT A LOT OF THESE “TOURISM” growth are cheap foreign “chickens” from Indonesia, India, Thailand, Laos, Vietnam, Philippines and China who flew in on budget discounted fare and moonlighting for exotic fares and staying in cheap budget hotels sharing.

    THEY ADD NOTHING TO OUR SUSTAINING ECONOMIC FUTURE!!!

    @ Look at statistic’s writing is COMPLETELY IDIOTIC.

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  • oxygen:

    @ Look at statistics

    SO YOU NOW “CONFESSED” to KNOWINGLY constructing false exaggeration or strawman fiction TO ADVANCE AN UNSUPPORTABLE TENET on this debating floor?

    Look at statistics: There’s no 10% housing loan now.I just used 10% figure to illustrate if high interest rate many home buyers could ill afford.
    https://www.hdb.gov.sg/cs/infoweb/residential/servicing-your-hdb-loan/mortgage-loan/interest-rate

    DON’T YOU THINK THAT IS PRETTY GRUBBY BEHAVIOR ON THE DEBATING FLOOR?

    That is exactly why I lambasted you here.

    oxygen: @ Look at statistics.

    THIS ONE IS ENTIRELY YOUR FART OF FICTION – any economist will tell you this reality – a housing borrowing rate of 10% per annum is ALREADY CRASHED BURNT ECONOMY.

    And supply the LUDICROUS LUNACY OF YOUR ECONOMIC/FINANCE ILLOGIC HERE.

    oxygen: the writer @ look at statistics IS BLIND OF STATISTICS – TOTAL BLINDNESS!!!

    If he/she borrows from HDB a $200K loan at just 10% interest per annum spread over 30 years compunding. His interest cost alone over that period is $3,489,800.

    That is $200,000 X 17.449. And what is 17.449? It is $1 earning 10 per cent interest compounded over 30 years i.e. you put $1 in a bank and forget it for 30 years, it keeps earning 10% interest per annum and after 30 years, you see $17.449 in your bank balance.

    @ LOOK AT STATISTICS can easily verify the truth or falsity of my claim above by looking at the compounding table or check it on internet googling.

    THAT IS TO SAY @ look at statistics must sell his 30-YR HDB ABOVE $3,489,800 TO RECOUP anything above his interest financing costs!!……..Does @look at statistics expects to sell his 30-yr HDB bought at whatever price above $3.489 million?

    He might be very lucky to find a GOONDU BUYER paying him only $348K after 30 years and ZERO DOLLAR AT EXPIRY.

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  • oxygen:

    @ look at statistics

    MATE, FRANKLY, ME THINKS you can consider changing your moniker to LOSS IN STATISTICS.

    Your use of expletive – IMPRESSIVE – is negative correlated with the evidence you supplied. That is to say, it is FULL of WINDY HAPPY CONTRADICTION.

    Singapore is 2nd most visited city in Asia-Pacific, 5th in the world: Mastercard

    https://www.straitstimes.com/singapore/singapore-is-2nd-most-visited-city-in-asia-pacific-5th-in-the-world-mastercard

    REALLY???

    ST said we got 14 million visitors.

    Now look at the other weblink you supplied.

    https://en.m.wikipedia.org/wiki/World_Tourism_rankings

    It says China received 62.9 million visitors and THAILAND RECEIVED 38.3 MILLION TOURISTS.

    Every foreigners visiting China would go through Shanghai, Beijing or Guangzhou or would have visited one, two or three Chinese cities.

    What chances of Beijing, Shanghai and Guangzhou having at least 40 million visitors compared to Singapore meagre 14 million?

    I would say, HK, Beijing, Shanghai, Guangzhou and Bangkok and almost certainly Tokyo, Seoul has FAR MORE VISITORS than Singapore.

    MATE, YOU ARE EITHER BLIND OR LOSS OF STATISTICS than a truly blind sotong PROBABLY CONSUMED ENTIRELY BY YOUR OBSESSION OF EXPLETIVE READS OF PAPpys news publishing.

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  • Allianz kena use:

    If WP still keen in holding a GRC, they better perform better, with more energy just when they took it away from PAP, else PAP gonna take it back.
    Allianz Global and Corporate Specialty, is an errant employer, please avoid their insurance products at all cost! They work with brokers and Standard Chartered Bank, do not allow errant employers to earn profit into their fat pockets!

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  • Look at statistics:

    @Oxygen
    //
    //But i take consolation and joy that you admitted the current economic model is not viable and needs to change.
    Look at statistics: Now with a turbulence world economic system we might have to find a new way to make a living.
    IS THIS IMPLICIT BENIGN CONFESSION FROM YOU – no less – that our economy NEEDS TO RESTRUCTURE from its current outmoded irrelevance – exactly as I wrote of “STRUCTURAL CHANGE” which you moaned and groaned as if it is my fictional creation??//

    Our strategic location have served us well for the last half a century and until today we are still fine. Why do we need to have structural changes?
    What I meant is due to the turbulent world economic system, instead of our traditional markets, we need to diversify to more non-traditional markets to broaden our markets.
    That’s what I mean find a new way to make a living.

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  • Rabble-rouser:

    @ Look at statistics:
    Putting 2 link to articles will never rebut my assertions that the drive for tourists growth numbers (6.2%) & the correlated spending effect (1%, Lol!) is a diminishing return. Which part of my argument you don’t understand?

    You have to do better than that if you want to have an ounce of credibility in TRE forum. Otherwise, you’re just a 50 cent per post IB.

    Look at statistics: Diminish return???
    We take Wikipedia figure our tourist receipts matched Asia pacific standards.
    https://en.m.wikipedia.org/wiki/World_Tourism_rankings

    If we take the ST reported even more impressive.
    https://www.straitstimes.com/singapore/singapore-is-2nd-most-visited-city-in-asia-pacific-5th-in-the-world-mastercard

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  • trublu:

    @Look at statistics:
    September 13, 2019 at 12:32 am (Quote)

    Our strategic location have served us well for the last half a century and until today we are still fine. Why do we need to have structural changes?
    What I meant is due to the turbulent world economic system, instead of our traditional markets, we need to diversify to more non-traditional markets to broaden our markets.
    That’s what I mean find a new way to make a living.
    ——————————————————————————

    ‘…make a living….’ for whom???
    bring in more FTs(scavengers) to replace more sgs.
    meanwhile,collect more money from peasants with all sorts of schemes.
    even ordinary sgs’ RETIREMENT has been sucked???
    WTF,WHAT KIND OF A GOVT DOES THIS???

    OUR BLINKING $CHOLARS know next to nothing in truth.
    the fact is they are merely groping blindly.

    look at GIC N TH,where they investing?
    in other people’s too big to fail banks n companies?

    meanwhile,screw your own local like HYFLUX instead of lending a hand?

    build more jewel$$$ is so-called ‘future planning’?

    even my seven year old grand-nephew knows better.

    NO MONEY TO ASSIST THOSE sgs they RENDERED JOBLESS N PENNILESS(NO INCOME,NO CPF AND PRETENTIOUS MERDEKA BAGGAGE?).

    NO MORE CRAPS,ENOUGH IS ENOUGH.

    YOU WANNA PLAY MASAK-MASAK,GO TO TOYS R US???

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  • oxygen:

    @ Look at statistics

    MATE, YOU REALLY GOT OF YOUR KNICKERS IN A KNOT – if our so-called “strategic” location is of enduring and evolving value OF YOUR LOUD BOASTING HERE, how come 14 million visitors SAID TO BE AN INCREASE OF 6.2% in incoming traffic (ranging from prostitutes to sightseers to business entrepreneurs) IS ONLY ADDING TO A INCREASE OF JUST 1% OF SPENDING AGGREGATE VALUE??

    What enduring production of goods and services we offered them to open up their wallets?

    THERE ISN’T ANY, SO YOUR FACILE NARRATIVE BELOW IS YOUR FART OF FICTION – just like your 10% mortgage rate when economy is growing at 2% – 3% propped up by MASSIVE DEBT-FUNDED SPENDING ON INFRASTRUCTURE, MOST LIKELY ENDED UP WITH ELEPHANTS.

    Look at statistics: Our strategic location have served us well for the last half a century and until today we are still fine. Why do we need to have structural changes?
    What I meant is due to the turbulent world economic system, instead of our traditional markets, we need to diversify to more non-traditional markets to broaden our markets.
    That’s what I mean find a new way to make a living.

    @ Rabble-rouser is absolutely correct of reprimand of your dubious illogical postings.

    Rabble-rouser: @ Look at statistics:
    Putting 2 link to articles will never rebut my assertions that the drive for tourists growth numbers (6.2%) & the correlated spending effect (1%, Lol!) is a diminishing return. Which part of my argument you don’t understand?

    You have to do better than that if you want to have an ounce of credibility in TRE forum. Otherwise, you’re just a 50 cent per post IB.

    SHAMELESS!!!

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  • Silkies are Timid:

    The biggest factor is the Level of Ignorance.

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  • Look at statistics:

    @trublu
    //‘…make a living….’ for whom???
    bring in more FTs(scavengers) to replace more sgs.
    meanwhile,collect more money from peasants with all sorts of schemes.
    even ordinary sgs’ RETIREMENT has been sucked???
    WTF,WHAT KIND OF A GOVT DOES THIS???//

    Making a living for Singaporeans.
    Foreigners are here to help us grow our economy.
    Singapore depends on manpower to grow our economy.
    Our birth rate last year is 1.14.
    Our baby boomers alone number around 1million and are ageing.
    Today, if there are no foreigners here to help us, many businesses won’t be here.
    We need an appropriate population size to create economy pillars to support Singapore’s economy and to create diverse jobs and business opportunities for Singaporeans.
    For example, we have pharmaceuticals, oil trading, oil refineries, one of the busiest ports, financial centres…
    If we don’t have foreigners to help us, we would already be in decline now. Because many baby boomers have already retired.
    When businesses can’t find workers, they will shift elsewhere.
    Imagine without the 2 over million foreigners, and a declining birth rate, many factories and businesses won’t be here and there will be less jobs and business opportunities for Singaporeans.
    UNLESS you want to sabotage our younger generations. To do nothing now and let Singapore decline and let them suffer.

    And do you want a poor or rich government?
    We are a small country with only a strategic location and nothing else.
    But with our farsighted government and a wise and hardworking population, we managed to make this place work. Today we have a national reserve of over 400 billions dollars.We have a strong dollar, and almost all Singaporeans can afford to go overseas for holidays.
    Just look around us, every part of Singapore is clean and green. The parks and gardens are all very beautiful.

    So imagine, if we have a government which can’t grow our economy, we have zero reserves and our dollars is on par with, for example, the ringgit, we will never be able what we are enjoying today.

    LKY has reminded us, if we fail, we would never come back.

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  • Rabble-rouser:

    @ Look at statistics:
    Your stuff are all Memes!

    Memes which is an activity, concept, catchphrase, or piece of media speak that spreads like a wild fire from person to person via the Internet.

    Memes are fads and sensations that tend to grow rapidly on the Internet because the instant communication facilitates word of mouth transmission but rarely verified for truth & authenticity because nobody bothers to check!

    Your narratives (*Memes) are all without substance & no genuine though processes (believed repeating from a dubious source).

    1. S’pore is already in irreversible economic decline. SGX aggregated stock capitalisation had already halved in a decade! No sign of a recovery either!

    2. The SG$ is not a strong currency domestically! In fact, it is a highly depreciating currency if one takes into account the high cost of living & frequent price increases. Inspite of your handle, you show a incredulous lack of knowledge of Statistics!

    3. All the Infrastructural Spending & those “White Elephants” will leave a huge Debt legacy for S’poreans to carry! Practically all TRE commenters know that fact except you. You just defrosted from the Ice Age?

    4. M’sia has a better standard of living inspite of their Ringgit value. Things are more affordable over there. Apparently, you haven’t gone across to investigate! What makes you an Authority to write nonsense when you’re so ignorant?

    5. LKY is dead & not coming back! The world is changing, you need to move along or risk being labelled, a “redundant” writer of fallacies & fake news. You don’t even know your stuff (reality) but insisting on regurgitating your smelly vomit for us to smell!

    Go away!

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  • oxygen:

    @ Look at statistics

    PAST TENSE IS RIGHT of warning below, and WE ARE ALREADY on the way there.

    Look at statistics: LKY has reminded us, if we fail, we would never come back.

    Present Tense told us in 2015 – OUR ECONOMY HAS MAXED OUT – all the low hanging fruits have been harvested. In 2016, he confessed restructuring our economy has failed, that is why there is SO MUCH PAIN in the economy.

    An NY jogger, Jason Tillberg, told the world in a renowned investment newsletter even earlier,Seeking Alpha – way back in 2012, SINGAPORE ECONOMY MAXED OUT.

    Singapore’s Economy Is Maxed Out

    https://seekingalpha.com/article/905081-singapores-economy-is-maxed-out

    NOT A SINGLE OWNSELF-CHEQUE-OWNSELF PAPpypolitics came out to deny this fact.

    I WAS EXPECTING PAPpynews publishing to come out ALL-GUNS BLAZING in denial and irritated PAPpypolitics would explode of “false news” (if POFMA was law then)

    I wasn’t wrong of my denunciation of your facile narratives in this thread.

    oxygen: I really feel sorry for a toad in the well, seemingly.

    and neither is @ Rabble-rouser’s.

    Rabble-rouser: You have to do better than that if you want to have an ounce of credibility in TRE forum. Otherwise, you’re just a 50 cent per post IB.

    Much of your shallow pandering to hallucinations, misinterpreted statistics and outdated dogma is just your fart of fiction.

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  • Jman:

    The rotten gig economy espoused by Tech has caused the decay of jobs and society for so many years. And for all its smarts, the hapless leaders we have in Singapore have just been singing along to the tune of the Pirate Tech companies, squishing workers into the ground and abusing them, and profiting from large scale misery and difficulties.

    Now the US state of California and some other movements are gaining momentum in reversing this long standing abuse to rule that tech companies must give workers their rights. But where is the Singapore Govt in all this? It has been clear as day that Silicon Valley had long donned its Pirate suit and been slashing away at helpless people and hiding behind their lobbyists and disgusting “sexy” tech labels.

    Why do we always have to suffer for so long while the Govt sits on its big backside waiting for the West to slap Pirates in the face, before we get any respite? A decade back it was Pirate Bankers that almost sank everybody, and they got off almost scot free. And now we are being pillaged by Tech, and Govts (including Singapore) are dazzled by their bright lights and seem to agree with all their garbage.

    Which are the leaders who are doing the job they are meant to do? Why so few have the nerve and backbone to do what needs to be done???

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  • Python 5:

    Oxygen mentioned about expensive cars….

    My fren saw a Porsche Boxster at petrol station…top up petrol… less than 10litres… about $15. drive porsche no money to top up petrol??

    just today, in the bus, saw a Porsche SUV, license plate no. SMP xxxx X. on tow truck.

    buy porsche SUV no money to pay installments, kena tow away??

    debt fuelled false prosperity.

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  • Haigen-Diaz:

    Python 5:
    Oxygen mentioned about expensive cars….

    My fren saw a Porsche Boxster at petrol station…top up petrol… less than 10litres… about $15. drive porsche no money to top up petrol??

    just today, in the bus, saw a Porsche SUV, license plate no. SMP xxxx X. on tow truck.
    buy porsche SUV no money to pay installments, kena tow away??

    debt fuelled false prosperity.

    @ Python 5

    Bro, you could be mistaken. I drove also one of these cars and I always top up only $30 Shell V-power. This for revving at high speed with less petrol load and minimizing any fire hazard which a full tank can bring about.

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  • oxygen:

    @ Python 5 & @ Haigen-Diaz

    MATES,I WAS TALKING ABOUT EXPENSIVE ARCHITECTURAL BEAUTIES, expressways and viaducts – NOT about cars which are debt-fueled consumption, mostly.

    The world of living in wanton debt & overextended spending in bubble assets (read liabilities) in a negative interest rate environment is unnatural DISORDER and spells disaster looming waiting to strike.

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  • Rabble-rouser:

    Bro, frugalness & going against the grain is the only way to survive in this high cost, overpriced & inflationary S’pore eco-system. The cost structure is artificially kept high. You can figure out the rest from here!

    In fact, there are other methods to escape this “high cost living hell” but many are stuck in a rigid mindset of their own making! Can’t feel sorry for them! Let them rot if they still insist voting for PAP!

    Never, ever buy a car in S’pore unless you have money to throw. S’pore car prices are about 3x-4x of car prices from most places I know. I used to love cars & read car magazines frequently. But I outgrew it!

    And as I grow older & wiser, I realised that it is a marketing ploy by Car Manufacturers to get one to commit greater sums of monies (including financing) for a “Lifestyle” image! The kicker is after you retire, you would realised that those monies would have come in handy in your old age!

    In 10 years (COE life), you would have easily wasted $150k to $200k of accumulated capital & savings for something which is not permanent! More if the car is a luxury model or a Continental brand. You can see how much money were wasted “owning” cars in S’pore!

    Try to pay up the outstanding mortgage loan in full or ASAP for your S’pore Property (even for HDB) which you’re living in. It is a wise thing to do. Don’t make the bank rich on your mortgage account!

    Buying condos from new launches is very silly as you would be paying the developer in upfront premium & profits. Even HDB BTO sales & new EC apartments are finely priced to make good profits for the vested parties. Better to buy resale units where you can bargain with.

    What you see in S’pore is a facade of false prosperity with little sustainability. The future is bleak because many don’t realised the deteriorating economic situation they’re in.

    S’pore at the end of the day is Overpriced, Artificial & full of debts disguised as False Prosperity & Wealth displays which are never sustainable. It is sad!

    Python 5: debt fuelled false prosperity.

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  • rukidding:

    Belive me,….when the sea water rises more than 4m ….and all those New sillyzeans and PRs leaves for greener pastures….these Pimps and prostitutes(Pap) together with those “greedy tycoons”….WILL START TO REMEMBER US again …..why ????

    Because we will be so silly again….and we will be “soft hearted or conned again”…..BECUSE “They” need you to “save” their “sinking and submerging Assets” !!

    All our new sillyzeans will be packing up their bags and returning to their “second home and property” ( which they had conveniently not declared and was conveniently not checked or throughly investigated ) by our dear Pimp and prostituted servants !

    Silly “Us”…obeying to each and very rule….ONLY TO BE FCUKED !!

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  • Governance Erosion!:

    Only one Factor : the untamperabliness of the election process.

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  • Subservient Is Self-Subversion:

    There is only ONE factor.
    In every election of the past 50 years or so, there has only been ONE factor.

    And that factor is:

    The Elections Department under the Prime Minister’s Office. Period.

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  • Look at statistics:

    @rabble-rouser
    Memes?

    I am old enough to witness how Singapore progressed from poverty to a prosperous country.
    Do you know what real unemployment is? It’s when you won’t be able to find employers and there are no jobs in the market. No investment and little business activities.Even the 3 basic meals are also hard to come by.
    Today, if you can’t find full time job, you can still work part-time or temporary jobs.

    Remember Singapore success is man-made.No hinterland, no natural resources. We are only blessed with a strategic location, a responsible and farsighted government, a nation of wise citizens who know the importance of political stability and treasured the political stability by voting for the same government.
    This has made long term economic planning possible and most importantly provide the investors with confidence in us.
    So as long as we stay cohesive and make Singapore successful, Singaporeans will not suffer.

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  • oxygen:

    @ Look at statistics

    OF COURSE @ Rabble-rouser is DEAD RIGHT on this one.

    Look at statistics: @rabble-rouser
    Memes?

    I put your facile narrative through the meat mincer.

    oxygen: @ Look at statistics

    MATE, I REALLY FEEL SORRY FOR YOUR BLIND VISION but also equally confused if it was in fact your ignorance or arrogance or mendacity for hypocrisy or synthesis of all of that.

    Here is some obvious detachment of yours from reality.

    and I will show you my proof again that you are wrong on “memes” again.

    Look at statistics: We are only blessed with a strategic location.

    The above strenuous assertion came straight from your mouth!

    My next obvious question back to you asking for substantiation is this – HOW CAN SINGAPORE BE OF STRATEGIC LOCATION IF THAT LOCATION DOES NOT HAVE A CAPTIVE RELEVANT HINTERLAND IN SUPPORT OF ITS ECONOMIC RELEVANCE, VIABILITY AND PROSPERITY???

    Look at statistics: Remember Singapore success is man-made.No hinterland, no natural resources. We are only blessed with a strategic location

    YOU SAID THE ABOVE – ALL WINDY HAPPY SELF-CONTRADICTION. Your usual in this thread.

    Still no memes nonsense??

    I worry you read and absorbed too much of PAPpy news publishing expletives of 1% truth, 99% lies, fantasy and propaganda and vomit the same here!!

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  • policies are also man-made:

    //Today, if you can’t find full time job, you can still work part-time or temporary jobs.

    Remember Singapore success is man-made.No hinterland, no natural resources. //

    yar lor. no full time job, can still work part-time or tempororay jobs. no part time or temp jobs, can have hand-outs hor. no hand-outs, can still beg hor.

    no hinterland and no natural resources, but never mind, can afford to have 6.9m or 10m open-leg policy to grow natural resources hor (e.g water and landfill for rubbish) and perhaps our presence will be better on the environment and perhaps contribute to climate change hor.

    success can be man-made ? roti-prata policies are also man-made lar.

    //This has made long term economic planning possible and most importantly provide the investors with confidence in us.//

    what is the use of investors confidence if your own decent average joe is not confident leh (e.g is low TFR any indication here). it may benefit the FT investors (opening jobs for their own kaki VIA open-leg policy) and the rest of the white idiots whose compensation may be pegged to gdp (tax you more and plough it back to system in some forever big infrastructural projects (e.g white elephants) and fanciful upgrading work which is sometimes entail wasteful tearing down and rebuilding; and have no practical purpose other than aesthetic).

    i have once heard from someone. the more advanced a nation (e.g like in city state like sinkie land) is, the worst it gets when it comes (relative to its size) to carbon footing, energy and wasteful consumption, throwaways as you need all the energy from lightings to light up tunnels, buildings, roads to present the cosmopolitan glitz (e.g nightlife).

    https://www.channelnewsasia.com/news/cnainsider/singapore-hot-weather-urban-heat-effect-temperature-humidity-11115384

    https://www.youtube.com/watch?v=UrQ9zjvmD6k

    perhaps the ‘damage’ created by policies during a SHORT PERIOD really need a LONG PERIOD (as in long term ?) to undo if it can ever be undone ?

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  • brainwashed aspiration:

    //I am old enough to witness how Singapore progressed from poverty to a prosperous country.//

    same here lar. those people born in 40s to 70s can see it also lar. but do you think this trajectory is going be a linear (more or less lar) progress forward now or you have a deep sense it is going downward lar with some of the wayang policies – a future that our children and grand-children are going to inherit ? the best is the wayang 4 = 5 and selected = elected.

    //So as long as we stay cohesive and make Singapore successful, Singaporeans will not suffer.//

    aiyoh. as long the brainwashed aspiration (good education right ?) for many people is not broken into pieces lor e.g like public housing value will “always” go up ? provident fund withdrawal age (full withdrawal lar) does not keep going up ? good education good jobs for daft sinkies not imported FTs who converted to sinkies to stand as “singaporeans will not suffer” lor ?

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  • Prostate Lee:

    Quote a cnbc article by a 78 year old sharing life lessons learnt:

    3. You’re never too old (or young) to make mistakes
    Mistakes are signs of vitality, inventiveness and adventurous intelligence, at least when you’re the person making them.

    You’ll never try or discover something new if you’re afraid of getting it wrong. Mistakes are an unavoidable part of progress, so don’t be afraid to make the leaps, no matter how frightening they may seem.

    Of course, there are limits.

    Incompetence or malpractice deserves punishment. But people — especially the younger ones — should be aware that generally when we make mistakes, it’s a sign that we prefer to experiment, rather than be cautious to the point of cowardice.

    End Quote.

    https://www.cnbc.com/2019/09/17/78-year-old-who-refuses-to-retire-shares-important-life-lessons-happiness-success-money.html

    It helps to explain Singapore situation :

    1. Situation 1 : SG lack innovation originated from locally borned singaporeans. Most innovation we see in SG
    comes from outside SG. PIC is a testiment.

    Possible reason : Lacking Freedom, creativity is stifled.

    2. Situation 2 : Ostrich phenomenon. Ruled by Fear . Climate of Fear. Knuckle dusting in draconianism. Unquestioning people.

    3. Situation 3 : being cautious to the point of cowardice.

    KIA SI , KIA SI, KIA BOR, KIA CHENG HU.

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  • GY historic Loser:

    Subservient Is Self-Subversion:
    There is only ONE factor.
    In every election of the past 50 years or so, there has only been ONE factor.

    And that factor is:

    The Elections Department under the Prime Minister’s Office. Period.

    Is the show election process certified absolutely untamperable by international election watchdog?

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  • Election Factor:

    The FACTOR is this :

    Very few citizens have the IQ and Wisdom to know how Singapore can be much Better than what PAP can achieve.

    This factor is called Intellectual Sophistication.

    Too few has it that is why the factor that leads to status quo is Ignorance.

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  • Dato:

    Please do not undermine the PAP’s intellect.

    They have very important issues to tackle, so lets not distract them with all our petty issues like costs of living, employment, laws that keep up with times, and of course….immigration policy.

    They are debating on sanitary pads and using state of the art, DNA testing to nab litterbugs. This is becoming a global problem.
    Let’s rally behind PAP and eradicate this 1st world problem of sanitary pads.

    Sigh. Damn embarrassed to be seeing such topic being brought up in our Parliament. Sigh sigh sigh.

    To all my fellow Singaporeans. One man. One vote.
    Take a risk. Looking at how things has turned out since former PM Goh promised……Swiss Standard Living. We all have nothing to lose already.
    Vote for change.

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  • Any new citizen in Oppo?:

    One factor to consider is it seems like there is no new citizen who is a Opposition candidate. Why?

    Their citizenship cannot be revoked right?

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  • Seriously?:

    The politicians on both PAP and opp are always singing the “same old same old” tune.

    It is broken.

    On the PAP side, the rotten liberal capitalist system they have championed for so long has broken down. And what are they going to do about it? Still be beholden to big business and big tech in the same way? And follow the lousy rotten lead from the other nations? Including the rudderless and spineless western leaders?

    On the opp side, just singing the same songs from yesteryear… What has changed? Nothing. Have their capabilities improved? It doesn’t look that way.

    So we are stuck in the hopeless cycle again…

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  • 15 year:

    The issue is he signed MOU WITH USA.
    GET MY DRIFT?

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  • HDB flats depreciate to ZERO:

    The main factors are:

    1) no more “LKY effect”

    2) HDB flats depreciate to zero (a FACT because of of the 99-year lease) despite HIP1 and HIP2 and most Singaporeans have their retirement savings (CPF) tied up in their depreciating HDB flat.

    3) Singaporeans are worse off since LHL became PM.

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  • Python 5:

    Rabble-rouser:
    There’s a lot of incoming adjustments, potential price resets which are going to be happening in the global economy in the coming days

    Rabble, just show and prove this to be true lah.

    I want to see this!!! I want to see those condos and million dollar HDB crash and burn and meltdown and decompose infinitely. My friend’s colleague, took loan 970k for a condo. how these ppl sleep at night?

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  • Python 5:

    rukidding: Belive me,….when the sea water rises more than 4m ….and all those New sillyzeans and PRs leaves for greener pastures

    that is still very far away. maybe 50 years later.

    what you need is now a complete total irrecoverable property meltdown that surpasses the AFC1997, Lehman, Dubai,Iceland bankruptcy combined together.

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  • Who's rule of law?:

    GST Reminder, Hikes:
    What are the factors affecting the next General Election?

    The sudden release of news of the WP case and the non stop media broadcasts, continuous slamming and dishonoring of the Oppositions credibility to inflict fears and casting distrusts and doubts.

    Such techniques have been used before, you can ask CC.

    Reminders;

    HengSK was the one that said GST should be ……” 15 per cent, and there still would not be enough” as if 9% we must show our appreciation to them.

    Treating us like stupid. Amiable my foot with those fake smiles?…..

    https://www.todayonline.com/singapore/here-dpm-hengs-take-questions-environment-politics-and-taxes-0

    How much are you paying to the GST? [based on 80% spent], excluding all other taxes, tariffs and hikes;

    Take Home Pay Last 5 Yrs @ 7% Next 5 Yrs @ 9% Total Lost
    $1,000—————–$4,095———————–$5,265———————————-$9,360
    $1,500—————–$6,142.5——————$7,897.5————————-$14,040
    $2,000—————–$8,190——————–$10,530——————————–$18,720
    $2,500—————–$10,237.5————–$13,162.5————————$23,400
    $3,000—————–$12,285——————-$15,795—————————–$28,080
    $4,000—————–$16,380——————-$21,060—————————–$37,440
    $5,000—————–$20,475——————-$26,325—————————–$46,800
    $6,000—————–$24,570——————-$31,590—————————–$56,160
    $7,000—————–$28,665——————-$36,855—————————–$65,520
    $8,000—————–$32,760——————-$42,120—————————–$74,880

    Compared to 30 years ago, people are certainly less cash rich than before.

    They now earn more than 30years ago but what’s left is much less because they cannot even afford to retire.

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  • RC people meeting:

    I saw one RC person meeting with another RC member in his house in privacy discussing something like secretive. They met inside his bedroom. Weird. They are from different but adjacent RCs.

    Another RC from somewhere also came to meet this RC also inside his bedroom.

    Is an ERECTION CUMMING ?

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  • Prudence is not blind:

    MSNBC has come up with an alert message for the American in regards to their President Trump, driven by fear of removal to erratics, a familiar sight in Isingapore Politics. It would be prudent for Singaporeans to follow such advice which is ” See what they do n not what they say” but SIN is facing 50 years while Americans r new to such open dishonour to their checks n balances they have in place which has just been challenged by a president beyond descript to the American. So in SIzn the alert should be extended to See n analyse what they do n not what they do n say! Associate the thought over this with what Singaporeans’ sacasm expressed thru a child afraid to accept a freebie of chicken wing for he is afraid that his father would have to give a whole chicken! zso now you see SIN is one notch up in sophistication in evil relative to Trump crudity! zno wonder Lee Sr gets lauded
    while Trump is trumped!

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  • The Honorable Spermfish:

    What will Mr KiaSu do to win?

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