PAP’s economic incompetence

Singapore’s non-oil export shrank 12.3% in October, from an 8.1% drop in September. These results are much worse than analysts’ expectations and we have now had 8 consecutive months of decline.

The latest results are another illustration of the economic incompetence of the PAP government. They have no idea of how to grow the economy. All they know is to blame our economic decline on the US-China trade war and their mantra is free trade which has been hurt by this trade war.

Let us remind them again that our ASEAN neighbours such as Thailand, Malaysia, Phillipines and Indonesia continue to grow strongly despite the trade war, and America which is one of the 2 principle actors in this drama has seen strong economic and jobs growth in the last month.

So stop giving flimsy excuses for your economic incompetence! The fact of the matter is that despite all the talk of restructuring our economy for the last 3 decades, nothing has changed.

Under the PAP, Singapore is not an innovative and enterprising economy and our Next generation are falling rapidly behind their counterparts in the neighbouring countries in this regard. We do not make things that the World wants.

Under the PAP, we will forever be held hostage to the economic whims and fancies of other countries because Lee Hsien Loong, Heng Swee Keat and Chan Chun Sing are unable to think outside of free trade.

Free trade such as the disastrous CECA treaty has cost the loss of too many Singaporean jobs.

Peoples Voice believes not in Free Trade but in fair trade where Singaporean workers enjoy good paying jobs and where the many enjoy real economic benefits which improve their lives, and not just the privileged and elite.

 

Lim Tean

 

 

yyy
SPONSORED ADVERTISEMENT
Loading...

33 Responses to “PAP’s economic incompetence”

  • Asd:

    Shame less so called educated people filling own pocket with $

    GD Star Rating
    a WordPress rating system
  • Old Boy:

    I don’t see any of your solutions also.

    GD Star Rating
    a WordPress rating system
  • Bapak:

    They don’t even know cats are not allowed in HDB flat, how to grow the economy?

    GD Star Rating
    a WordPress rating system
  • Bapak:

    Oh, forget to mention…how many hum you want in your mee siam?

    Bapak:
    They don’t even know cats are not allowed in HDB flat, how to grow the economy?

    GD Star Rating
    a WordPress rating system
  • UniQ:

    The PAP has eliminated all the innovative enterprises by their GLCs for more than a decade by burning Taxpayers $$. That is why we are unable to have our own brands in the global stage.

    One thing I cannot ever understand why our GLCs is all out to kill our own SMEs instead of working as partners, while supporting head to toes to foreign Companies and yet got suckered as a result ?

    GD Star Rating
    a WordPress rating system
  • Tom Lee:

    Old Boy:
    I don’t see any of your solutions also.

    It is not for Lim Tean to give solutions. The million dollar ministers are the ones who have to come out with solutions.

    GD Star Rating
    a WordPress rating system
  • REGIME CHANGE is the solution:

    Without a doubt, the only solution is REGIME CHANGE. PAP is a “spent force”. It is time to bury it with LKY.

    GD Star Rating
    a WordPress rating system
  • Talk more no Use, Vote for:

    How do you trust “any” leaders that are exempted from telling you the truths?

    How do you trust “any” leaders that run afoul of our Democracy when they openly confessed to “fix” Opposition elected by the citizens?, barring everyone else to serve Singapore except themselves.? Isn’t it Totalitarian!

    How do you trust “any” leaders when the constitution stated that the President is to be elected by the citizen of Singapore, but they self elected by walk-over?

    GD Star Rating
    a WordPress rating system
  • Cronyism the rosy path to Hell:

    I’ve heard it’s been the same story since time immemorial that when you degrade your own sensitivity to shame or habitually ignore common moral scruples, for the sake of your Ego and its cravings…. you’re going to lose it… your humanity and your dignity withers.

    GD Star Rating
    a WordPress rating system
  • TruBlu:

    They know economics.
    They just practise it for for their own gain$ at common sgs’ expense.
    Trouble is 70 or more of sgs are completely daft like LKY said at Charlie Rose.

    GD Star Rating
    a WordPress rating system
  • Harder Truths:

    Exactly what does $G export that can compete with cheap India China Vietnam Pinoy etc, etc. goods? maybe at one time $G had standards that set it apart and people were ready to buy that quality.

    Now there is no difference between $G and China products except $G is more expensive.

    People are not stupid. Sooner or later $G will have to eat its own shit.

    GD Star Rating
    a WordPress rating system
  • Singkee:

    Many singkees do not have wisdom to know these problems :

    1. CECA
    2. CPF lockup.
    3. PMD Ban shows policy mistake
    4. HDB depreciate to zero. Lease twisted meaning to mean Owning.

    5. GDP is not independently audited.

    When GDP goes up. Who took the credit?
    When GDP drops, they say not their performance issue? Just blame everything on trade war? Not self reliant SG ? Sovereign?

    GD Star Rating
    a WordPress rating system
  • Most expensive city to die in:

    SG is the most expensive city to DIE IN.
    Are you next?
    Is this progress?

    GD Star Rating
    a WordPress rating system
  • External factors:

    Its due to external factors e.g. trade war, rise of protectionism, rise of nationalism, fall of globalism, ….

    GD Star Rating
    a WordPress rating system
  • Realistically:

    @ Tom Lee:
    November 18, 2019 at 4:34 pm (Quote)

    “It is not for Lim Tean to give solutions. The million dollar ministers are the ones who have to come out with solutions.”

    Hello, does Lim Tean even understand the problem? I, personally, don’t expect Lim Tean to come out with solutions lah. In any case, even IF Lim Tean has a solution NOW, it would not have made an iota of difference as to SINKaPOOR’s trading statistics.

    GD Star Rating
    a WordPress rating system
  • Dr. Chan:

    PAP self proclaimed best of best. Must have bestest highest pay to attract bestest talents to be ministers to solve problems, bring good life to Singaporeans.
    Well, it didn’t go too well. They are the main cause of the problems now.

    GD Star Rating
    a WordPress rating system
  • PAP CLOSE DOWN:

    They never put the right people in the right jobs. No experience or background heading, leading.

    Like the Esplanade, the way the concert is produced you get the feeling the wrong people are ding it. Imgaine the biggest hits of Earth Wind & Fire being cut short for encores.

    GD Star Rating
    a WordPress rating system
  • this is how pap enriches self:

    when market is good and everyone makes money, even the 70% sheep makes money, pap says it is talent and pays each other 24 months S$m GDP growth bonus.

    when market is bad and and none from pap makes money, pap says it is market and continues to pay each other S$m bonus.

    one minute chicken one minute feather.

    when good it is talent when bad it is market.

    ffff. make up its ffffing mind one or the other.

    look at gic temasick. they exist to lighten the load of 70% sheep. yet instead of reducing or canceling GST, pap raises GST from 7% to 9%.

    why?

    because gic temasick lose money. coffers kosong empty. need top up. besides keeping more 70% sheep CPF money longer, need also to up GST.

    otherwise gic temasick collapse.

    why again? because one chaired by pap clown the other run by pap clown wife. that is why. both non talent. one only goes ballistic aka abuse of power. the other relies on the other going ballistic. nothing else.

    GD Star Rating
    a WordPress rating system
  • with a good solution:

    // I, personally, don’t expect Lim Tean to come out with solutions lah. In any case, even IF Lim Tean has a solution NOW, it would not have made an iota of difference as to SINKaPOOR’s trading statistics.//

    aiyoh. do you expect the white idiots to come out with a solution or the white idiots are the ones who cannot come out with a good solution (even under their ownself-check-ownself one-curry party function) to the problems first created by their white idiotic polic(ies) ?

    what trading statistics lar ? wayang trading statistics ‘boosted up’ by 6.9m or 10m open-leg policy ?

    well, white idiots are going to come out with a solution (2% gst increase) by having goods / services inflated generally by at 2% lor – and straight away an implicit tax of additional 2% on your future spendings coming out from your past savings lor ?

    GD Star Rating
    a WordPress rating system
  • top percentile of wealthy ppl:

    //Its due to external factors e.g. trade war, rise of protectionism, rise of nationalism, fall of globalism, ….//

    if open market / free labour are so very good ? why some advanced nations are moving towards policy decisions / actions which give rise of trade war, protectionism, rise of nationalism, fall of globalism ???? hahahahahaha ?

    aiyoh. simple lar ? when one wins, one will want to continue playing the games and being recognized and rewarded with a prized trophy ? when one starts losing the game, one wants to discontinue so that one does not have to subsidize the winners lar ?

    the economic winners are the top percentile of wealthy people / businesses (sometimes not even between nations, countries, etc, etc) and they want flexibility in the free mobility of everything including labour / funds, etc, etc so that they can take full advantage of it lar ?

    GD Star Rating
    a WordPress rating system
  • So many well-educated Fools:

    External factors:
    Its due to external factors e.g. trade war, rise of protectionism, rise of nationalism, fall of globalism, ….

    Hey Fool, so you saying SG has no means to survive on her own two feet and live on the crutch of external forces?
    While trying to sugarcoat incompetence you farked yourself too. You 50cents disgrace your grandfather, mother and step father.

    GD Star Rating
    a WordPress rating system
  • So many well-educated Fools:

    So what economic defence has Singapore developed after 53 years of knowing it depends on external trade to survive and knowing this weakness they have still not addressed this weakness or found a solution to be self reliant?

    SG is not a sovereign state based on these criteria.

    It has no ability to survive on its own.

    When economy boom it’s also due to external forces and not the pap.

    GD Star Rating
    a WordPress rating system
  • Australia does different:

    What else can you say about SAF generals who sell away three of our national electric power producers to foreign interests? Oh, it’s in the interest of true scholarship for the survival of the Republic of Singapore? Hahaha now the power corporation’s imploring millions of tax payers money to bail them out of hard times…. talk about hard times don’t we know it first hand in Sinchiapor Inc.?

    GD Star Rating
    a WordPress rating system
  • from the puppet masters:

    //What else can you say about SAF generals who sell away three of our national electric power producers to foreign interests?//

    the puppet masters (+ some other key decision makers or plp advisers) are the real ‘culprits’ lar ?

    these well-compensated soldier boys are fronting (the face or convenient scapegoats) the defence to take the heat off from the puppet masters lar, if things do not go well lar ?

    GD Star Rating
    a WordPress rating system
  • My thoughts;:

    Less you understand who gets to decide the base calling price, don’t fall into the tricks. Generators need distribution networks and power cablings which are literally “tools” for compliance???.

    Imagine SP sells power more expensive than small retailers and all the Wayang shows… soon you forgotten how the base price has been fixed! and mistaken that you have cheaper rates from the retailers.

    It’s like comparing heights with your chums while all of you are elevated on top of the Guoco Tower. In this case, whenever you raise the floor heights after (hikes), you mistaken you still get the best deal, right.

    But another way of looking at it and solving the problem entirely is, vote the more efficient small retailers better instead of paying millions for nothing but get bullshits, right? In that perspective, vote for smaller and efficient Opposition party better than any useless scholars?

    How do you trust “any” leaders that are exempted from telling you the truths? Might as well vote for the robbers or thieves, at least they can be held accountable when they lied, right?

    Australia does different:
    What else can you say about SAF generals who sell away three of our national electric power producers to foreign interests? Oh, it’s in the interest of true scholarship for the survival of the Republic of Singapore? Hahaha now the power corporation’s imploring millions of tax payers money to bail them out of hard times…. talk about hard times don’t we know it first hand in Sinchiapor Inc.?

    GD Star Rating
    a WordPress rating system
  • NotMyProblem:

    Old Boy:
    I don’t see any of your solutions also.

    If I am paid as much as the Minister, I would have the solutions. My solution would be the same as the minister’s, NOTHING!!

    GD Star Rating
    a WordPress rating system
  • very well said, bro:

    NotMyProblem: If I am paid as much as the Minister, I would have the solutions. My solution would be the same as the minister’s, NOTHING!!

    the prime example of doing NOTHING in pap is 12 years NSF deferment kentucky tony tan keng yam.

    this pap Lj is an absolute waste of taxpayer money. so ffffing cautious or fake that not a single thing is done all the years paid by public.

    well, one correction. he did do one thing. he allowed his own son 12 years NSF deferment. that, in all vocabularies of the world, is something worth repeating.

    GD Star Rating
    a WordPress rating system
  • Jman:

    Mr Lim Tean, since you have so much to say, what do you suggest when virtually all ships are sinking? Flying ship perhaps? Or make up our own rules, and play the economic game by ourselves without reference to other players?

    Innovation is a bottom up endeavour. You cannot switch it on and off like a light switch. The Govt can do its bit. But the rest is up to Singaporeans. If there is lack of innovation, the Govt cannot be held entirely responsible. Singaporeans are partly responsible.

    GD Star Rating
    a WordPress rating system
  • stephentan:

    There is a clown, old boy who asked the question, why no solution?
    What a stupid idiotic fool not to understand that a credible and sincere opposition can never show hands to shoot their own backside.
    Just vote the opposition party through the parliamentary doors and they will speak up and bring forth their solutions to address unpoular pap policies detriment to the well being of the voters.

    GD Star Rating
    a WordPress rating system
  • better innovative spirit:

    // If there is lack of innovation, the Govt cannot be held entirely responsible. Singaporeans are partly responsible.//

    aiyoh. not held entirely lar ? but one big significant part lar ? 50+ years of one curry party function lar ?

    never mind lar, 6.9m or 10m open-leg policy, more people should mean better innovative spirit lar ? or many of these wannabes (innovation start-ups ?) may ask from garment for grants (and why not private investment hor ?) to let them experiment and hopefully hit the jackpot where the bulk of benefits from success will them flow to them with little flowing back to average daft sinkies who have to finance all the “grant nonsense” ?

    GD Star Rating
    a WordPress rating system
  • Realistically:

    There are some oppo IBs who try to smear and character assassinate people who ask valid questions as regard Lim Tean (& other so-called oppos) grasp (if at all) of the PROBLEMS by saying that it is NOT the oppos like Lim Tean to give solution.

    YET when it comes to calling out the PAPie running puppy these oppo IBs and the likes of Lim Tean are not to be seen.

    See for eg this thread where I called out the PAPie propagandist:

    http://www.tremeritus.net/2019/11/18/opposition-parties-should-focus-on-hdb-and-cpf-state-reserves-issues-pap-can-be-crippled/

    GD Star Rating
    a WordPress rating system
  • no cure and solution:

    //try to smear and character assassinate people who ask valid questions as regard Lim Tean (& other so-called oppos) grasp (if at all) of the PROBLEMS by saying that it is NOT the oppos like Lim Tean to give solution.//

    aiyoh. create problems champion ? then ask others for solution ? don’t ever think that every problem has a “solution” if what is proposed is claimed not to be doable by the very ones (but still the key levers to change) creating the problem in the first place – eg just like now in hk lor ?

    aiyoh. first you need exorcise the source of the problem ? 4 =5 and elected = elected, still on or not ? 6.9m or 10m open-leg policy, still on or not ? ask yourself lor, 6.9m or 10m open-leg policy will create more problems or more benefits (and for who lor ?) ?

    aiyoh. don’t keep on asking for solutions when one is continuing sowing conditions for more problems to arise lar ? it may sound conventionally appropriate or right to ask anyone to give solutions before making any complaints but in reality a lot of things do not work this way and there are no good solution once the problems have a live on its own making the future even worst (path dependency) ? just like incurable cancer (no cure and solution) ?

    //HK
    Area
    • Total
    1,108[8] km2 (428 sq mi) (168th)
    Population
    • 2018 estimate
    7,482,500[9] (102nd)
    • Density
    6,777[10]/km2 (17,552.3/sq mi) (4th)//

    // Sinkie land)
    Area
    • Total
    725.1 km2 (280.0 sq mi)[3] (176th)
    Population
    • 2018 estimate
    Increase 5,638,700[4][Note 1] (113th)
    • Density
    7,804/km2 (20,212.3/sq mi) (2nd)//

    GD Star Rating
    a WordPress rating system
  • Realistically:

    “just like incurable cancer (no cure and solution) ?

    //HK
    Area”

    What a PATHETIC & shameless attempt to deviate from the real issue using the scatter brain approach – that the likes of Lim Tean do not even know the PROBLEMS let alone talking about SOLUTIONS.

    I have already said that the idiot who keeps blabbering about the “white idiots” can’t even call out the PAPie running puppy propaganda, and yet this idiot – let’s call him/her the “red idiot” can compare “incurable cancer” which is because of natural genetic mutation as compared to the supposed (man made) problems which, to remind readers, people like Lim Tean have not (and probably do not even know) been shown to realize, let alone offer solutions.

    As for the red idiot rambling about HK, he/she doesn’t even know the differences between SINKaPOOR & HK.

    Now people should understand why the so-called 70% (more like 69.9%) keep voting PAP….

    GD Star Rating
    a WordPress rating system

Leave a Reply

 characters available


Scroll Down For More Interesting Stuff


Member Services
Self-SupportMembers Login
Sponsored Advertisement

Search On TR Emeritus
Sponsored Advertisement

Most Recent Comments
  • TRE Soprano: Unlike a roadblock where police can give chase in car or motor-bike; this case is PMD can escape very...
  • TRE Techie: “Commenting on the incident where a Certis Cisco Auxillary Police Officer kicked a PMD rider off...
  • FBI: In the Past, Indians pay head hunters to work oversea. That apply only to the lower rank. However, as more...
  • not all that sparkles is gold: our sg outlook seems to be getting worser n worser! the facade is all sparkling like a...
  • 30year loan singkees: I wonder has the 70% woken up yet? Hope they made lots of loans. The more they suffer then only...
  • TruBlu: police got FLYING-KICKED by some viet FTs some years ago? now LTA OFFICERS fly-kick PMD-USER? SEEMS LIKE...
  • Art of Kung-Fu: TRE Techie: Locale police learning sibei fast from honkies liao, all use force first then talk...
  • TruBlu: THIS IS PLAIN STOOPAP(stupid)! why SQUANDER HUNDREDS OF MILLIONS ON ft-kid$ and PENALI$E our own kids from...
  • When sporeans think, sg sinks: Huh? They did not only say HDB flat was a good investment, right? What about this?...
  • stop throwing away our money: the india scholars coming soon too .. the sgov is too greedy for their loyalty votes.....
  • TRE Techie: Locale police learning sibei fast from honkies liao, all use force first then talk later. If PMD driver...
  • When sporeans think, sg sinks: Funny! MOE is so concerned that singaporeans who owed them such SMALL sum of money...
  • Dr. Chan: @TKL PAP tell half truths or half lies to suit their political agenda. E.g. FT create jobs for locals...
  • pap lies, all the time: pap lies HDB is asset that can be enhanced. WTF. it is a lie that probably only going to hurt...
  • PAP CLOSE DOWN: Don’t see the point working with India.
Announcement
Advertisements
Advertisements
Visitors Statistic
Latest Statistic