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Government ready to act if state of economy warrants it?

Govt ready to act if state of economy warrants it : Heng

Heng: The govt is watching closely.

Gay: What is the G gonna do?

Heng: MAS is weighing the appropriate exchange rate policy.

Gay: You mean make the Sing dollar cheaper?

Heng: Yeah, make exports cheaper. And more tourists will come here, too.

Gay: But Minister, that means the people will be screwed!

Heng: How?

Gay: Stuff will be more expensive, right? Since our money will have less value.

Heng: Well….you know, we can’t afford to let businesses bust, or you won’t have a job.

Gay: Hmmm….I dunno, seems like workers have to suffer but bosses get lots of help.

Heng seems embarrassed and quickly changes subject.

Heng: But you know, what’s more important is workers learn new skills and upgrade themselves.

Gay: Sure, my 80-year-old aunt just signed up for a computer course using Skilfuture. She said she will get a free iPad if she passes.

Heng squirmishes.

Heng: On the international front, we are committing to multilateralism and even more trading links and specialisations.

Gay: Sir, you mean more CECAs!!?

Heng: Yeah, tie up with other countries so businesses can prosper.

Gay: Even if people have to suffer?

Heng: We need jobs right?

Gay: Sure, but they are mostly lousy jobs and the good ones are taken by foreigners!

Heng: Look! We do make sure that employers advertise in the job bank for Singaporeans first before employing foreigners, but no takers, so how?

Gay, seeing that the minister is hot under the collar, moves on.

Gay: Sir, any chance that the GST increase be postponed since the people will be tightening their belt?

Heng, feeling indignant: The GST increase is to address rising health care cost due to an ageing population. We can spend, take on debt, and make our future generations pay for it. Is that fair?

Gay, stonewalled by such a high horsey response, tries another tack.

Gay: Sir, seems like the people will be paying to get us out of this hole. I understand we have a huge reserve, can’t we use that to tie us over?

Heng: I don’t foresee the need for an extra-ordinary budget.

So, there you have it. We are in safe hands.

 

Foong Swee Fong

 

 

yyy
READER COMMENTS BELOW

10 Responses to “Government ready to act if state of economy warrants it?”

  • xoxo:

    Another $100 Billion,no problem.
    We have plenty to $pare but for FOREIGNERS N RICH sgs ONLY.
    The needy n jobless,we will only give you more NTUC FAIRPRICE VOUCHERS and $600?

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  • Heng, the Ceca Haolian:

    One time Einstein made a challenge to Mr. Bean, saying, “If you can’t answer my question you’ll have to give me $1 but if I can’t answer yours I’ll give you $1000.”
    Mr Bean readily agrees. So Einstein forwards him a really complex question about which he has no idea…. so Mr. Bean courteously hands Einstein his $1.
    Now it was Mr Bean’s turn, and he proceeds: “What animal has 4 legs, but uses only 2 when it enters the supermarket and has 5 when it exits the store?”
    Despite his amazingly insightful mind, Einstein couldn’t figure out the answer to this puzzle and grudgingly hands Mr Bean $1000.
    Then Einstein asks, “And what animal might that be, Mr Bean?”
    Upon which Mr Bean lighted up with a cheeky smile and hands Einstein another $1.

    Sounds like Pappy existentialism?

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  • 7th Bird.:

    Servant bringing old man buy cane.at store.

    Old man waited at cash counter.

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  • kaji:

    yeah … typical textbook regurgitating scholarly paper general answers

    so used to multiple-choice questions

    struggling with open-ended essay questions

    sigh … cotton wool comes from sheep

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  • No Brainer:

    This joke came from an Indian who ended it with a remark “Don’t around with Indians”

    Our LEEders got fucked by Indians and we, the people have to bear their mistakes and suffer. When you complain you are blended as RACIST. Your LEEders are so clever in front of you but so stupid in front of foreigners.

    You who keep voting them in is fucking yourselves.

    Heng, the Ceca Haolian:
    One time Einstein made a challenge to Mr. Bean, saying, “If you can’t answer my question you’ll have to give me $1 but if I can’t answer yours I’ll give you $1000.”
    Mr Bean readily agrees. So Einstein forwards him a really complex question about which he has no idea…. so Mr. Bean courteously hands Einstein his $1.
    Now it was Mr Bean’s turn, and he proceeds: “What animal has 4 legs, but uses only 2 when it enters the supermarket and has 5 when it exits the store?”
    Despite his amazingly insightful mind, Einstein couldn’t figure out the answer to this puzzle and grudgingly hands Mr Bean $1000.
    Then Einstein asks, “And what animal might that be, Mr Bean?”
    Upon which Mr Bean lighted up with a cheeky smile and hands Einstein another $1.

    Sounds like Pappy existentialism?

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  • MarBowling:

    Heng: FYI, what we have discussed thus far, are Part of my East Coast Plan. Forgot to mention one important thing relating to your 80 year old aunt making use of the Skilfuture. Advice her to use the balance of money(if any)to enroll for the Make Sweet Cake Sweeter Than Sweet Course currently made available for booking. Huge demand, apply ASAP!

    Gay: Minister, thanks for the Great Info!

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  • Good one!:

    Heng, the Ceca Haolian:
    One time Einstein made a challenge to Mr. Bean, saying, “If you can’t answer my question you’ll have to give me $1 but if I can’t answer yours I’ll give you $1000.”
    Mr Bean readily agrees. So Einstein forwards him a really complex question about which he has no idea…. so Mr. Bean courteously hands Einstein his $1.
    Now it was Mr Bean’s turn, and he proceeds: “What animal has 4 legs, but uses only 2 when it enters the supermarket and has 5 when it exits the store?”
    Despite his amazingly insightful mind, Einstein couldn’t figure out the answer to this puzzle and grudgingly hands Mr Bean $1000.
    Then Einstein asks, “And what animal might that be, Mr Bean?”
    Upon which Mr Bean lighted up with a cheeky smile and hands Einstein another $1.

    Sounds like Pappy existentialism?

    Good analogy?

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  • Just resign lah:

    What , this fella still around?
    M.i.a for so long as well..
    I tot he oredy stepped down…

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  • AristoCATs - Talks ?:

    AristoCATs are educated – NOT from “lousy school”.

    It shows in their speeches -

    where their PowerPoint slides would make impressive marketing materials

    eg.

    Chan Chun Sing – “Firms in social entertainment need to rethink business model”

    Heng See Keat – “Covid-19 pandemic presents rare opportunity to reinvent cities”

    -
    Netizens chimed in –
    “Walau ! Impressive phrases straight out of text books.”

    “Do their CV s reflect similar successful projects / experiences?”

    “So far, their Covid management Flip-flops – like headless chickens.”

    { Oops, because no TextBook on Covid Management? Man. . . }

    -

    More than 39% should try the Power of the Ballot Box !

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  • More PGs n MGs dying:

    It’s a known fact that more and more PGs n MGs are dying due to C19 + Underlying Conditions.

    Is there any accounting report on the $8Billion budgeted for PG since 2015? Perhaps, MPs, NCMPs and NMPs can bring this up in the next parliamentary sitting.

    Note that PioneerDAS is still @$100/mth.
    Isn’t it time and appropriate to allocate $200/mth to the remaining eligible PGs as their numbers are declining fast and furious?

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