My Analysis of Budget 2022
I’m writing to give you my take on Budget 2022. I’ve written about the fake news event that is the Singapore Government’s Budget for at least ten years now and very little has changed. We still get zero transparency, a smoke-and-mirrors exercise or what I have characterized as a shell game or magic show in which the Finance...
As PAP Leaders Look Forward to Another Year of Outsize Earnings and Prepare to Raise Taxes on the Poorest, More Singaporean Families Go To Bed Hungry
PM Lee has said he expects the economy to grow by 3-5% this year but that will still only make the economy about 1% bigger than it was at the end of 2019. By way of contrast the US economy ended 2021 over 2% larger. Most of Singapore’s growth in both 2020 and 2021 came from manufacturing with all other sectors below the peak...
China produce cheap goods for the world
China produces cheap goods for the world. It helped the people in other countries to have a better quality of life. The global consumes can buy the cheap, good quality products from China. In the earlier years, the cheap goods were produced because China's cost of labor was low. The wages have increased over the years,...
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