How to react to PAP’s prognosis of doom and gloom
But first, why take IMF’s & other int’l bodies forecasts with a large pinch of salt Forecasting is not really the IMF’s forte, while pessimism is. Every growth forecast since 2009 for the UK economy has undershot the actual result, often by a significant margin. The warning of misery ahead is widely reported, but is...
BS: SingPost’s ‘next working day’ delivery statement?
The ongoing case against the WP MPs etc reminded me that about three weeks ago, I posted a cheque to a vendor on a Friday morning. On Tueday night he emailed to say he hadn’t received the cheque. He only received it on Thursday. Delivery Times Standard Mail Next working day Non-Standard Mail 3-5 working days https://www.singpost.com/send-receive/sending-within-singapore/ordinary-mail-local My...
The Inequality Index puts Singapore as the last in the world for ‘progressivity of taxation’. Is it because we tax the most, spend the least and horde the most?
I refer to the article “Oxfam places Singapore last in Govt’s policy on progressivity of taxation despite what Heng said” (theonlinecitizen, Oct 11). It states that “Opposition member Lim Tean posted a message on his Facebook page today (11 Oct) highlighting that in the recent Oxfam Inequality Report, Singapore in...
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