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(08-02-2024, 11:35 AM)Huliwang Wrote: Did she implicitly says that in the past episodes of releasing reserves the fund did not go onto the masses to weather the storm but got directed to a small minority? I did not remember seeing this but looking back I dun remember the country ran into a crisis where masses were hit so badly until doles were needed. Only remember during the pandemic the govt did dished reserved funds to a number of companies and businesses that dun really need the money and giving money and free hotel stays for Malaysian workers stuck here due to border closing. This I agree is bad management of crisis fund.
What I dislike is her questioning whether the reserves are necessary as our population is shrinking. The thing is our population is not shrinking but actually getting bigger through other means such as migration and the migrants are given citizen status and they also CONTRIBUTED to building the reserves. She indirectly or purposely left out the new citizens. My stand is reserves are not solely build for future generations. For a start reserves are for crisis and no one knows when and how big the crisis will be. It could be war, financial crisis or whatever. I remember the financial crisis where big countries like Indonesia and Thailand must bow to IMF for loans to revive their economies. What happened to their reserves?
How much reserves is enough? PM already answered that and I agree.
I think they did marvelous during covid. Why they pump $$ into SQ? If SQ dies .... Changi Airport dies, then SATS dies ... you know how many jobs are lost. Also its old man baby.
I was having kopi with SG tourism board buy, he said the gov pump billions to the hotel & toruism industry to keep as much job as possible ..... WHY????
Here are the results, SQ first airline in Asia if not the world turned profitable after the lockdown.
While other countries struggle to find worker to support tourism ... we have F1, major concerts after concerts .... with SQ bringing in tourists
KTV妹妹说,香港人无义,台湾人无情,新加坂人无智
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I don't want to degrade her pov to one that is of populous politics... Reserves are to sustain a nation during tough periods. When the country survives and get back on its feet will it then be possible for communities, families and individuals to thrive. It is difficult to do fund distribution to individuals and hope that it leads to a socially and national level coherent outcome...
But I do question who are the minority that got the bulk of the reserves. National carrier I have no issue with it as the spillover effect is positive given that we are a huge player in international travel. But the rest of funding went to dormitories and related?
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(08-02-2024, 10:07 AM)Tangsen Wrote: SG oppositions all fugging useless
Too many dafts lah.
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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(08-02-2024, 11:14 AM)singaporean1964 Wrote: saved for my son and the lee dynasy lah
u tot we saved for your grandkids ah...lol
If your son is 败家子 or not filial , give to charity?
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(08-02-2024, 12:25 PM)RiseofAsia Wrote: Too many dafts lah.
Lim Tean talks like a drunk high on drugs while Jeyaretnam is like a retard ... where got hope
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(08-02-2024, 12:31 PM)Tangsen Wrote: Lim Tean talks like a drunk high on drugs while Jeyaretnam is like a retard ... where got hope
I already said many times, let sg rot.
Finally, got catch 1 big one recently.
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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(This post was last modified: 08-02-2024, 12:35 PM by
RiseofAsia.)
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(08-02-2024, 12:32 PM)RiseofAsia Wrote: I already said many times, let sg rot.
Finally, got catch big one recently.
SG won't rot lah ... not for at least 20-30yrs
If rot usually from external factors
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(08-02-2024, 12:31 PM)Tangsen Wrote: Lim Tean talks like a drunk high on drugs while Jeyaretnam is like a retard ... where got hope
These 2 are obviously not my choices becos they are not credible candidates. They are lots of other potential and highly qualified candidates in PSP and SDP who deserved a seat in Parliament.
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