Analysts call Budget 2025 ‘feel-good’ and generous, but netizens remain sceptical
Netizens remain sceptical about Budget 2025, arguing that handouts do little to ease financial strain. While analysts describe it as a "feel-good" Budget ahead of the General Election, many believe the aid is temporary and long-term price hikes will follow.
https://www.theonlinecitizen.com/2025/02...sceptical/
Budget 2025: "Feel-Good" for Analysts, Scepticism from Netizens
Title: Analysts call Budget 2025 ‘feel-good’ and generous, but netizens remain sceptical
Source: The Online Citizen, published on February 20, 2025
Theme: Budget 2025 is seen as a "feel-good" budget designed to appeal to voters ahead of the General Election, but many Singaporeans are skeptical about its effectiveness in addressing the rising cost of living.
Core Points:
- Analysts' Perspective: Analysts consider Budget 2025 to be a "feel-good" budget, highlighting its generosity, particularly in the context of the upcoming General Election. They believe the timing and contents of the budget are strategically planned to benefit the ruling party.
- Netizens' Skepticism: Many Singaporeans expressed skepticism on social media, arguing that the handouts and vouchers provided by the government are insufficient to address the long-term financial strain and rising cost of living. They worry that the aid is temporary and will be followed by price increases after the election.
- Concerns about Election-Year Generosity: Netizens pointed out that increased handouts are often a pattern during election years, raising concerns about the government's motivations. Many believe the generosity is a short-term tactic to win votes and that the true impact of the budget will be felt over the next five years when costs inevitably rise.
- Call for Policy Review: Some Singaporeans argued that the need for generous handouts before every election reflects the government's failure to address underlying structural issues and the growing gap between the government and citizens. They believe a fundamental review of policies is necessary.
Phenomenon:
- The article highlights the contrasting views on Budget 2025 held by analysts and ordinary citizens. While analysts focus on the political implications and the government's strategic maneuvers, netizens are more concerned with the practical impact on their daily lives and the long-term consequences.
Additional Information:
- The article notes that the Budget includes increased Community Development Council (CDC) vouchers and utility rebates, along with SG60 credits.
- Families with three or more children are to receive additional support to manage rising costs.
- The article discusses the potential timing of the General Election, with analysts suggesting it could be held between May and July.
Yes.
Long term price hikes will follow.