whereas this current PAP keep mention wat this and that narrow the gap , it seem don't work.
ST report inflation, foods price etc people cannot endure
whereas
ST report on weekend got one Condo sales good response a lot buyers they do mention " 90 percent are Locals "
1. The PAP has to be seen as trying to narrow income gap...but they know it will never happen with their imports of foreign labor and low tax regime.
2. Income gap will get higher and higher over the long term.
3. The PAP soften the pain by implementing workfare, cpf topups, Pioneer gen package etc. Near election so they can get the votes.
4. Reality is eventually it will break. The people are nog perpetually stupid and blind.
(23-05-2022, 05:41 PM)sgbuffett Wrote: [ -> ]1. The PAP has to be seen as trying to narrow income gap...but they know it will never happen with their imports of foreign labor and law tax regime.
2. Income gap will get higher and higher over the long term.
3. The PAP soften the pain by implementing workfare, cpf topups, Pioneer aberration package etc. Near election so they can get the votes.
4. Reality is eventually it will break. The people are nog perpetually stupid and blind.
Not say I like LKY so much, just that he is indeed knows what to do , what cannot do.
What he said is correct , How Govt get money? or else how to profit ? He do narrow the poor and rich back in good old days.
https://www.youtube.com/watch?v=5uAYnSpp3hQ
the PROBLEM NOW is THIS Current PAP Lead by LHL Literally NEVER EARN profits much for SG eventually the people will gain it
I was listening to the radio
and one old man hit the nail!
为 和 富裕 的新加坡 会有 越多 穷人 ?
(23-05-2022, 05:32 PM)[[ForeverAlone]] Wrote: [ -> ]whereas this current PAP keep mention wat this and that narrow the gap , it seem don't work.
ST report inflation, foods price etc people cannot endure
whereas
ST report on weekend got one Condo sales good response a lot buyers they do mention " 90 percent are Locals "
New locals issit?
(23-05-2022, 05:41 PM)sgbuffett Wrote: [ -> ]1. The PAP has to be seen as trying to narrow income gap...but they know it will never happen with their imports of foreign labor and law tax regime.
2. Income gap will get higher and higher over the long term.
3. The PAP soften the pain by implementing workfare, cpf topups, Pioneer aberration package etc. Near election so they can get the votes.
4. Reality is eventually it will break. The people are nog perpetually stupid and blind.
Luckily u poor
New citizen from china and india are mainly condo buyers
(23-05-2022, 09:40 PM)SeewhatLook Wrote: [ -> ]New citizen from china and india are mainly condo buyers
![Angry Angry](https://sgtalk.net/images/smilies/angry.png)
The govt should focus on organic growth rather than depend on 'steroid' stimulated one such as letting in large number of wealthy immigrants. The latter is only a short term solution which will ultimately break our society. Just look at HK.