My Analysis of Budget 2022
Hi everyone I’m speaking to you today 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 […]
Indranee Rajah Misleads Parliament by Falsely Claiming Singaporeans Will Be Protected from the GST Hike for 5 Years. Should She Be Referred to the Committee of Privileges?
In his New Year Message PM Lee Hsien Loong said that “the Government will have to start moving on the planned hike in Goods and Services Tax (GST) in Budget […]
As More Singaporeans Go Hungry, PM’s Wife Offers Free Mouthwash
In my last blog I satirized the fact that, instead of regular cash dividends from Singapore’s massive and secret pile of financial assets (which I estimated here could theoretically be […]
While the US Economy Is Expected To Grow Twice as Fast as Expected, Singapore’s Economy Is Held Back by PAP’s Absurd Fixation on Austerity
The Organisation for Economic Cooperation and Development (OECD) has just forecast that the American economy will expand by up to 6.5% this year, up sharply from the 3.2% forecast in […]
Heng’s Desperate Attempts To Deceive Singaporeans End Up Revealing Enormous True Size of the Reserves
During the Budget Debate on Friday 26 February Heng was asked about using the proceeds from land sales in the Budget. His answer was deliberately disingenuous: “The current approach of […]
Budget 2021- Not Enough Stimulus in FY2020, Premature Withdrawal of Aid in FY 2021 and Not Enough Help for Singaporeans
FOR IMMEDIATE RELEASE Inadequate Stimulus in FY2020 In my last blog post, written just before the Budget presentation, I pointed out that the economy had suffered as a […]
On Eve of Budget 2021, It Is Clear the Economy Is Paying the Price for the Government’s Failure To Provide Enough Stimulus
In a few hours my old Cambridge colleague, the Finance Minister and Postponed Yet Again Seat Warmer PM-In-Waiting Heng Swee Keat, will be presenting Budget 2021. State media have been […]
Well Done GIC for Investing in DoorDash ! Too Bad for CPF Holders Who Don’t Get to Share the Profits
Two days ago the US online food delivery company DoorDash debuted on the New York Stock Exchange and its shares popped by 86% though today they have come off nearly […]
Decision To Withhold Civil Servants Year-End Bonuses Shows PAP Government Doesn’t Understand Economics
On November 27 the Public Service Division (PSD) announced that Singapore’s 85,000 civil servants will not receive any year-end bonus this year . This followed the cancellation of the mid-year bonus […]
The Ricebowl Singapore (TRS) 