The No-Growth Economy and the Bankruptcy of the PAP Economic Model
On Thursday 14 October The States Times published a synopsis of the Ministry of Trade and Industry’s (MTI) release of the advance estimates of GDP growth in the third quarter […]
Will PM Lee Finally Come Clean at NDR 2021 and Admit His Government’s Policies for 40 Years Have Been a Failure?
We have been given a preview of LHL’s National Day Rally speech when Lawrence Wong gave an interview to the BBC a week ago. (The BBC should be given the […]
Farce of Twelve Cupcakes Prosecution Sends a Clear Message from MOM: Crime Pays But Protecting Singapore Workers Doesn’t
Today I read that the founder of Twelve Cupcakes, Daniel Ong, had been fined $65,000 for breaching employment laws for underpaying his S Pass holders. His ex-wife Jaime Teo was […]
As Singapore Heads Into Another Lockdown, the Government’s Failure To Provide Enough Stimulus Is Hurting Our Citizens
In my analysis of Budget 2021, I criticised Heng Swee Keat’s failure to provide enough stimulus and warned that SIngaporeans would pay the price. I said that while Heng projected […]
The Pandemic Exposes the Fallacious and Mendacious Reasoning Behind the PAP’s Foreign Worker Policy
In a statement on 16 March 2021 Ministry of Manpower (MOM) revealed that total employment dropped by 166,000 in 2020. However more than 100% of this was accounted for by […]
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 […]
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 […]
The PAP Government Shrugs Off the Decline in Median Income As Not Their Fault But Can’t Hide the Fact Singaporeans Get a Bad Deal
On Thursday December 3rd Ministry of Manpower (MOM) published their figures for 2020 for median gross monthly income from work of full time employed residents, i.e. citizens and PRs. Just […]
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 […]