What Economics Can Teach Us About The Irresponsible Fiscal Policies Pursued by Germany and Singapore
It is always remarkable how much praise Singapore gets from liberal or left-leaning economists who should know better. A few years ago the Nobel laureate, Joseph Stiglitz, held Singapore up […]
Budget 2018: Same Old Cliches As Heng Makes Your Money Vanish in the Uniquely Singaporean Version of the Shell Game
Budget time yesterday and my first thought was that I had stepped into a time machine and been transported back to last year’s Budget. In fact the same could be […]
We Know It’s Budget Time When State Media Put Up An Unsympathetic Family to Trick You Into Thinking PAP Government Can’t Do More
It is Budget time again and part of our good old PAP-controlled state media’s job is to prepare Singaporeans not to expect too much from their government. Then, when the […]
Will He Stay or Will He Go?
I for one have always been sceptical of the assumption that Lee Hsien Loong would step down as PM when he reaches 70. This seems to have originated in a […]
Han Fook Kwang Softens the Ground for Unnecessary and Regressive Tax Increases
A couple of days ago the State Times published an article by Han Fook Kwang titled “Time to introduce a wealth tax in Singapore?“. Han was formerly the Political Editor […]
Heng Swee Keat Studied Economics With Me at Cambridge. Yet These Days He Seems to Have Forgotten Most of What He Learnt in His Eagerness to Parrot His Master
Recently I put out a blog article questioning why PM Lee needed to raise taxes, “Hey Lee Hsien Loong, Where’s Our Money Dude”. I pointed out that given the size of […]
Budget 2016: Stuck in a Car in the Fog. Who to Ask for Directions?
Since 2012 I have pointed out, repeatedly, that the Singapore Budget presentation gives a deeply misleading picture of the Government’s finances. I have written innumerable times on how the Budget does […]
Changing Austerity For Prosperity
Budget Day, which has been postponed to March 24 this year without a reason being given (perhaps to coincide with the anniversary of LKY’s death) will soon be upon us. The […]
The International Scholarship Programme is a Perfect Example of the Discrimination Practised Against Singaporeans
In my last article (Has Lee Hsien Loong Forgotten Who Pays His Salary?) I wrote about the way that Lee Hsien Loong and the PAP Government treat expats as more […]
The Ricebowl Singapore (TRS) 