REACH (Telegram) 44 - What are your thoughts about key challenges Singapore faces such as cost-of-living issues and global instability? How can Singapore adapt to meet these challenges?
(SK)
25 Nov 2024 (10am - 7pm)
REACH (Telegram)
REACH Singapore, [25/11/2024 9:49 AM]
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REACH Singapore, [25/11/2024 10:01 AM]
📢 Topic 📢
On Sunday (24 November), Prime Minister Lawrence Wong spoke about the key challenges facing Singapore. In particular, he highlighted the challenges of cost-of-living issues and a more unstable global landscape.
💬 What are your thoughts about key challenges Singapore faces such as cost-of-living issues and global instability? How can Singapore adapt to meet these challenges?
📌 Cost-of-living issues
While PM Wong acknowledged Singaporeans’ worries about the cost of living, he noted that it was not an issue unique to Singapore, as countries worldwide were facing similar pressures due to the recent spike in global inflation.
However, PM Wong emphasised that the government was doing its best to shield citizens from the worst effects of global inflation.
The Government has rolled out major packages over the last few years, with more help on the way in the coming months, such as another tranche of CDC vouchers in January 2025, said PM Wong.
“I am now preparing for Budget 2025, because I’m still the Finance Minister, remember. I will see how we can continue to provide additional support in the Budget,” he added.
📌 Facing an increasingly unstable world
PM Wong also spoke about geopolitical concerns which would likely affect Singapore.
Everyone is worried, he said, given the major wars raging in Europe and the Middle East, and US-China relations in a more challenging place. “There are many moving pieces geopolitically where things can easily go wrong,” he added.
PM Wong noted that the USA – while still pre-eminent – no longer wishes to be the world’s policeman. However, other rising powers like China and India are also focused on their own domestic issues, and are not in a position to take on larger global responsibilities yet, said PM Wong.
“Amidst this vacuum of leadership, we can expect more conflict and instability in the world, as state and non-state actors will be emboldened to test boundaries, often with little or no consequence,” he added, citing the ongoing conflicts in Ukraine and the Middle East.
Singaporeans must hence remain united, even as they are bound to have different views on global developments, said PM Wong.
“We cannot let our differences pull us apart. It is already tough to be a small country for our voices to be heard. It will be even tougher if our voice is diffused and incoherent. At the end of the day, we must consider the larger national interest and take a united position,” he said.
📌 Renewing Singapore's social compact
PM Wong said the PAP has stood for a fair and just society for all from its beginning, and built a system in Singapore that is clean and honest and that operates on the basis of merit.
While the core values and fundamentals will never change, Singapore has to adapt to new circumstances, and the evolving needs of society.
“We are tackling the next challenge of our generation – to renew our social compact, refresh our Singapore Dream, and to give every Singaporean the assurance and hope that tomorrow will be better than today,” he said.
“We have a full agenda under Forward Singapore. The changes and transformations we seek are just beginning, and they will unfold over several years,” added PM Wong. “This is what I am most passionate about. Working together, hand in hand, we can chart a new course and build a better Singapore.”
👉🏻 https://str.sg/u2UQ
👉🏻 https://str.sg/Mw4Z
👉🏻 https://www.channelnewsasia.com/singapore/pap-lawrence-wong-us-china-relations-israel-gaza-middle-east-4767341
👉🏻https://www.channelnewsasia.com/singapore/pap-conference-2024-lawrence-wong-general-elections-leadership-renewal-new-candidates-4767266
----
Tan LH, [25/11/2024 10:03 AM]
https://www.straitstimes.com/singapore/most-young-singaporeans-feel-it-is-not-necessary-to-marry-but-almost-7-in-10-want-to-poll
Tan LH, [25/11/2024 10:09 AM]
How to increase fertility rate:
Handing out benefits for couples to hv children is not enough for them to hv more children. Most couples will still hv only one child irrespective of handouts.
One area that is neglected is to encourage singles to get marry by providing a platform for singles to socialise and meet. Most singles remain single not by choice. Esp now with work from home, they lack opportunities to socialise.
Bring back the SDU in the 80s where they organised activities for singles to meet. Singles need encouragement to get married and hv children too.
G, [25/11/2024 10:49 AM]
Cost of living:
Cut profligate govt spending on expensive vanity PAP ego stroking projects like the founder memorial (Edwin tong say cost $335 mil to construct, and no clue on how much it costs to upkeep)
Stop buying and hoarding useless and harmful experimental covid jabs that require ultra cold storage (Pfizer jabs required to be stored at -70°C, https://www.msn.com/en-us/health/medical/70-degrees-how-philly-plans-to-store-a-covid-19-vaccine-that-must-be-kept-ultra-cold/ar-BB1aVxHY), requiring prolonged and unnecessary spending on expensive electricity
Then don't have to increase tax so much or don't have to increase tax at all
No tax increase = lower cost of living
Gabriel, [25/11/2024 10:59 AM]
I agree with this point on increasing the fertility rate. The govt should inspect the cost drivers to child bearing more effectively instead of just improving one aspect (e.g. increasing baby bonus/parental leaves, etc.) and pat each others' back to say that the job is done.
The job is 'done' when there is real and substantial improvement in the national fertility rate.
REACH Singapore, [25/11/2024 11:01 AM]
[ Poll : 1. I feel that the Government is doing enough to address cost-of-living concerns amongst Singaporeans. Please share the reason for your answer in the chats! ]
- Agree
- Neutral
- Disagree
REACH Singapore, [25/11/2024 11:01 AM]
[ Poll : 2. I am confident of the Government's ability to ensure Singapore's continued success in today's uncertain world. Please share the reason for your answer in the chats! ]
- Agree
- Neutral
- Disagree
Jun Ming, [25/11/2024 11:08 AM]
Agree on previous comments. Please focus more on fundamental infrastructure like the mrt breakdowns before considering memorial hall and making a big huha on the oxley road building.
Simplify process to reduce cost such as rental process, governmental paper work etc.
speedperry 耘瑞, [25/11/2024 11:11 AM]
MRT is critical infrastructure that let down a huge majority of residents. This year frequent breakdown is exactly a bad record; reversing sentiments would take a lot. Issue made worse with escalating prices in midst of poor performance.
Adam, [25/11/2024 11:11 AM]
There is another side to mrt oveloading. In spite of our declining birthrates, our city cant sustain our population. Hmmm
Yew Hwee Ong, [25/11/2024 11:33 AM]
Regarding the issue of a declining birth rate, structural changes to society should be made to ensure that both men and women can have more work-life balance so that they can devote more time and energy to starting and having a family, increasing cost of living in many aspects is also an issue that makes having children difficult, as it puts a lot of financial burden already on citizens who don’t even have children yet.
G, [25/11/2024 11:49 AM]
Every dollar saved from unnecessary profligate govt spending on irresponsible and unsustainable plans is a dollar gained for tax payers
Jun Ming, [25/11/2024 11:49 AM]
Agree that our population density is too high
Steven Ong, [25/11/2024 12:18 PM]
The rising cost of living is a very big concern to many of us, especially to our younger generations who are looking to set up families. Besides our housing, the job prospects in current changing geopolitical situation and market demands, and the cost of education may had put pressure on these young couples to consider children at later ages and have lesser children.
Jun Ming, [25/11/2024 12:27 PM]
So we must reduce demand by reducing new population
Jun Ming, [25/11/2024 12:27 PM]
And at the same time keep the supply high
TreasureHunter, [25/11/2024 12:51 PM]
I have a slightly different opinion on fertility rates. Low fertility rate in SG might not only come from rising cost of living, it may also be due to the abundance in life choices as SG's economy progress. If they have extra $$. Holidays, cars, entertainments, fancy restaurants, private properties, investment comes into mind. It's all about living life to the fullest. Having children is "an obstacle" to achieve and maintain that kind of affluent lifestyle. Govt using monetary benefits to lure these group of people to have kids will be futile.
REACH Singapore, [25/11/2024 1:58 PM]
Dear Contributors,
We want to HEAR MORE from you!
💬 What are your thoughts about key challenges Singapore faces such as cost-of-living issues and global instability? How can Singapore adapt to meet these challenges?
We have had good feedback from this group, and we hope that we can keep the discussion robust and active!
Do also share your opinion by participating in our polls! The poll questions are pinned for easy reference, and your vote is anonymous.
Thank you!
Megan 😊
LCL (Danny 心), [25/11/2024 3:03 PM]
*Why Global Inflation*
1. Let us examine the reasons why Singapore (albeit the whole world) experience high inflation after pandemic?
2. The current inflation Singapore is facing is unprecedented because of the following reasons :-
a. Pandemic - disrupt the most cost effective supply chain
b. Decoupling & Geopolitical rivalry - derail the most cost effective supply chain
c. War - disrupt the most cost effective supply chain
d. Global climate - destroy crops lead to short supply and trigger price hike
3. Singapore being a small Country - is unable to grow food, crops, have a complete end-to-end supply chain for production and manufacturing - and will require to import food, goods, raw materials for our economic growth.
Singapore in fact import 90% of goods and foods from overseas. (Source :- Meta AI, IRAS website).
4. Hence will the above conditions, imported inflation trigger the high inflation we are currently facing.
5. Though today's CNA news say Singapore core inflation has fallen to 2.1% - which is the same inflation rate pre-covid, food prices, groceries prices still stick - as food and groceries prices are inelastic and will stay and stick once increases - as demand is inelastic (because everyone need to eat).
LCL (Danny 心), [25/11/2024 3:12 PM]
6. Hence I agree with PM Wong assessment that the current high cost of living - is not self-induced - but global trigger - events that we cannot control.
7. But however, it is something that we can manage and cushion against.
8. What Singapore has done to cushion the impact of global inflation?
a. MAS manage the Singapore currency exchange rate vis-a-vis a basket of other currencies - to ensure our S$ remain strong (to make imported goods cheaper) while still ensure we remain price competitive to our export Countries.
b. With strong fiscal revenue (due to strong economy) - our running fiscal revenue is able to earn sufficient budget surplus to provide financial grants such as GST vouchers, CDC vouchers, conservancy rebate, utilities bill rebate etc - without incurring debts or dig into our reserves to fund the inflation grants.
LCL (Danny 心), [25/11/2024 3:21 PM]
*Computation of Grants*
1. Taking an example of computation of grants - for a 5 room HDB flats.
2024 - Individual + Household grants = $10,255
2025 - Individual + Household grants = $6,865 (budget from 2024 not including the coming 2025 budget)
2026 - Individual + Household grants = $4,675 (budget from 2024 not including the coming 2026 budget)
2027 - Individual + Household grants = $4,210 (budget from 2024 not including the coming 2027 budget)
2. Singapore inflation rate pandemic is about 7.5% (Source :- Meta AI)
3. Asssuming a household annual expense is $4,000 a month or $48,000 a month, Inflation will have added $3,600 to a household per year.
4. But as 2024 grant is $10,255 - $3,600, the household earn $6,655 from the Government grant --- more than cover the inflation.
LCL (Danny 心), [25/11/2024 3:29 PM]
5. As PM Wong say in the conference yesterday, more grants will come in the coming months and in Budget 2025, will do more as Budget permit.
6. Inflation to each individuals and households will be manageable.
7. Singapore is one of the very rare Country that is able to manage the runaway inflation - as compared to many Countries.
US incumbent government fall - because of high cost of living.
Other Countries as reported in news lamented high inflation - and make their population living very difficult.
India’s central bank chief warns over growing global inflation risks
https://www.cnbc.com/2024/11/14/indias-central-bank-chief-warns-over-growing-global-inflation-risks.html
Debt-saddled Laos struggles to tame rampant inflation - double digit inflation. Global inflation hitting many Countries. https://sg.yahoo.com/news/debt-saddled-laos-struggles-tame-030428151.html
"Middle-class Indians tighten their purse strings amid spiralling inflation". Food prices 10.87%, vegetables price 42.18%.
Food sticky prices inflation hit India.
https://www.straitstimes.com/asia/south-asia/middle-class-indians-tighten-their-purse-strings-amid-spiralling-inflation#:~:text=Middle%2Dclass%20Indians%20tighten%20their%20purse%20strings%20amid%20spiralling%20inflation
LCL (Danny 心), [25/11/2024 3:43 PM]
*Geopolitical Development - and World Order in a flux*
1. Currently, we are facing a very challenging World Order - as US is retreating into Isolation - disillushion to globalisation - and increasingly hostile to trade.
2. Singapore trade is 3 times the size of our GDP - coming to $1.5 trillion. We are very dependent on trade to survive, grow and thrive.
3. US being the largest consumption country in the world with GDP of about $27 trillion (a quarter of World GDP) - will have tremendous impact on us.
4. We trade with US $120 billion.
5. China is also our largest trading partner - that export enormous amount of goods to US.
6. If US is hostile to trade eg. imposing 60% on China goods and 10-20% on our goods - our trade will be impacted.
7. Hence we need to to recalibrate our trade, business and investment - to minimise any impacts that will come from US come 2025.
8. Such as closer regional tie-up in trade with ASEAN, Asia-Pacific, EU, Middle East, Central Asia, Africa, S America etc - to mitigate the impact to our trade.
The remainder of World GDP is $73 trillion - still plenty of opportunities for Singapore to reap the benefits of trade, business and investment even though US become isolationist.
9. Hence we need to support our Government to navigate this enormous challenge to our livelihood, our trade, our investment and our business - so that business can continue to create high value jobs, high income jobs into our shore - and we can continue to enjoy high standard of living.
10. Hence the coming election is very crucial to us. We cannot cripple our Government and Ministers team - and sabo ourselves.
We need the best team in the Government to help us navigate from troubled water - and ensure our livelihood and our lives will continue intact - to survive and thrive.
(Note :- putting aside Economics, we are facing very bitting global advesaries among the major powers specifically US-China, Ukraine war, Middle East war and Taiwan straits tension ---- that could unravel into something very big military conflict if not careful).
Hence our lives is at stake - and cannot afford to frivolously play around with our "sacred vote" - to create trouble for our own self.
Hanny, [25/11/2024 3:55 PM]
My take on this subject.
1. I agree that the resources spent on oxley rd house is unnecessary.
2. I agree that the founders memorial is not necessary.
3. We are living in a very troubled world. We need a strong gov to ride the rough seas.
4. Get back to basics. Improve our self reliance.
5. Educate the masses on the resources available. Many people are not aware on what’s available and how to get them.
LCL (Danny 心), [25/11/2024 3:59 PM]
*Slippery slope to more social welfare? Is it affordable?*
1. Let us examine what happen in US and the West - democracy system and capitalism (I will label it as raw capitalism).
2. US in particular are the raw form of capitalism and market economy.
a. Specifically, US let the best and brightest run in entreprenuership and keep most if not all their earn.
b. There are many billionaires with net worth of $100 - $200 - $200 billions.
c. But they are rarely tax.
d. Social welfare are few and far in between. Public housing is not heard off, Healthcare are unaffordable for the poor and middle income. Education are not subsidise and Universities fees debt are bare by graduates, Workers lose their jobs as manufacturing plants move to lower cost of production in overseas countries, workers are not retrained for skills, political system are gerrymandering the Electoral votes to favour the rich and successful and election are funded by the rich and powerful, lower and middle income unable to own house - and got to rent house with half of their salary and live paycheck to paycheck, government not enough tax revenue to build infrastructure or maintain the crumbling infrastructure because of poor tax revenue, incur big public debt to run government operations.
e. To summarise, the "Raw" Capitalism - favour the rich, powerful, successful entreprenuer - at the expense of lower and middle income.
3. Hence voters revolt and pull down incumbent government because of the flaw in Raw Capitalism and Gerrymander Democratic political system.
4. Essentially, the Society structure is a "Pyramid", a very elongated Pyramid whereby 1% are super ultra rich - but lower and middle income is very poor - under such Economic and Political System.
5. Hence majority of the US voters are disillushion on Globalisation, Trade, Investment - because the system only benefit a few ultra rich and not the majority of the people.
6. Redistribution and transfer of wealth are not in the system - to ensure the entire population benefits from Globalisation, Trade and Investment.
Hence US voters revolt in each Presidential Election and are hostile to Globalisation.
7. Social, income inequality are too wide - leading to dissatisfaction in the society - and frustration is thrown at each presidential election.
8. But each time, US is not solving the root cause of the problem - that is raw capitalism and gerrymander political system that favour the rich.
REACH Singapore, [25/11/2024 4:02 PM]
📢 Topic 📢
LCL (Danny 心), [25/11/2024 4:26 PM]
*Managed Capitalism and Tight Social and Income Compact*
1. Hence Singapore Government is taking a different take in Capitalism (Market Economy) and our Democratic System ---- through *Managed Capitalism and Tight Social and Income Compact*.
2. Singapore let the enterprenuers, the best and brightest professionals, businessman, foreign investment - by facilitating their success and earn more and more profit and run as fast and far as possible without stopping them (but ensure they conform to law and not harm the social welfare of the population).
3. At each year end, the Government will then put in policies to ensure how these rich and successful individuals and corporate share their wealth and success with the rest of population from Globalisation, trade, business, and investment. (Something like "shared prosperity").
4. This is not done by blunt tools or blunt policy - by imposing high income tax, or corporate tax or capital tax or inheritance - which is a sure way to chase away rich individuals and corporate - but do it in a skillful way (whereby they will feel they will benefit from their success and wealth but yet willing to pay taxes willingly as they spend - because they benefits from what they spend). Eg.
a. GST - the more the rich spend on luxuries goods like yacht, jewelleries, watch, designer watch, airplanes, clothing, accessories etc. the more GST the Government collect. The rich are willing to pay, no matter how high the price because they can afford it, and they feel the higher the price, the higher the value.
b. Buy more GCB, landed properties, high end condo etc and pay ABSD, stamp duties etc. The higher price the better, because they feel it is a good investment that will appreciate in values. Singapore earn high taxes from them.
c. Invest in financial investment instuments to earn interest income - and Singapore banks and financial institutions earn commission and invest their money to earn more investment income.
d. Buy expensive cars and Government earn COE, road tax, PARF, ARD etc.
e. With more ulta rich family offices (about $1.3 trillion) inflow of funds - Government can reap alot of tax revenues from them.
5. With such tax revenues earned, Singapore Government can afford to provide GST vouchers, CDC vouchers, Housing grants, Social Welfare grants, Medisave bonus, utilities rebate, conservancy rebates, health subsidies, education subsidies - by redistribution of wealth and tax transfers to the lower and middle income groups and even higher income groups.
6. This is "Managed" Capitalism (not "Raw Capitalism") through Government "Invisible Hands" to ensure all strata of the population benefits from the Globlisation, rich, business, investors --- to close up the Social Compact to ensure a more compact Income Equality and Social Equality.
This is a skillful way of "Shared Prosperity" - not blunt tools to stop the rich from getting richer or tax them "big big" and chase them away.
7. This is done without our Government "Dig into our reserves" or "Incur Debt" - like other countries. But yet earn sufficient fiscal surplus to fund our social cause.
8. Managed capitalism is also known as 中道。(Middle Path).
LCL (Danny 心), [25/11/2024 4:38 PM]
*Circular flow of income and the Multiplier Effect*
1. Now let us look at spending on our cultural heritage (and I will lump it to Toursim infrastructure) as well as Social Compact program.
2. Many people will look at expenditure of Memorial Hall and Oxley House as a frivolous spendings - that have no economic values.
3. In effect in economic terms, the expenditure on Memorial Hall has Economic values in toursim revenue receipts - through Circular Flow of Income and the accompanying Multiplier Effects.
4. Spending of $300 - $330 million on Memorial Hall may seems like a big sum. But Singapore need to continuously refresh our tourists spots mix - to continuously attract foreign tourists into our shore.
5. Our tourism receipts per year is $26 - $27.5 billion every year.
What is $330 million?
LCL (Danny 心), [25/11/2024 4:38 PM]
6. We have continously refresh our toursim spots eg. MBS, RWS - now have a billion $ refresh.
Sports Hubs.
Mandai zoo and bird parks.
We build Marina City Tree Tops
Changi Airport GEMS
Many jungle trail tracks.
Pasir Ris walk
Railway tracks
Marine Parade coastline refresh
etc.
7. Only by continously build new toursim spots and refresh our toursim spots - will we continue to bring in double digits billions $ tourism receipts.
LCL (Danny 心), [25/11/2024 4:48 PM]
1. How does circular flow of income and multiplier come into play in economic terms?
2. When Memorial Halls are build, it will need construction, building materials, interior designers, electrical, mechanical, water pipes, IT etc.
3. Many industries will benefit from the construction.
4. In economic term, government expenditure will start the whole process of Circular Flow of Income - whereby many industrial sectors business will gain by bidding for the tender - got business, create jobs, earn profits, earn salaries.
5. Such government spendings are normally activated to jumpstart the Economy - to inspire Economic growth and GDP growth - in period whereby economy is slowing down.
6. Multiplier effects will happen ie. eg. Government spend $1, it will trigger the Economy to multiply into $5 for example.
Multiplier = 1 / (1-MPC)
MPC - is the marginal propensity to consume, which is the propotion of additional income that is spend on consumption.
Eg. if MPC is 0.8, multiplier effect would be:
Multiplier = 1 / (1-08) = 1 / 0.2 = 5
Thus government initial injection of $100 would lead to a total increase in economic activit of $500.
(Source:- Meta AI)
LCL (Danny 心), [25/11/2024 5:00 PM]
7. Hence building Memorial Hall and maintaining Oxley is not wasting frivilous money - but in economic principles - is in fact growing Singapore economy through circular flow of income and mulitplier effects - in the building process, and refurbish process - by creating jobs and making construction business vibrant and make profit.
8. In addition to the benefits of attracting toursim receipts, multiplier effects through construction, it also help to preserve our cultural heritage - by letting population and future descendants know the history of Singapore, how we build our nation and our roads from "Nothing, a Marshland" to "Succcess, Our Cosmopolitan World Class City".
9. This will ensure that we will not 忘祖，忘宗。 (forget our ancestors and our roots and heritage.
Yew Hwee Ong, [25/11/2024 5:07 PM]
From a sociological and anthropological point of view, are our roots and heritage really of huge importance ? Sure for many people their identity is strongly influenced by their heritage and culture, but should that be more important than ensuring that we ensure as many Singaporeans being able to live a better life in the here and now and the future, rather than being constrained by our heritage and culture ?
LCL (Danny 心), [25/11/2024 5:14 PM]
Unless we want our descendants to forget our ancestors, our heritage, our culture.
LCL (Danny 心), [25/11/2024 5:14 PM]
Building our heritage has business and economic returns - for the construction and tourism sectors.
Not no value.
Jun Ming, [25/11/2024 5:19 PM]
This can be done when the world is more stable
Jun Ming, [25/11/2024 5:20 PM]
When Singaporean are satisfied with the basics
Jun Ming, [25/11/2024 5:21 PM]
Not now
LCL (Danny 心), [25/11/2024 5:21 PM]
Government give $10,255 per household.
Inflation only $3,600.
?
LCL (Danny 心), [25/11/2024 5:22 PM]
Also building heritage site boost Economic growth from $1 to $5 for example?
Construction sector grow - contribute to GDP and tax.
Tourism also grow and contribute to tax.
Jun Ming, [25/11/2024 5:24 PM]
From where do you have this figure
LCL (Danny 心), [25/11/2024 5:25 PM]
Most figures from Meta AI and Google.
Multiplier effect is an example how economic works.
Jun Ming, [25/11/2024 5:27 PM]
So you mean the heritage is for tourists not for Singaporean
LCL (Danny 心), [25/11/2024 5:27 PM]
Also Singaporeans.
LCL (Danny 心), [25/11/2024 5:28 PM]
Many people can understand what manufacturing, banking, etc bring.
But unable to understand what art, sports, heritage and tourism bring.
Yew Hwee Ong, [25/11/2024 5:30 PM]
Can you provide the actual source for this ?
LCL (Danny 心), [25/11/2024 5:32 PM]
GST grant calculators.
LCL (Danny 心), [25/11/2024 5:35 PM]
📢 *Cost-of-living Support Package*
The Singapore Government has announced a $1.1 billion cost-of-living support package to help households manage the rising cost of living.
This package includes various forms of support, such as GST vouchers, U-Save rebates, and Workfare Special Payment, among others.
Check out the infographics for more details!
*Find out the estimated benefits you and your household may receive from the Government with the Support For You Calculator!*
👉https://supportgowhere.life.gov.sg/budget/support-calculator
Jun Ming, [25/11/2024 5:36 PM]
I think heritage site is just a museum. can simply find a building and refurish it
But for the oxley road even if we preserve right it doesn't have any big impact as according to will it should not open to public
LCL (Danny 心), [25/11/2024 5:38 PM]
Let heritage board review and provide the details and then we will see.
xXx.SCAR.xXx, [25/11/2024 5:45 PM]
cheh, where got $10,255 per household?
Yew Hwee Ong, [25/11/2024 5:45 PM]
https://tablebuilder.singstat.gov.sg/table/CT/17922
Yew Hwee Ong, [25/11/2024 5:46 PM]
Hi, can anyone more knowledgable in Economics make sense of these statistics ?
LCL (Danny 心), [25/11/2024 5:47 PM]
My household got.
LCL (Danny 心), [25/11/2024 5:48 PM]
My extended family got.
LCL (Danny 心), [25/11/2024 5:48 PM]
My close friend family got.
xXx.SCAR.xXx, [25/11/2024 5:49 PM]
Quote carefully then, don't gaslight the rest of us.
LCL (Danny 心), [25/11/2024 5:49 PM]
Some got more.
Some got lesser depending on individual household.
xXx.SCAR.xXx, [25/11/2024 5:49 PM]
No offense but then you should have said so at the start
LCL (Danny 心), [25/11/2024 5:50 PM]
I am citing my examples.
xXx.SCAR.xXx, [25/11/2024 5:50 PM]
You are just misleading us
LCL (Danny 心), [25/11/2024 5:50 PM]
Sigh...
I write so many long stories.
A slip of my mind.
I will try to be careful next time.
LCL (Danny 心), [25/11/2024 5:51 PM]
Not intentional.
xXx.SCAR.xXx, [25/11/2024 5:51 PM]
Ok, nothing personal
LCL (Danny 心), [25/11/2024 5:53 PM]
But my point is, the support grant more than cover the inflation.
REACH Singapore, [25/11/2024 6:02 PM]
📢 Topic 📢
LCL (Danny 心), [25/11/2024 6:14 PM]
Not accessible.
Page not found.
Yew Hwee Ong, [25/11/2024 6:15 PM]
Too unfortunate, may have to access it later then.
REACH Singapore, [25/11/2024 6:46 PM]
Dear Contributors,
⏰ We will be closing the chat in 15 minutes ⏰
Thank you very much for being part of our Telegram chat and participating actively.
Goodnight!
Megan 😊
G, [25/11/2024 6:55 PM]
Incredulous $10,255.
Can just anyhow trust AI bot info meh?
LCL (Danny 心), [25/11/2024 6:56 PM]
GST grant calculators.
The actual money go into our pocket.
G, [25/11/2024 6:56 PM]
Didn't you say your household income is 5 figures?
So 5 figure household income get $10,255 from govt?
Incredulous
Unlikely to be true
LCL (Danny 心), [25/11/2024 6:56 PM]
Why not?
LCL (Danny 心), [25/11/2024 6:57 PM]
Use the calculator.
G, [25/11/2024 6:57 PM]
Show us a screenshot
G, [25/11/2024 6:57 PM]
Since this is your claim
G, [25/11/2024 6:57 PM]
Back it up
LCL (Danny 心), [25/11/2024 6:58 PM]
How to show screen shot?
G, [25/11/2024 6:58 PM]
Post somewhere and share link
LCL (Danny 心), [25/11/2024 6:58 PM]
All previous WhatsApp REACH group see the screenshot.
And they agree is true
LCL (Danny 心), [25/11/2024 6:58 PM]
Zzzzxx
G, [25/11/2024 6:58 PM]
New group. Back up your claim to this new group
REACH Singapore, [25/11/2024 6:59 PM]
Dear Contributors
We will be closing the chat for today.
Thank you very much for being part of our Telegram chat and participating actively.
Goodnight!
Megan 😊
LCL (Danny 心), [25/11/2024 6:59 PM]
You either believe or don't.
No need to prove to you.
G, [25/11/2024 6:59 PM]
No one believe your wild claims
LCL (Danny 心), [25/11/2024 6:59 PM]
Hahaha
G, [25/11/2024 6:59 PM]
AI generated wild claims
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