Tuesday, April 1, 2025

Disagreement with WP due to flaw with WP alternative policies

 1. Nationalisation of public transport - drain taxpayers money, inefficiency, cannot bid overseas project.

2. Minimum wages

3. Retrenchment insurance 

4. Use more nirc 60% - no GST 

5. Land sales to finance recurrent budget 

6. Raid our reserves 

7. No GST - lose Government tax transfer 

https://www.channelnewsasia.com/singapore/wp-object-budget-2022-gst-hike-pritam-singh-2525071#:~:text=Workers%27%20Party%20disagrees%20with%20GST%20hike%2C%20will%20object%20to%20Budget%202022%3A%20Pritam%20Singh

8. Use money laundering confiscated proceeds to compensate scam victims

9. WP Manap - want politics, governance to mix with religion citing Islam operate this way.

https://mothership.sg/2019/10/news-parliament-shanmugam-faisal-manap-religion-politics-separation/

"Shanmugam repeatedly questions WP's Faisal Manap over separation of religion from politics.

Eventually, WP chief Pritam Singh stepped in to make a statement."

"But I think ultimately for a Member of Parliament of any political party in Singapore, I think it’s important that you remember that you have to represent the interests of every community, not just yours."

At least this time, WP leader using his conscience "own self check own self" - his member suggestions is not implementable in a secular society in Singapore.


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I have jotted a few alternative policies proposed by Jamus in which he champion in Parliament and a few by WP MPs (some are economic policies he can influence as economist but he supported them).


They are:-


1. Minimum wages (without productivity growth) - make our labor forces uncompetitive and drive up business cost and consumer cost.


2. Use more nirc 60% - no GST hike. And use up reserves meant for our future generations.


3. Retrenchment insurance (with no incentive or push for re-employment and training). End up more workers will drop out of the workforce.


4. Use Land sales to finance recurrent fiscal budget & raiding our reserves as land supply is finite. No more land for future generations.


5. No GST tax - lose Government tax transfer and redistribution of wealth to lower Gini coefficient. And impact our fiscal sufficiency.


6. Nationalisation of public transport during MRT fault - drain taxpayers money, lead to inefficiency, lose opportunities to venture into overseas market.


7. Use money laundering confiscated proceeds to compensate scam victims instead of setting up Trust fund to earn income to fight scam and compensate scam victims.


@Babe:If this guy and WP are to govern Singapore - Singapore will finished!


@Babe:As an economist making such fundamental economic mistakes are deadly for Singapore.


@Babe:1. There are so many layers of government in formulating government policies before it finally settled in Parliament.

2. Not a blank check or own self check own self.

3. This show his ignorance.


Layers of check & balance in policy formulation:-

1. Civil service - department 

2. COPS - Council Of Permanent Secretaries 

3. Parliamentary Secretaries in various Ministries 

4. Public Consultation with Private Professional Bodies

5. Cabinet Ministers 


Before presented to Parliament debates.

Oppositions rarely value add to amend in Parliament because it is robustly debated.

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@Babe: 2 party system results in a deadlock government.

Just look at US, UK, S Korea and many others - changing government like changing clothes.


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