Sunday, April 13, 2025

Flaws with WP alternative policies in Parliament 

13 Apr 2025


@Babe:Flaws with WP alternative policies in Parliament :

1. Propose land sales to finance recurrent fiscal budget - soon no more lands for younger generations as Singapore is a little red dot.


@Babe:2. Use more nirc 60% - no GST hikes.

Equivalent to raiding our reserves & leaving less reserves for our younger generations.


@Babe:3. No GST hike - Government fiscal budget deficit results in debts. Unable to accumulate surplus to do tax transfer to 90% of the population.

4 members family get > $10,000 tax transfer for 2 years.

@Babe:CDC, GST vouchers, utility rebate, senior bonus etc - 4 member family receive > $10,000 rebate.

More than GST, inflation rise. 2% $48,000 - GST hike= $960.


@Babe:How many people spend $4,000 a month or $48,000 a year? 2% GST hike is only $960.

A 4 member family receive $10,000 or more.

$10,000 not enough to cover $960?


@Babe:Did you do a calculation before you fool the voters?

You think all voters are stupid?


@Babe:Are you saying a household spend $4,000 a month now spend $8,000 a month because of 2% GST hike?

Singapore voter's stupid?


@Babe:Who actually pay for the GST hike?

It is the top 10% rich people paying for the GST. 

90% of the population actually gain from the GST tax transfer - and incur no loss from GST hike & inflation.


@Babe:So oppies didn't do a detail computation but attempt to fool gullible voters.


@Babe:4. Advocate Minimum wages without productivity growth. Singapore labour force lose competitiveness to other countries.

PAP advocate PWM - step increase in wages with productivity growth.


@Babe:5. Advocate Retrenchment insurance.

Retrenched workers no incentive to rejoin workforce.

PAP provide job support fund + training + job placement.


@Babe:6. Advocate Nationalisation of public transport.

This will drain taxpayers money, inefficiency, no market discipline, cannot bid overseas project to earn revenue.


@Babe:7. WP Manap - want politics, governance to mix with religion citing Islam operate this way.

Pritam cut him off.

Singapore is secular society.

He want Buddhism, Christianity, Hinduism to mix with governance?


@Babe:8. Suggest 70 year lease. Then top up for 29 years.

a. When you retire, got money to top up?

b. If 70 year lease expires, you still survive no where to live?


@Babe:9. If want to sell the flat with lower lease, cannot fetch good price.

a. 99 year lease, people already say barely enough,WP say HDB flat should start with 70 years lease?


@Babe:10. 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.


@Babe:11. Layers of check & balance in policy formulation:-

1. Civil service - department

2. COPS - Council Of Permanent Secretaries

3. Parliamentary Secretaries in various Ministries


@Babe: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.


@Babe:12. 2 party system results in a deadlock government.

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


@Babe:13. What solutions is WP proposing to secure Singaporeans jobs threaten by AI, trade tariffs, tech disruption?

What is WP alternative governing policies for Singapore?


@Babe:Can WP govern Singapore?

Looking at the flaw alternative policies propose by WP - Singapore will lose its competitiveness quickly and our reserves will dry out very quickly.


@Babe:Why government spend on memorial hall, because government need to refresh tourism spots to attract tourists spendings.

@Babe:Target $50 billions are earn from tourism.

Memorial heritage worldwide is one tourists attraction big spenders.

@Babe:When external trade take a hit, tourism is to cushion the impact to stimulate domestic economic.

@Babe:$150 million spend on memorial heritage can spin off multiplier effect many times the amount through circular flow of income in construction and subsequent recurrent revenue.

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@Politics Factual Martin:How are their policies flawed when they are not targeting to be gov?


@Babe:So you admit WP MPs are sub-standard?

If there are PAP MPs why need PAP - lite?

Taking up space for Ministers to solve National problems?


@Babe:We need best brains to resolve difficult and complex national problems.

If candidates are not of the right caliber, drop out of the race.

Don't take out spaces meant for the best brains.


@Babe:Don't sabo Singapore!


@Babe:So democracy is not based on meritocracy and competency.

Even though oppositions quality are lower than PAP, voters will still elect them into Parliament even though their ideas are substandard.

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@Babe:Do you know why Trump is facing a massive Treasury bonds sell out?

It is precisely adversaries know US debt is $36 trillion.

A coordinated sellout crash US Bond and hike Trump cost of borrowing.


@Babe:Jamus Lim suggest the government reveal the size of our reserves and let speculators crash our financial market?


@Babe:The President and his Council have a full account of all Singapore reserves.

Why the need to fully publish it and let bad actors attack Singapore & cripple our finance system?


@Babe:Adversaries in the US Bond market know exactly what tranche are maturing, where to refinance their bonds etc and do coordinated attacks to short US Bond market.


@Babe:This has upset Trump economic plan who rely on Treasury Bond to finance their fiscal budget - precisely all their details are known to adversaries.


@Babe:Does Jamus want Singapore to undergo similar financial attack like the last Asian financial crisis when ASEAN come under attack - and trigger devaluation of ASEAN currency that lead to a recession?


@Babe:The global challenges are now more potent as geopolitical tensions deepen.

All the more we should keep our reserves safe and get ready if our financial system come under attack.


@Babe:Don't put your stake and children stake in the oppositions.

Put your bet on PAP who have help us to ride many crisis.

Tariff crisis is heavyweight - as supply chain has been broken.

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