With higher prices for goods and services, the same amount of money will buy less. This reduction of purchasing power affects all S'poreans, regardless of income level. While those with higher-income might absorb the increased costs more easily, lower-income households will feel a greater strain on their budgets.
To be honest PAP is the poison causing so much sufferings to sinkees.
Do we have another model?
Defence minister?
It is not complicated to understand : More gst = more surplus for govt.
The govt's primary claim to legitimacy rests on delivering economic prosperity through growth, with stability as a vital supporting element. However, the govt's own policies, driven by an intense pursuit of economic growth at all costs, is leading these 2 to clash, since accelerated growth strains social stability. The govt argues that the resulting improvements in living standards justify their authoritarian rule, which they claim ensures efficiency and stability, as argued by LKY's past defense of interventionist policies for progress. This argument is contested, with examples of democratic nations achieving economic success and authoritarian regimes failing to do so. LHL presented economic growth as his main achievement and justification for its continued authoritarian rule, suggesting that S'poreans prioritise the country's economic well-being over our hardship from the soaring cost of living, job loss, influx of foreign white collar labour, overcrowding, spiralling inflation, runaway property and car prices etc.
There is a buff version of Chan Chun Sing with fuller hair and muscles from working on the sheep farm collecting cotton:
They are the 60% who are afraid of change, and would rather choose the devil they know.
Up to 60% of S'poreans believe in doing the same thing every 4 years, and expecting their lives to be changed for the better.
Like the typical CECA, he is full of shit.
He is Maharaj style…great conquered style de woh
