Serious Bro Swee Keat To Announce the Solidarity Budget For Samsters And Sinkies! Majullah PAP!

[JohnTan]

SINGAPORE - The Government will announce an unprecedented third round of support measures to help tide Singapore through the one month of Covid-19 "circuit breaker" distancing measures, Deputy Prime Minister Heng Sweet Keat said on Sunday (April 5).

Mr Heng, who is also Finance Minister, said the measures to support workers, businesses and households will be announced when Parliament sits on Monday.

To be called the Solidarity Budget, the supplementary measures mark the first time in history that the Government has released three Budget statements in less than two months while tapping on Singapore's reserves, and come as enhanced measures to break the chain of virus transmission come into effect next week that will result in all schools and most workplaces closing.


Mr Heng said the Covid-19 situation has taken a very sharp turn, both globally and locally, and strong measures have to be taken to protect lives.

But the economy has taken a hit as a result.

"We must remain steadfast in the face of crisis, and stand in solidarity with one another during these difficult times," he said.

"I am therefore naming this set of measures to tide us through the 'circuit breaker' the Solidarity Budget."

The new set of measures follows a nearly $55 billion package from the Feb 18 Unity Budget and March 26 Resilience Budget aimed at protecting jobs, helping enterprises with immediate challenges, and strengthening economic and social resilience so Singapore can emerge intact and stronger.

"Unity, Resilience, Solidarity - these values will come to define who we are as a people," said Mr Heng, who called the fight against Covid-19 the defining chapter of this generation.

"The bonds that bind us together will be forged and renewed in this crisis, much as how the turbulent years of Independence brought our founding generation together."

He thanked earlier generations of Singaporeans who have saved up and built strong foundations for the country, giving the Government the wherewithal to dip into the country's savings to protect people and their jobs.

"When the storm eventually subsides, as all storms do, I am confident that as a stronger society, we can build an even better future for our children and our grandchildren," he wrote on Facebook.

Mr Heng will deliver his ministerial statement at 2pm on Monday, the Ministry of Finance said.

The speech will be broadcast live on various platforms, and will also be published on the Singapore Budget website after it is delivered.

Parliament will also resume its debate on the Resilience Budget that Mr Heng delivered on March 26.

He will then round up the debate on Tuesday.

https://www.straitstimes.com/singap...apore-through-covid-19-situation-to-be-rolled

 

[shiokalingam]

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It is a slow day in the small Saskatchewan town of Pumphandle, and streets are deserted. Times are tough, everybody is in debt, and everybody is living on credit. A tourist visiting the area drives through town, stops at the motel, and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs to pick one for the night. As soon as he walks upstairs, the motel owner grabs the bill and runs next door to pay his debt to the butcher. The butcher takes the $100 and runs down the street to retire his debt to the pig farmer. The pig farmer takes the $100 and heads off to pay his bill to his supplier, the Co-op. The guy at the Co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her "services" on credit. The hooker rushes to the hotel and pays off her room bill with the hotel owner. The hotel proprietor then places the $100 back on the counter so the traveler will not suspect anything. At that moment the traveler comes down the stairs, states that the rooms are not satisfactory, picks up the $100 bill and leaves. No one produced anything. No one earned anything....... However, the whole town is now out of debt and now looks to the future with a lot more optimism.


*And that, ladies and gentlemen, is how a Stimulus package works*

 

[JohnTan]

Add bookmark #1



It is a slow day in the small Saskatchewan town of Pumphandle, and streets are deserted. Times are tough, everybody is in debt, and everybody is living on credit. A tourist visiting the area drives through town, stops at the motel, and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs to pick one for the night. As soon as he walks upstairs, the motel owner grabs the bill and runs next door to pay his debt to the butcher. The butcher takes the $100 and runs down the street to retire his debt to the pig farmer. The pig farmer takes the $100 and heads off to pay his bill to his supplier, the Co-op. The guy at the Co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her "services" on credit. The hooker rushes to the hotel and pays off her room bill with the hotel owner. The hotel proprietor then places the $100 back on the counter so the traveler will not suspect anything. At that moment the traveler comes down the stairs, states that the rooms are not satisfactory, picks up the $100 bill and leaves. No one produced anything. No one earned anything....... However, the whole town is now out of debt and now looks to the future with a lot more optimism.


*And that, ladies and gentlemen, is how a Stimulus package works*

So the Solidarity Budget would aid samster whores to settle their debt with the various budget hotels at Geylang? I hope you oppies feel lots of pain whenever you pee.

 

[Bad New Brown]

Even without the unity, resilience or solidarity - my life savings can last me 12 good years without an income