Govt give us money this March

[Frankiestine]

This year financial budget will top up so 2 get twice the amount. Should be enough for U to fly to Bangkok on Budget Air, do it once then fly back

hmmm like that maybe consolidate until july then go tarma...

 

[depeche]

The govt takes a dollar and gives back 10 cents. You happy?

I guess the govt do takes a dollar and only gives back 1 cents to be exact...so not happy

 

[sohbuckkong]

ok so we will receive the gst package this march, isit in the form of cash or what?

 

[The_Latest_H]

People won't be happy if the GST credits were given in the form of CPF for sure...

Still, each Aussie citizen will get $950 in cash from the federal govt in Canberra, automatically credited into one's bank account, even without applying for it.

 

[Frankiestine]

Still, each Aussie citizen will get $950 in cash from the federal govt in Canberra, automatically credited into one's bank account, even without applying for it.

damn the aussie are getting 950 while we with one of the highest reserve in the world are only getting 250 worth of peanuts...

 

[The_Latest_H]

damn the aussie are getting 950 while we with one of the highest reserve in the world are only getting 250 worth of peanuts...

THose who are out of a job, all those who are mainly blue-collar, will have jobs available in helping to repair schools, upgrade schools, rebuilding the road network systems, the broadband network(subjected to Parliament/Senate approval), and weatherisation of homes.

The Aussie federal government, unlike ours, is doing much more to keep the economy from sinking too low. Thus far, if there's a recession, they predict it would be small, just below 0%(-0.2%, I heard). If there's growth, they say it'd be 1%- still way better than the US, South Korea, Japan, Europe, Indonesia and of course Singapore, whom some believe will sink 10% this year.

 

[newyorker88]

If there's growth, they say it'd be 1%- still way better than the US, South Korea, Japan, Europe, Indonesia and of course Singapore, whom some believe will sink 10% this year.

-10%? For singapore? That will be the worst recession since independence. I wonder will the MPs be asked to give up their bonese and pay? Since their pay is peg to performance right?

That brings up a question. What the ministers got to do with GDP? The 84 of them goes around getting more business?

 

[The_Latest_H]

-10%? For singapore? That will be the worst recession since independence. I wonder will the MPs be asked to give up their bonese and pay? Since their pay is peg to performance right?

That brings up a question. What the ministers got to do with GDP? The 84 of them goes around getting more business?

I dunno. But Bloomberg predicted the worst for Singapore in a wire report on Wednesday, and I trust them more than MAS which had to revise their economic projections 3 times in 3 weeks.

 

[Sideswipe]

if one day, PAP are in danger of losing the elections, they will empty the reserves and everyone will get $10000 dollars bribes in one shot.

nothing is more important than the survival of the regime.

 

[newyorker88]

I dunno. But Bloomberg predicted the worst for Singapore in a wire report on Wednesday, and I trust them more than MAS which had to revise their economic projections 3 times in 3 weeks.

I heard of that report too. It is still too early to say anything. Nobody knows how bad it will be.

 

[newyorker88]

if one day, PAP are in danger of losing the elections, they will empty the reserves and everyone will get $10000 dollars bribes in one shot.

nothing is more important than the survival of the regime.

10000? I am waiting for that day.

 

[Frankiestine]

I dunno. But Bloomberg predicted the worst for Singapore in a wire report on Wednesday, and I trust them more than MAS which had to revise their economic projections 3 times in 3 weeks.

but then again we sinkees will never get the true picture right? some how the figures would be conveniently "massage" to show a more positive decline...yeah that what i am calling it....a smaller then predicted decline would be a job well done to them...

 

[kaipoh]

that great! news that LHL will cap all ministers pay at $200k, president $250k it's true?

 

[Frankiestine]

that great! news that LHL will cap all ministers pay at $200k, president $250k it's true?

is it 200k per month? like that one year still at least 2.4mil...and 3mil for prataman..no diff

 

[The_Latest_H]

but then again we sinkees will never get the true picture right? some how the figures would be conveniently "massage" to show a more positive decline...yeah that what i am calling it....a smaller then predicted decline would be a job well done to them...

Local economists only know how to propagate the official government line. I'm terribly disappointed in them really. I won't do that basically because economists, unlike bankers, are liable to tell the truth in every other country, especially in Australia.

Its the truth that holds us in the job of being an economist. If you're an economist who misleads or even lie, I would bet you'd be out of a job pretty quick. No matter how liberal or conservative you are in your politics(that influences your view on policies, not stats; stats are stats, and you have to translate them as such, no matter how good or how bad).

 

[makapaaa]

The govt takes a dollar and gives back 10 cents. You happy?

66%: Huh? U're LYING!