MM Lee: sorry, golden period no more

[Avantas]

In July 2007, MM Lee Kuan Yew proudly and boldly proclaimed that Singapore is in a “golden period” which will extend to many years to come:

“We are into a period of good economic growth and social development. Singapore made 6.6 per cent growth in the last quarter of 2006 and 6.1 per cent in the first quarter of 2007. If there are no wars or oil crises, this golden period can stretch out over many years.”

- MM Lee Kuan Yew, 8 July 2007, Straits Times

Exactly 1 years and four months later….

VIDEO

“We cannot restore people (people’s living standards) to what they were enjoying before the worldwide crash. But we will make sure nobody falls below the poverty line

After studying the situation carefully, ministers have to make a realistic estimate of how much we can afford in additional U-Save, Workfare and other alleviating measures.”

- MM Lee Kuan Yew, 9 November 2008, CNA

Does Mr Lee consider these Singaporeans living above the poverty line ?

Read the full article here:

http://wayangparty.com/2008/11/09/mm-lee-sorry-golden-period-no-more/

 

[goldenmonkey]

In July 2007, MM Lee Kuan Yew proudly and boldly proclaimed that Singapore is in a “golden period” which will extend to many years to come:

“We are into a period of good economic growth and social development. Singapore made 6.6 per cent growth in the last quarter of 2006 and 6.1 per cent in the first quarter of 2007. If there are no wars or oil crises, this golden period can stretch out over many years.”

- MM Lee Kuan Yew, 8 July 2007, Straits Times

Exactly 1 years and four months later….

VIDEO

“We cannot restore people (people’s living standards) to what they were enjoying before the worldwide crash. But we will make sure nobody falls below the poverty line

After studying the situation carefully, ministers have to make a realistic estimate of how much we can afford in additional U-Save, Workfare and other alleviating measures.”

- MM Lee Kuan Yew, 9 November 2008, CNA

Does Mr Lee consider these Singaporeans living above the poverty line ?

Read the full article here:

http://wayangparty.com/2008/11/09/mm-lee-sorry-golden-period-no-more/

I may be irrelevant here, but this somehow reminds me that roti prata is a favourite food (and way of life) in Singapore...

 

[mscitw]

The lackeys and minions will ensure the Imperial Family continues to bask in glory and enjoy the fat of the land!

Now Old Autocrat says the minions will ensure they stay above the poverty lines? How absurb.

The peasants never enjoyed the boom years, they are debt laden, saddled with crushing housing debts, endure pay freeze, foreign import competition and constant price hikes.


Only in peasantpore.

 

[poore]

ever since he said golden period and then the world economy starts to crumble, i decided never to listen to what he says anymore....

 

[eeoror88]

ever since he said golden period and then the world economy starts to crumble, i decided never to listen to what he says anymore....

Of course he has to say something positive. Who the fuck will say that he is forecasting recession in the future at that particular time !!

 

[The_Latest_H]

Of course he has to say something positive. Who the fuck will say that he is forecasting recession in the future at that particular time !!

Its one thing to be optimistic, and another that is virtually belongs to the sci-fiction world. Perhaps he was watching too many reruns of Star Wars, and believe he is Luke Skywalker.

 

[chupacabra]

LKY is nothing but a parrot. Loves his own voice so much that he always got something to say after the fact that it has been said countless of times already by others.

He should roll over and die.

 

[eQuipment]

it only means that the overpaid idiots have been looking too far ahead, thinking too far ahead of themselves. whole time talk about future, future's future and never ending future, but they failed to see the uncovered manhole that leads to the filthy sewage, and walks right into it.

 

[jw5]

ever since he said golden period and then the world economy starts to crumble, i decided never to listen to what he says anymore....

This is the golden shower period.
If you are not careful, you will get pissed on. :(

 

[eQuipment]

This is the golden shower period.
If you are not careful, you will get pissed on. :(

not getting pissed on lah. we're all soaking in the golden shower for awhile. and soon turning into century eggs.

 

[angie II]

hey dats 1 of my fav. dish!

 

[pia]

Well, like all monthly periods, they come and go fast. MM's referring to that type