Election should come just after the opening, not before. This is because the thousands of people who have found jobs and their family members would vote the MIW. Also, the thousands of construction workers would have left the shores. The statistics would be used to wayang that the MIW has been reducing the no. of foreigners. Actually, it is due to natural attrition, including from this year's recession, and not from a discretionary policy.
And why is the MIW talking about a cheaper and faster economy? It is because they can no longer rely on cheap foreign inputs (both labour + capital) to drive the fake economy.
1.there will be excess capacities after the completion of mega projects – shopping malls, business districts, gambling dens, huge private housing development, infrastructure, etc.
2.even if we are lucky enough not to face excess capacities, a deceleration of economic activities will send everything crashing down;
3.business costs will be higher (withdrawal of Jobs Credit Scheme, higher construction costs, little room for more tax reduction after 2010 as the MIW's budget is getting tight)
4.the expansionary fiscal budget will likely scale down and be the last in 2010 unless the MIW wants to incur huge deficits.
You can run but you cannot hide. All good things must come to an end. The inevitable will come. You can stretch business cycles but you cannot postpone it indefinitely. You cannot continue to build castles in the air. But of course, before that happens, the MIW would have already secured its win in the elections.
And why is the MIW talking about a cheaper and faster economy? It is because they can no longer rely on cheap foreign inputs (both labour + capital) to drive the fake economy.
1.there will be excess capacities after the completion of mega projects – shopping malls, business districts, gambling dens, huge private housing development, infrastructure, etc.
2.even if we are lucky enough not to face excess capacities, a deceleration of economic activities will send everything crashing down;
3.business costs will be higher (withdrawal of Jobs Credit Scheme, higher construction costs, little room for more tax reduction after 2010 as the MIW's budget is getting tight)
4.the expansionary fiscal budget will likely scale down and be the last in 2010 unless the MIW wants to incur huge deficits.
You can run but you cannot hide. All good things must come to an end. The inevitable will come. You can stretch business cycles but you cannot postpone it indefinitely. You cannot continue to build castles in the air. But of course, before that happens, the MIW would have already secured its win in the elections.
u get 1 nite stay, breakfast for 2 and free live concert tickets for 2pax.
