Stupid PAP government give subsidies to companies while smart USA government gives loans to companies

[ginfreely]

Very stupid for million dollars ministers not to be able to see the stark difference indeed. They want to give aids to companies like sia now using taxpayers money forgetting these companies pay good bonuses to undeserved employees like kt latha and my ex sinkie cantonese accountant during good times for them to gossip, play politics and play games during office hours.

And my ex sinkie cantonese accountant bitch is probably still doing the same thing now if she can idle in the first three months of her job.

 

[ginfreely]

Because PAP leaders will become board members or advisors to companies when they retire.

My ex boss’s boss in sia also came from mindef.

 

[ginfreely]

Our jobs support scheme and wage credit scheme are more superior that the US loans to small businesses and large corporations

The Jobs Support Scheme (JSS) was launched in Budget 2020 to help enterprises retain their local employees (Singapore Citizens and Permanent Residents) during this period of economic uncertainty.

The Jobs Support Scheme has been enhanced, as follows:
Higher support level: Employers will now receive a 25% cash grant (up from 8%) on the wages# of each local for whom mandatory Central Provident Fund (CPF) contributions were made. The monthly wage cap will also be raised to $4,600 (up from $3,600) per employee to provide greater support for middle-income employees.

Under the Wage Credit Scheme (WCS) introduced in Budget 2013 and extended in Budget 2015, the Government co-funded 40% of wage increases from 2013-20151 and 20% of wage increases from 2016-2017 given to Singapore Citizen employees who earned a gross monthly wage of up to $4,000. Only employers are eligible for the co-funding.
In Budget 2018, it was announced that the WCS would be extended for three more years, i.e. 2018, 2019 and 2020, to support businesses embarking on transformation efforts and encourage sharing of productivity gains with workers. Government co-funding was maintained at 20% in 2018.
In Budget 2020, it was announced that the government co-funding ratios for wage increases in 2019 and 2020 will be raised from the current 15% and 10%, to 20% and 15% respectively. The qualifying gross wage ceiling will also be raised to $5,000 for both years, up from the current $4,000.

How superior is this when it’s just giving money to companies during good and bad times to subsidize wages? Why angmoh government no need to do this wage credit shit to encourage companies to hire local staff? The reason is obvious.

 

[ginfreely]

Give loan to President biz, no need pyback... whats the different...

No I read somewhere that trump related companies are specifically excluded I.e not entitled to take the loans.

 

[ginfreely]

These two schemes (job supports and wage credit) helped the PMETs and workers directly in keeping their jobs while the loans received by companies may not help the workers in keeping their jobs.

In US, the companies received loans but still can lay off workers and use the money as investments on something else.

Our government are truly care and support for PMETs and workers in keeping their jobs. Well done, Mr Heng

Can’t you see that they have increased the unemployment benefits by 600 per week on top of what they usually get. That’s additional 2400 per month on top the usual unemployment benefits. Angmoh government truly care for the workers and not bosses.

 

[ginfreely]

Singapore companies are all PA cronies, RC chairman or members. Labour Union spies, Ministers wife or husband businesses. If you don't subsidised the last tribe of PAP supporters, they will turn around to fuck the PAP.. Whereas in American, their Unions are truly independent and non partisan.

Ya only Xia suay pap will subsidize companies and robbed me citizen from what I paid heftily for: integrated shield plan. Not to mention my entitlement of free Coronavirus treatment.

 

[ginfreely]

What do u think?

I think Spore should print money and give me instead of taking my money and give companies and foreigner leeches while robbing me of what I paid for and my entitlement of free Coronavirus treatment.

 

[tanwahtiu]

I support u. Who to talk to first....

I think Spore should print money and give me instead of taking my money and give companies and foreigner leeches while robbing me of what I paid for and my entitlement of free Coronavirus treatment.

 

[whoami]

Looks like USA is special they can keep printing money and no impact. Why Spore don’t print money and go use our reserves to subsidise companies?

Remember US started the QE to combat the financial crisis of 2008? US600 billion in bank debts. Just keep printing ya..

 

[ginfreely]

Remember US started the QE to combat the financial crisis of 2008? US600 billion in bank debts. Just keep printing ya..

Ya lor nothing happened to their inflation what.

 

[sweetiepie]

Ya lor nothing happened to their inflation what.

You mother fucking jibye everyday thinking of money and sucking cock

 

[ginfreely]

You mother fucking jibye everyday thinking of money and sucking cock

Another evil filthy coward liar criminal bully son of whore Cantonese cockroach

 

[ginfreely]

Ya lor nothing happened to their inflation what.

See USA print money also got normal looking inflation rates. Angmoh the best indeed

https://www.usinflationcalculator.com/inflation/current-inflation-rates/
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Ave
2020 2.5 2.3
2019 1.6 1.5 1.9 2.0 1.8 1.6 1.8 1.7 1.7 1.8 2.1 2.3 1.8
2018 2.1 2.2 2.4 2.5 2.8 2.9 2.9 2.7 2.3 2.5 2.2 1.9 2.4
2017 2.5 2.7 2.4 2.2 1.9 1.6 1.7 1.9 2.2 2.0 2.2 2.1 2.1
2016 1.4 1.0 0.9 1.1 1.0 1.0 0.8 1.1 1.5 1.6 1.7 2.1 1.3
2015 -0.1 0.0 -0.1 -0.2 0.0 0.1 0.2 0.2 0.0 0.2 0.5 0.7 0.1
2014 1.6 1.1 1.5 2.0 2.1 2.1 2.0 1.7 1.7 1.7 1.3 0.8 1.6
2013 1.6 2.0 1.5 1.1 1.4 1.8 2.0 1.5 1.2 1.0 1.2 1.5 1.5
2012 2.9 2.9 2.7 2.3 1.7 1.7 1.4 1.7 2.0 2.2 1.8 1.7 2.1
2011 1.6 2.1 2.7 3.2 3.6 3.6 3.6 3.8 3.9 3.5 3.4 3.0 3.2
2010 2.6 2.1 2.3 2.2 2.0 1.1 1.2 1.1 1.1 1.2 1.1 1.5 1.6
2009 0 0.2 -0.4 -0.7 -1.3 -1.4 -2.1 -1.5 -1.3 -0.2 1.8 2.7 -0.4
2008 4.3 4.0 4.0 3.9 4.2 5.0 5.6 5.4 4.9 3.7 1.1 0.1 3.8
2007 2.1 2.4 2.8 2.6 2.7 2.7 2.4 2.0 2.8 3.5 4.3 4.1 2.8
2006 4.0 3.6 3.4 3.5 4.2 4.3 4.1 3.8 2.1 1.3 2.0 2.5 3.2
2005 3.0 3.0 3.1 3.5 2.8 2.5 3.2 3.6 4.7 4.3 3.5 3.4 3.4
2004 1.9 1.7 1.7 2.3 3.1 3.3 3.0 2.7 2.5 3.2 3.5 3.3 2.7
2003 2.6 3.0 3.0 2.2 2.1 2.1 2.1 2.2 2.3 2.0 1.8 1.9 2.3
2002 1.1 1.1 1.5 1.6 1.2 1.1 1.5 1.8 1.5 2.0 2.2 2.4 1.6
2001 3.7 3.5 2.9 3.3 3.6 3.2 2.7 2.7 2.6 2.1 1.9 1.6 2.8
2000 2.7 3.2 3.8 3.1 3.2 3.7 3.7 3.4 3.5 3.4 3.4 3.4 3.4