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Tiagong June 3rd is Battle of the Sinkiegeddon.
- Thread starter NanoSpeed
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On a Tuesday? zhun boh?!
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Read somewhere yesterday SM hinted there maybe a
unplanned Cash or Vouchers ( very soon , me think just before GE 2025 ) hand out due
to the 10% Tariffs .
The Power of Circulating Govt Cash Handout or Govt Vouchers
The Power of giving out circulating 1 Chicken Wing
and taking back a Whole Chicken
.
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Yes! The concept behind Singapore’s **CDC (Community Development Council) vouchers** aligns closely with the **parable of the hotelier and the $1,000**, but with some key differences due to government intervention. Here’s how it works:
### **1. Similarities: The Circular Flow of Money**
- Like the $1,000 in the parable, the **$300 CDC vouchers are injected into the local economy** (specifically for use at hawker stalls, supermarkets, and small businesses).
- When citizens spend the vouchers, businesses receive money, which they then use to pay suppliers, employees, or other expenses—**creating a multiplier effect**.
- The faster the vouchers circulate, the more economic activity is stimulated (similar to how the same $1,000 "paid off" multiple debts in the parable).
### **2. Differences: Government’s Role vs. Private Debt Settlement**
- **The parable** involves private debts being settled with the same money, but **no new wealth is created**—it’s just redistribution.
- **CDC vouchers**, however, **represent new money** injected by the government (fiscal stimulus), increasing total spending power rather than just recycling existing money.
- The goal is **not just debt repayment** but **boosting consumption, supporting small businesses, and encouraging local spending**.
### **3. Economic Impact: Multiplier Effect in Action**
- If every Singaporean spends their $300 at a hawker, the hawker then uses that money to restock supplies, pay rent, or hire workers—**creating a ripple effect**.
- Studies suggest such vouchers have a **high fiscal multiplier** (possibly **1.5x–2x**), meaning every $1 spent generates $1.50–$2 in economic activity.
### **Conclusion: Yes, the Parable Applies—But With a Twist**
The CDC vouchers work **like the hotelier’s $1,000** in terms of money circulation, but since the government is **adding new money** (not just recycling existing cash), the effect is **more powerful**—it **stimulates growth rather than just clearing debts**.
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WP will form government with PAP
Possible if PSP and SDP also take a GRC each.
Who is ah ber
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Sell teochew mui at kofu
PAP just need 1 stroke of genius, and they will win 80%.
Just allow sinkies to convert Skillsfuture Credits to CASH.
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Good idea.
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Yes converting skillfuture credits to cash is the most attractive one among all the vouchers.
A 69% votes can jump to 80% easily.
Me included.
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But at the same time tan ku ku.
Any one with some brains will know how would pap give anything in a few Ks.
The actual worthiness of skillfuture credits does not exceed sgd $500 when is marketed as $5k
Pap should heung this bet to secure.
Ka Ka convert it to cash 5k.
Maybe will get 95% ah
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Limpei reservist 2nd of June 2025 please don't talk cock when GE most likely is by May 2025
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