Fewer foreigners, slower growth: MM
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Feb 12, 2011 - Straits Times
S'poreans must accept the reality; 4-6% growth forecast still 'very good'
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slow growth means less pay rise for the ministers.
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mature economy by immature incumbent?
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the cruise to nowhere.
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amazing how LKY still thinks that S'poreans are so dumb that we know there's no economic growth when any increase in GDP is equalled by the same increase in population !
are are we really that dumb ?
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we are rule by dumbs or dumps.
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I want 50% annual GDP growth.
So that the average workers can finally get a 1% increment in their salaries every year.
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But on a serious note, if they can only think of importing foreign workers to increase GDP, then something is very wrong.
Pay them million dollars only to come up with this idea.
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Isn't Ministerial salary tied to GDP growth?
They should tie their salaries to the bottom 10% of the poorer Singaporeans.
That way if the poor gets richer, the Ministers get richer too.
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I have no doubt that after the election, they will pat themselves on the back for doing a good job with improving Singapore's GDP, then proceed to give themselves a salary pay rise.
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Originally posted by βÎτά:
I have no doubt that after the election, they will pat themselves on the back for doing a good job with improving Singapore's GDP, then proceed to give themselves a salary pay rise.
I think quite a substantial pay rise.
Since they are pegging against the top earners in Sg.
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what nonsense. got statistic to fully back this one up?
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Let's bring in more foreign talents to increase the GDP, increase the citizen's unemployment rate, HDB prices and inflation.
All increases, the only decreases are Singaporeans' salary (other than Ministers) and living space (very soon MRTs will be double deckers all squating space).
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voting for PAP is to dig your own graves........your kids too.......
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Originally posted by Asromanista2001:
voting for PAP is to dig your own graves........your kids too.......
Times are bad.
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I rather we have slower growth. As least we have better job opportunities. So many foreigners for what, snatch our jobs... snatch our university places... snatch our houses.... snatch our living space on the MRT / bus... snatch our expressways...
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Originally posted by Asromanista2001:
voting for PAP is to dig your own graves........your kids too.......
Not that we want to vote them lah, the games they play the way they split up a tiny Singapore into so many GRCs, not enough opposition lah just walk over mostly. When the thread comes to have more oppositions winning, then they split each GRC into sub GRC so need even more oppositions to come in or else just walk over lah... hahaha... So funny ah, each GRC machiam like a state, Singapore so big size like America, need to split until so many different state and each voting there only win that tiny Singapore's tiny town like Chai Chee for example... If one day who vote win the whole Singapore, that's when PAP will stop ruling, otherwise I foresee always walkover. -
boys , forgive him la .
before my father died , he also talked senselessly , then very quickly , ICA took his nric .
in chinese culture or traditions , if one old person started to talk without much sense , very soon .
just a matter of days .
it's just a routine .
pls forgive him .
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don;t compare last year 2 digi growth lah, we all know its due to the IR and casinos, soon this gimmicks will fade and tourist number will plunge again. now they tryiong into jurong area to build what hotel affordable and hospotals. health care also can trade now like the service indistries and sgreans have to pay for the superb building design asspensive aircon tv and expensive foreign labor cost. yes they arre not cheap also. last year growth is kaylong one every dick also know.
anyway anyone know got a checkbox option in the vote ticket can vote neautral 1 orr not. as democracy nation theere should be an option like this.
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Originally posted by Poolman:
boys , forgive him la .
before my father died , he also talked senselessly , then very quickly , ICA took his nric .
in chinese culture or traditions , if one old person started to talk without much sense , very soon .
just a matter of days .
it's just a routine .
pls forgive him .
sorrry, he is not my father. he is a traitor.
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Originally posted by Poolman:
boys , forgive him la .
before my father died , he also talked senselessly , then very quickly , ICA took his nric .
in chinese culture or traditions , if one old person started to talk without much sense , very soon .
just a matter of days .
it's just a routine .
pls forgive him .
no one really bothers about that. becuase we got more things to concentrate on in life really. even some people who live also tok nonsense. just like 2 cheenas i know. they spoil their own rantal flat things and find ither people to blame without proof. like hell a few photos also can makes me laff makes my day
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Originally posted by Clivebenss:
sorrry, he is not my father. he is a traitor.
he is too old to be my father, maybe grandfather.
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Originally posted by Clivebenss:
Feb 12, 2011 - Straits Times
S'poreans must accept the reality; 4-6% growth forecast still 'very good'
Lee Kuan Yew's economic forecast usually all bullshit one leh.
Goh Keng Swee was the economics guru, he was the one who built up the economy, not you lah Lee Kuan Yew. Full of shit lah you, try to take all the credit.
Bloody fucker.
MM Lee says Singapore at centre of world’s highest growth region
February 12, 2008
Minister Mentor Lee Kuan Yew believed Asia will not go into recession, citing not only strong growth in China and India, but also the strength of commodity prices boosting growth in Malaysia, Brunei and Indonesia.
Speaking to some 1,200 people at the Tanjong Pagar Lunar New Year dinner on Monday night, Mr Lee said Singapore is at the centre of the world’s highest growth region, and is in a period of steady growth.
Mr Lee is also positive that Singapore can maximise its chances to reach a higher quality of development in the coming five to ten years.
“This is quite remarkable, for it will be the first time that when the American economy slows down and reduce imports from Asia, Asia will not go into recession. The reason is the dynamics of the domestic growth momentum in China and in India – two very huge countries. Furthermore, our neighbours are doing well. Singapore is in the centre of the world’s highest growth region,” he said.
While some may be lamenting the financial crisis, Mr Lee said he sees a blessing as property prices have cooled down for the time being.
He added that Singapore’s Government of Singapore Investment Corporation (GIC) and Temasek have also been able to increase the value of their assets, especially during such downturns.
The two companies recently invested some S$22 billion into UBS, Citigroup and Merrill-Lynch.
“When the share prices of these banks recover (the) S$22 billion investments, it will be worth S$50 to S$70 billion. But never believe that assets will always go up. There will be downturns. And so we must have these reserves to see us through these troughs. Singapore has got to this level through hard work and thrift. We must continue in this mode,” Mr Lee pointed out.
On the home front, Mr Lee said higher food and energy prices, and a widening income gap are cause for concern and must be addressed.
He also said that while there are massive investments, such as the Marina Barrage, to develop Singapore into a global city, those living in the heartland housing estates will not be left behind.
All estates will be upgraded and beautified to ensure all Singaporeans can benefit from the growth, Mr Lee added. – CNA/ac
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Goh Keng Swee give economic forecast, I will believe.
You Lee Kuan Yew give forecast, I want to vomit. Idiot that knows nothing wants to pretend to know everything. pui.