Re: Ge 2011
Red_Bean_Bun;638483 said:
You would see the oppostion creating a coalition. Then followed by major in fighting between the parties on the cabinet line up. Then they will start to trip over each other on policy coordination. The elected president would have his hands full.
Foreign minister would have a lot of travelling and hopefully nothing happens to our relationships with the major trading partners.
HDB prices would fall across the board and those that bought at high price would live there for a long time while the new couples would be happy that they can afford the new flats.
GST and income tax would be reduced and everyone happy - would result in a reduction of Government spendings to meet the budget - more potholes on the roads, aging airport with a blast to the past classic 80s landscape
Healthcare budget increases - Free heathcare for senior citizens - people happy - everyone wants to go to the hospitals and stay around.
New cabinet works for a pittance of a salary along with the entire civil service - expect some drop in customer service.
Make pure Singaporeans first class citizens - FTs pays alot more taxes, FT's kids cannot study in the public schools, FTs can only become PRs if they start $10m business with a Singaporean partner.
Nationalise MRT, TIBS and SBS - lower the fares - use gains from the reserves to subsidise the cost - if there are no gains the just use the reserves itself.
Remove PARF, COE and lower the corporate tax on PML - ALL BMW-SG members can get the latest M3.......
hehe.........
.. sound promising... most young adults will find it easier to own a home, start a family, have quality time and regenerate the population supported by more affordable education with assured seats, affordable health care and nuturing policies from the government.
With cost of living considerably down, this new generation can also make do with competitive wages, able to look towards their retirement planning and NOT fight anguishly to avoid being a burden or parasitic to the generation after them.
A shift of wealth will be noted from public to private fueling the domestic economy and enterprises to be allowed fair chances to grow towards regional if not golbal market. With the continue growth of local industries and local employment, wealth in terms of profits and wages are retained domestically and not siphoned away from the nation.
I will also hope that our national bank will stop competing and adopt the regulatory role of a central bank and let our domestic bankers and financial institues flourish to support the local busniess and industries. The trade union should actively play a regulatory role towards the enriching the working class, prevents employment abuses, and qualitative skill development and should release it's commercial interest to the private.
GLCs should re-study their position to bridge globalization and the viable local industries as priority, ensuring better technology exchanges to optimize on the relations with foreign investments locally in exchange for profits drawn out by them. GICs is better off being consultative and relation keeping with local private industries and pushes them offshore as GLCs is more likely to face backlash over sovereign issues. The Thai and Aussie of late are testiment to that.
Let the new generation of government to decide and devise a system of tax and tarrif with better consideration of income distribution. A government role that's behind the nation progress suits me better than one that stay fore front in its economics.
Growing and nuturing SG's investment widely into the region via the private sector is a more welcomed propositions and less threatening IMO. With well meaning foreign policies, it will worked out to be a better options in maintain social security and border issue compared to having a huge population of foreigners on our land. In tensed moment if it should arises, SG withdrawing her foreign investments or FTs fleeing SG amounts to a setback in economic structure and rampant unhappiness in the populations... but they occur in different soil.
Let say between the existing meritoracy and profit driven governance that we see today and the generation Y and beyond... I put my faith in the latter. Call me naive if you like...