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	<title>Comments on: Fighting inflation &#8211; suggestions for the Govt</title>
	<atom:link href="http://theonlinecitizen.com/2008/07/fighting-inflation-suggestions-for-the-govt/feed/" rel="self" type="application/rss+xml" />
	<link>http://theonlinecitizen.com/2008/07/fighting-inflation-suggestions-for-the-govt/</link>
	<description>a community of Singaporeans</description>
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		<title>By: gman</title>
		<link>http://theonlinecitizen.com/2008/07/fighting-inflation-suggestions-for-the-govt/comment-page-1/#comment-49589</link>
		<dc:creator>gman</dc:creator>
		<pubDate>Wed, 04 Feb 2009 12:04:25 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=947#comment-49589</guid>
		<description>example employer laid off makes 600 aweek unemployment pays 400 goverment pays enployer 200 employee stays employed employer pays employee 400+200=600 gov saves 200 and employer saves 200.  both save.
at layoffs say 7000 people = 1400000 savings on both sides country wise billions gives people more to spend???????</description>
		<content:encoded><![CDATA[<p>example employer laid off makes 600 aweek unemployment pays 400 goverment pays enployer 200 employee stays employed employer pays employee 400+200=600 gov saves 200 and employer saves 200.  both save.<br />
at layoffs say 7000 people = 1400000 savings on both sides country wise billions gives people more to spend???????</p>
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		<title>By: JustMe</title>
		<link>http://theonlinecitizen.com/2008/07/fighting-inflation-suggestions-for-the-govt/comment-page-1/#comment-16123</link>
		<dc:creator>JustMe</dc:creator>
		<pubDate>Tue, 29 Jul 2008 06:28:18 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=947#comment-16123</guid>
		<description>Well... petrol prices have dropped 5 times this month and that&#039;s a relief.  I wonder if the govt had a hand in persuading the oil cartel here to lower their prices ;)</description>
		<content:encoded><![CDATA[<p>Well&#8230; petrol prices have dropped 5 times this month and that&#8217;s a relief.  I wonder if the govt had a hand in persuading the oil cartel here to lower their prices ;)</p>
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		<title>By: patrick</title>
		<link>http://theonlinecitizen.com/2008/07/fighting-inflation-suggestions-for-the-govt/comment-page-1/#comment-16091</link>
		<dc:creator>patrick</dc:creator>
		<pubDate>Tue, 29 Jul 2008 01:56:17 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=947#comment-16091</guid>
		<description>I see the 2 issues -- (1) not raising wages to attempt to combat inflation (Tharman), and (2) increasing subsidies to alleviate the pain of inflation (Leong) -- as two orthogonal messages.

Issue 1: The rational is logical: increasing wages artificially just makes everything more expensive since consumers of the products and services of our employers have to pay more.

Issue 2: It is unquestionable that 16 proposed subsidies will reduce cost of living for many people independent of the presence of inflation. These measures however do not cure the cause of inflation.</description>
		<content:encoded><![CDATA[<p>I see the 2 issues &#8212; (1) not raising wages to attempt to combat inflation (Tharman), and (2) increasing subsidies to alleviate the pain of inflation (Leong) &#8212; as two orthogonal messages.</p>
<p>Issue 1: The rational is logical: increasing wages artificially just makes everything more expensive since consumers of the products and services of our employers have to pay more.</p>
<p>Issue 2: It is unquestionable that 16 proposed subsidies will reduce cost of living for many people independent of the presence of inflation. These measures however do not cure the cause of inflation.</p>
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		<title>By: MMSMPMMC</title>
		<link>http://theonlinecitizen.com/2008/07/fighting-inflation-suggestions-for-the-govt/comment-page-1/#comment-15997</link>
		<dc:creator>MMSMPMMC</dc:creator>
		<pubDate>Mon, 28 Jul 2008 03:20:52 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=947#comment-15997</guid>
		<description>Dear Mr. Leong,

Excellent article here and I am all out to support your call to the gahmen to lower some of the taxes that affects the citizens pocket more than theirs. 

Let me know if you are standing in the next GE, if you every do so I will definitely vote for you if you are contesting in the estate I live.

We need more opposition party member who can talk that talk and walk the walk with substance like this article.</description>
		<content:encoded><![CDATA[<p>Dear Mr. Leong,</p>
<p>Excellent article here and I am all out to support your call to the gahmen to lower some of the taxes that affects the citizens pocket more than theirs. </p>
<p>Let me know if you are standing in the next GE, if you every do so I will definitely vote for you if you are contesting in the estate I live.</p>
<p>We need more opposition party member who can talk that talk and walk the walk with substance like this article.</p>
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		<title>By: Thank You for Voicing up for the People</title>
		<link>http://theonlinecitizen.com/2008/07/fighting-inflation-suggestions-for-the-govt/comment-page-1/#comment-15944</link>
		<dc:creator>Thank You for Voicing up for the People</dc:creator>
		<pubDate>Sat, 26 Jul 2008 15:23:39 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=947#comment-15944</guid>
		<description>Dear Mr Leong,

I just like to say 
Thank You !!!
on behalf of the citizens of Singapore.

I just wish that you continue to help Singaporeans
with your knowledge and experience.

best regards</description>
		<content:encoded><![CDATA[<p>Dear Mr Leong,</p>
<p>I just like to say<br />
Thank You !!!<br />
on behalf of the citizens of Singapore.</p>
<p>I just wish that you continue to help Singaporeans<br />
with your knowledge and experience.</p>
<p>best regards</p>
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		<title>By: JustMe</title>
		<link>http://theonlinecitizen.com/2008/07/fighting-inflation-suggestions-for-the-govt/comment-page-1/#comment-15931</link>
		<dc:creator>JustMe</dc:creator>
		<pubDate>Sat, 26 Jul 2008 13:10:41 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=947#comment-15931</guid>
		<description>All I know is the the new ERPs and their timings suck  big time.  There is hardly any traffic going into the city on Saturday e.g. from the Nicoll Highway side and yet the money grubbing ERP takes off $2 each time. $#(I$#)$)$)$#**</description>
		<content:encoded><![CDATA[<p>All I know is the the new ERPs and their timings suck  big time.  There is hardly any traffic going into the city on Saturday e.g. from the Nicoll Highway side and yet the money grubbing ERP takes off $2 each time. $#(I$#)$)$)$#**</p>
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		<title>By: The Singapore Daily &#187; Blog Archive &#187; Weekly Roundup: Week 30</title>
		<link>http://theonlinecitizen.com/2008/07/fighting-inflation-suggestions-for-the-govt/comment-page-1/#comment-15894</link>
		<dc:creator>The Singapore Daily &#187; Blog Archive &#187; Weekly Roundup: Week 30</dc:creator>
		<pubDate>Sat, 26 Jul 2008 03:52:50 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=947#comment-15894</guid>
		<description>[...] - TOC: Fighting inflation - suggestions for the Govt - TOC: Why so silent, PAP Town [...]</description>
		<content:encoded><![CDATA[<p>[...] &#8211; TOC: Fighting inflation &#8211; suggestions for the Govt &#8211; TOC: Why so silent, PAP Town [...]</p>
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		<title>By: Robert Tan</title>
		<link>http://theonlinecitizen.com/2008/07/fighting-inflation-suggestions-for-the-govt/comment-page-1/#comment-15858</link>
		<dc:creator>Robert Tan</dc:creator>
		<pubDate>Fri, 25 Jul 2008 04:36:03 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=947#comment-15858</guid>
		<description>These are good ideas.

But it also reinforce what I have ofetn said..namely our inflation is due to domestic cost factors rather than external factors.


Therefore MAS&#039; policy of appreciating the Singapore dollar viz-a-viz the US$ will have limited effect except as to reduce our export competitiveness.

If the Government dares, one quick but drastic approach to reduce inflation is to reduce GST straight away to 5%.

Later as Sze Hian suggest waive GST on food and other neccesities.</description>
		<content:encoded><![CDATA[<p>These are good ideas.</p>
<p>But it also reinforce what I have ofetn said..namely our inflation is due to domestic cost factors rather than external factors.</p>
<p>Therefore MAS&#8217; policy of appreciating the Singapore dollar viz-a-viz the US$ will have limited effect except as to reduce our export competitiveness.</p>
<p>If the Government dares, one quick but drastic approach to reduce inflation is to reduce GST straight away to 5%.</p>
<p>Later as Sze Hian suggest waive GST on food and other neccesities.</p>
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		<title>By: university alevel degrees holder o level nlevel ite</title>
		<link>http://theonlinecitizen.com/2008/07/fighting-inflation-suggestions-for-the-govt/comment-page-1/#comment-15687</link>
		<dc:creator>university alevel degrees holder o level nlevel ite</dc:creator>
		<pubDate>Wed, 23 Jul 2008 05:25:46 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=947#comment-15687</guid>
		<description>even university alevel degrees holder o level nlevel ite  earn much money but  we still want  more moneys joining millitary or police law society doctors is still not enough salary  would want more wages increase throughout the whole years so i would definity  choose opposition partys !!</description>
		<content:encoded><![CDATA[<p>even university alevel degrees holder o level nlevel ite  earn much money but  we still want  more moneys joining millitary or police law society doctors is still not enough salary  would want more wages increase throughout the whole years so i would definity  choose opposition partys !!</p>
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		<title>By: The Singapore Daily &#187; Blog Archive &#187; Daily SG: 22 Jul 2008</title>
		<link>http://theonlinecitizen.com/2008/07/fighting-inflation-suggestions-for-the-govt/comment-page-1/#comment-15601</link>
		<dc:creator>The Singapore Daily &#187; Blog Archive &#187; Daily SG: 22 Jul 2008</dc:creator>
		<pubDate>Tue, 22 Jul 2008 03:18:11 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=947#comment-15601</guid>
		<description>[...] Daily Discourse - Hard Hitting in the Lion City: Betting on F1 - TOC: Fighting inflation - suggestions for the Govt [...]</description>
		<content:encoded><![CDATA[<p>[...] Daily Discourse &#8211; Hard Hitting in the Lion City: Betting on F1 &#8211; TOC: Fighting inflation &#8211; suggestions for the Govt [...]</p>
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		<title>By: seeking salvation</title>
		<link>http://theonlinecitizen.com/2008/07/fighting-inflation-suggestions-for-the-govt/comment-page-1/#comment-15583</link>
		<dc:creator>seeking salvation</dc:creator>
		<pubDate>Mon, 21 Jul 2008 21:03:31 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=947#comment-15583</guid>
		<description>The only way u could force these reforms thru is 

1) People&#039;s Revolt - something like what happen during the overthrow of the Marcos government which is quite unlikely to happen

2)For the well paid jokers to feel what is like to go without their fat paying salaries and made them collect used cans from the trash bins - again quitely unlikely

3) Pray for a change

4) Take possession and vote for a change</description>
		<content:encoded><![CDATA[<p>The only way u could force these reforms thru is </p>
<p>1) People&#8217;s Revolt &#8211; something like what happen during the overthrow of the Marcos government which is quite unlikely to happen</p>
<p>2)For the well paid jokers to feel what is like to go without their fat paying salaries and made them collect used cans from the trash bins &#8211; again quitely unlikely</p>
<p>3) Pray for a change</p>
<p>4) Take possession and vote for a change</p>
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		<title>By: Mr Png</title>
		<link>http://theonlinecitizen.com/2008/07/fighting-inflation-suggestions-for-the-govt/comment-page-1/#comment-15580</link>
		<dc:creator>Mr Png</dc:creator>
		<pubDate>Mon, 21 Jul 2008 20:13:40 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=947#comment-15580</guid>
		<description>Tharman and the garmen, as usual, trying to smoke us......if i know i am going to have a pay rise, i will treat my family to a nice meal at a restaurant, buy myself a nice watch, buy meself new working clothes, lagi better if can buy car (hahaha)......now imagine if 1 million workers also get their pay rise like me......

but now garmen say &quot;Pay rises no cure for inflation” and i never get pay rise becos my boss say garmen say like that, so how? inflation go up, i now jam brake, don wana spend, imagine 1 million people also like me, no pay rise and jam break.........restaurant, watch shop, clothes shop all will close down.....

 Alamak, Tharman, wana bluff who?</description>
		<content:encoded><![CDATA[<p>Tharman and the garmen, as usual, trying to smoke us&#8230;&#8230;if i know i am going to have a pay rise, i will treat my family to a nice meal at a restaurant, buy myself a nice watch, buy meself new working clothes, lagi better if can buy car (hahaha)&#8230;&#8230;now imagine if 1 million workers also get their pay rise like me&#8230;&#8230;</p>
<p>but now garmen say &#8220;Pay rises no cure for inflation” and i never get pay rise becos my boss say garmen say like that, so how? inflation go up, i now jam brake, don wana spend, imagine 1 million people also like me, no pay rise and jam break&#8230;&#8230;&#8230;restaurant, watch shop, clothes shop all will close down&#8230;..</p>
<p> Alamak, Tharman, wana bluff who?</p>
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		<title>By: Mr Png</title>
		<link>http://theonlinecitizen.com/2008/07/fighting-inflation-suggestions-for-the-govt/comment-page-1/#comment-15579</link>
		<dc:creator>Mr Png</dc:creator>
		<pubDate>Mon, 21 Jul 2008 19:57:45 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=947#comment-15579</guid>
		<description>Next the garment will say &quot;Fees Reduction and Freezes, not the answer&quot;</description>
		<content:encoded><![CDATA[<p>Next the garment will say &#8220;Fees Reduction and Freezes, not the answer&#8221;</p>
]]></content:encoded>
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		<title>By: cheekenwing</title>
		<link>http://theonlinecitizen.com/2008/07/fighting-inflation-suggestions-for-the-govt/comment-page-1/#comment-15577</link>
		<dc:creator>cheekenwing</dc:creator>
		<pubDate>Mon, 21 Jul 2008 16:59:51 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=947#comment-15577</guid>
		<description>Sze Hian, almost none of these ideas sound like they would have even the slightest dent on the economy. Instead, some of your proposals sound like they can only be funded if the govt is willing to take on a large budget deficit. In itself, that is not always a bad thing, but is not easy to reverse thereafter.

Every dollar returned to the citizen means an additional dollar that the govt has to fund one way or another. For instance, reduced taxes on fuel could mean a savings of $X million to motorists, but what good does it do for people who use public transport? Also, is it the govt&#039;s job to interfere with the profits of private sector firms such as SMRT/SBST, or educational institutions like NUS/NTU/SMU? Shareholders will cry foul, and tertiary institutions will have to find some way of making up the lower revenue since their govt subsidies are gradually being reduced.

Your ideas are well-intentioned no doubt, but there are consequences behind each of them that must be more carefully considered...

I don&#039;t really mind if the Ministers&#039; pay was halved though, but that probably won&#039;t save more than $20-30mil a year, which is considered small change compared to the overall budget -- recall that the budget surplus for FY07 was about $6.4bil.</description>
		<content:encoded><![CDATA[<p>Sze Hian, almost none of these ideas sound like they would have even the slightest dent on the economy. Instead, some of your proposals sound like they can only be funded if the govt is willing to take on a large budget deficit. In itself, that is not always a bad thing, but is not easy to reverse thereafter.</p>
<p>Every dollar returned to the citizen means an additional dollar that the govt has to fund one way or another. For instance, reduced taxes on fuel could mean a savings of $X million to motorists, but what good does it do for people who use public transport? Also, is it the govt&#8217;s job to interfere with the profits of private sector firms such as SMRT/SBST, or educational institutions like NUS/NTU/SMU? Shareholders will cry foul, and tertiary institutions will have to find some way of making up the lower revenue since their govt subsidies are gradually being reduced.</p>
<p>Your ideas are well-intentioned no doubt, but there are consequences behind each of them that must be more carefully considered&#8230;</p>
<p>I don&#8217;t really mind if the Ministers&#8217; pay was halved though, but that probably won&#8217;t save more than $20-30mil a year, which is considered small change compared to the overall budget &#8212; recall that the budget surplus for FY07 was about $6.4bil.</p>
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		<title>By: moneyminded</title>
		<link>http://theonlinecitizen.com/2008/07/fighting-inflation-suggestions-for-the-govt/comment-page-1/#comment-15576</link>
		<dc:creator>moneyminded</dc:creator>
		<pubDate>Mon, 21 Jul 2008 16:50:52 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=947#comment-15576</guid>
		<description>yet what winner said is truth is that Workers’ Party (WP), the Singapore People’s Party (SPP), the Singapore Democratic Party (SDP) and the National Solidarity Party (NSP) JBJ, Chiam, Low, Sebastian Teo , chee the opposition party must win the pap in election day where i m hopping to see where majority win hope that the opposition can win by getting from more votes from the peoples</description>
		<content:encoded><![CDATA[<p>yet what winner said is truth is that Workers’ Party (WP), the Singapore People’s Party (SPP), the Singapore Democratic Party (SDP) and the National Solidarity Party (NSP) JBJ, Chiam, Low, Sebastian Teo , chee the opposition party must win the pap in election day where i m hopping to see where majority win hope that the opposition can win by getting from more votes from the peoples</p>
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		<title>By: winner</title>
		<link>http://theonlinecitizen.com/2008/07/fighting-inflation-suggestions-for-the-govt/comment-page-1/#comment-15575</link>
		<dc:creator>winner</dc:creator>
		<pubDate>Mon, 21 Jul 2008 16:41:32 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=947#comment-15575</guid>
		<description>Workers’ Party (WP), the Singapore People’s Party (SPP), the Singapore Democratic Party (SDP) and the National Solidarity Party (NSP)  JBJ, Chiam, Low, Sebastian Teo , chee will help us to get more richer</description>
		<content:encoded><![CDATA[<p>Workers’ Party (WP), the Singapore People’s Party (SPP), the Singapore Democratic Party (SDP) and the National Solidarity Party (NSP)  JBJ, Chiam, Low, Sebastian Teo , chee will help us to get more richer</p>
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		<title>By: Weijia</title>
		<link>http://theonlinecitizen.com/2008/07/fighting-inflation-suggestions-for-the-govt/comment-page-1/#comment-15572</link>
		<dc:creator>Weijia</dc:creator>
		<pubDate>Mon, 21 Jul 2008 15:31:50 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=947#comment-15572</guid>
		<description>Quite saddening, to read all the cynical comments here. but i must say i agree with them all. I notice the use of the words reverse in the suggestions... not gonna happen man. it&#039;ll amount to admitting you&#039;re wrong. which won&#039;t ever happen with this government. I will be truly surprised to see our government actually adopt even one of those suggestions. until then... keep hoping lah hor. after all hope is free. no tax/surcharge... yet.

Pride cometh before the fall.</description>
		<content:encoded><![CDATA[<p>Quite saddening, to read all the cynical comments here. but i must say i agree with them all. I notice the use of the words reverse in the suggestions&#8230; not gonna happen man. it&#8217;ll amount to admitting you&#8217;re wrong. which won&#8217;t ever happen with this government. I will be truly surprised to see our government actually adopt even one of those suggestions. until then&#8230; keep hoping lah hor. after all hope is free. no tax/surcharge&#8230; yet.</p>
<p>Pride cometh before the fall.</p>
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		<title>By: ronin</title>
		<link>http://theonlinecitizen.com/2008/07/fighting-inflation-suggestions-for-the-govt/comment-page-1/#comment-15571</link>
		<dc:creator>ronin</dc:creator>
		<pubDate>Mon, 21 Jul 2008 15:27:32 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=947#comment-15571</guid>
		<description>I do not understand Tharman&#039;s logic that giving workers decent wage increment would result in further inflation. Let&#039;s be frank here. How can the spending of a country with a population of 4+ million have any meaningful impact on global food prices, crude oil pricee, etc.?????

I didn&#039;t know S&#039;poreans can control lower global food prices by simply spending less!!!</description>
		<content:encoded><![CDATA[<p>I do not understand Tharman&#8217;s logic that giving workers decent wage increment would result in further inflation. Let&#8217;s be frank here. How can the spending of a country with a population of 4+ million have any meaningful impact on global food prices, crude oil pricee, etc.?????</p>
<p>I didn&#8217;t know S&#8217;poreans can control lower global food prices by simply spending less!!!</p>
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		<title>By: ronin</title>
		<link>http://theonlinecitizen.com/2008/07/fighting-inflation-suggestions-for-the-govt/comment-page-1/#comment-15570</link>
		<dc:creator>ronin</dc:creator>
		<pubDate>Mon, 21 Jul 2008 15:23:52 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=947#comment-15570</guid>
		<description>I have 2 more to add to the list:

1) Don&#039;t implement Means Testing. Significantly reduce hospitalisation subsidy for PRs instead.

2) Ministerial salary increment should follow NWC recommendation!!!</description>
		<content:encoded><![CDATA[<p>I have 2 more to add to the list:</p>
<p>1) Don&#8217;t implement Means Testing. Significantly reduce hospitalisation subsidy for PRs instead.</p>
<p>2) Ministerial salary increment should follow NWC recommendation!!!</p>
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		<title>By: Daniel</title>
		<link>http://theonlinecitizen.com/2008/07/fighting-inflation-suggestions-for-the-govt/comment-page-1/#comment-15568</link>
		<dc:creator>Daniel</dc:creator>
		<pubDate>Mon, 21 Jul 2008 14:10:45 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=947#comment-15568</guid>
		<description>We  tired of people keeping us that it is a world-wide inflation. Now, when the coffers put investment in frailing banks, did the government tell us it is world-wide practice too ? When the government choose not to report about the loss of investment money over frailing bank due to PAP&#039;s arrogancy and &#039;I know it best attitude&#039; attitude, did the government tell us too it is is world-wide issue too.  When the LKY says it takes 30 years to see return of investment, did someone tell us that a moron is in control ?

Let&#039;s not keep blaming the world for these and that when it obviously the major culprit here is our dear arrogant and complacent government. Inflation play  a part but it is nothing compare to our government where everything is been taxed, even basic necessities, losing money and keep mum, giving rhetoric for price hike, cover up,.

Now when inflation happens, why not someone stop the pay rise of our ministers ? Are inflation nonchalant to our ministers ? 26 years high and yet our ministers can keep sounding out bullshit as though as happen. Uniquely Singapore ! God save the emperor and dynasty !</description>
		<content:encoded><![CDATA[<p>We  tired of people keeping us that it is a world-wide inflation. Now, when the coffers put investment in frailing banks, did the government tell us it is world-wide practice too ? When the government choose not to report about the loss of investment money over frailing bank due to PAP&#8217;s arrogancy and &#8216;I know it best attitude&#8217; attitude, did the government tell us too it is is world-wide issue too.  When the LKY says it takes 30 years to see return of investment, did someone tell us that a moron is in control ?</p>
<p>Let&#8217;s not keep blaming the world for these and that when it obviously the major culprit here is our dear arrogant and complacent government. Inflation play  a part but it is nothing compare to our government where everything is been taxed, even basic necessities, losing money and keep mum, giving rhetoric for price hike, cover up,.</p>
<p>Now when inflation happens, why not someone stop the pay rise of our ministers ? Are inflation nonchalant to our ministers ? 26 years high and yet our ministers can keep sounding out bullshit as though as happen. Uniquely Singapore ! God save the emperor and dynasty !</p>
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