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	<title>Comments on: The fallacy of “growth at all costs” (part one)</title>
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	<link>http://theonlinecitizen.com/2009/05/the-fallacy-of-%e2%80%9cgrowth-at-all-costs%e2%80%9d-part-one/</link>
	<description>Singapore&#039;s #1 Socio-Political Site</description>
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		<title>By: Evaluating Singapore&#8217;s high growth strategy &#171; Acing it all</title>
		<link>http://theonlinecitizen.com/2009/05/the-fallacy-of-%e2%80%9cgrowth-at-all-costs%e2%80%9d-part-one/comment-page-2/#comment-85020</link>
		<dc:creator>Evaluating Singapore&#8217;s high growth strategy &#171; Acing it all</dc:creator>
		<pubDate>Sun, 05 Jul 2009 02:00:44 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=9444#comment-85020</guid>
		<description>[...] reading here. Singapore has done well on the HDI, on which it is ranked 25th. However, in its haste to grow the [...]</description>
		<content:encoded><![CDATA[<p>[...] reading here. Singapore has done well on the HDI, on which it is ranked 25th. However, in its haste to grow the [...]</p>
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		<title>By: loop</title>
		<link>http://theonlinecitizen.com/2009/05/the-fallacy-of-%e2%80%9cgrowth-at-all-costs%e2%80%9d-part-one/comment-page-2/#comment-75688</link>
		<dc:creator>loop</dc:creator>
		<pubDate>Fri, 22 May 2009 02:48:54 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=9444#comment-75688</guid>
		<description>Older people are really wiser.  They are the ones who should stay.  People below 30 can easily get another job.  They should fo 1st when there&#039;s an economic crisis.

I board the bus everyday &amp; find that there are less foreigners.  The MRT is another thing.  I try to avoid taking MRT altogether.</description>
		<content:encoded><![CDATA[<p>Older people are really wiser.  They are the ones who should stay.  People below 30 can easily get another job.  They should fo 1st when there&#8217;s an economic crisis.</p>
<p>I board the bus everyday &amp; find that there are less foreigners.  The MRT is another thing.  I try to avoid taking MRT altogether.</p>
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		<title>By: TrueBlood Singapore</title>
		<link>http://theonlinecitizen.com/2009/05/the-fallacy-of-%e2%80%9cgrowth-at-all-costs%e2%80%9d-part-one/comment-page-2/#comment-73104</link>
		<dc:creator>TrueBlood Singapore</dc:creator>
		<pubDate>Tue, 12 May 2009 15:24:46 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=9444#comment-73104</guid>
		<description>Growth was generate through the expense of general populations thru indirect taxation like foreign worker levys, super inflated HDB, transport prices by controlling the supplies but added sweetner like rebates with minimum impact.

I always advised younger people think very careful for big tickets item like HDB flat and don&#039;t fall into the trap of 10 yrs car loan as the bank and gov will always suck your blood if you just earning $2500.

As we know Economic Growth is generate by Population Growth, Land Growth and Technology Growth. The Growth in past few years was artifically inflated without sustainable fundamentals and now is the effects we are enjoying!</description>
		<content:encoded><![CDATA[<p>Growth was generate through the expense of general populations thru indirect taxation like foreign worker levys, super inflated HDB, transport prices by controlling the supplies but added sweetner like rebates with minimum impact.</p>
<p>I always advised younger people think very careful for big tickets item like HDB flat and don&#8217;t fall into the trap of 10 yrs car loan as the bank and gov will always suck your blood if you just earning $2500.</p>
<p>As we know Economic Growth is generate by Population Growth, Land Growth and Technology Growth. The Growth in past few years was artifically inflated without sustainable fundamentals and now is the effects we are enjoying!</p>
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		<title>By: Rajiv Chaudhry</title>
		<link>http://theonlinecitizen.com/2009/05/the-fallacy-of-%e2%80%9cgrowth-at-all-costs%e2%80%9d-part-one/comment-page-2/#comment-73086</link>
		<dc:creator>Rajiv Chaudhry</dc:creator>
		<pubDate>Tue, 12 May 2009 14:16:56 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=9444#comment-73086</guid>
		<description>To &quot;Right&quot; #53 and #66 &quot; 

I accept the criticism on human rights abuses.

I was focusing more on the economic aspects of political decisions such as keeping the economy open etc.

My apologies for the oversight.</description>
		<content:encoded><![CDATA[<p>To &#8220;Right&#8221; #53 and #66 &#8221; </p>
<p>I accept the criticism on human rights abuses.</p>
<p>I was focusing more on the economic aspects of political decisions such as keeping the economy open etc.</p>
<p>My apologies for the oversight.</p>
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		<title>By: lego</title>
		<link>http://theonlinecitizen.com/2009/05/the-fallacy-of-%e2%80%9cgrowth-at-all-costs%e2%80%9d-part-one/comment-page-2/#comment-73069</link>
		<dc:creator>lego</dc:creator>
		<pubDate>Tue, 12 May 2009 12:57:54 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=9444#comment-73069</guid>
		<description>Ordinary S&#039;poreans are bearing the brunt of this silly growth-at-any-cost policy. Life is stressful in this overcrowded island.

Don&#039;t expect any empathy from the Higher Mortal ruling elite because they continue to live in their bungalows in prime locations guarded by Gurkhas. They are living a life totally different from Lesser Mortals.</description>
		<content:encoded><![CDATA[<p>Ordinary S&#8217;poreans are bearing the brunt of this silly growth-at-any-cost policy. Life is stressful in this overcrowded island.</p>
<p>Don&#8217;t expect any empathy from the Higher Mortal ruling elite because they continue to live in their bungalows in prime locations guarded by Gurkhas. They are living a life totally different from Lesser Mortals.</p>
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		<title>By: Rajiv Chaudhry</title>
		<link>http://theonlinecitizen.com/2009/05/the-fallacy-of-%e2%80%9cgrowth-at-all-costs%e2%80%9d-part-one/comment-page-2/#comment-73060</link>
		<dc:creator>Rajiv Chaudhry</dc:creator>
		<pubDate>Tue, 12 May 2009 11:49:49 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=9444#comment-73060</guid>
		<description>Thanks, Kenneth, you&#039;re quite right.

The figures have gone out wrong. The correct historical GDP figures (at current market prices) are:

1965   -  S$2.96 billion
1990   -  S$66.78 billion  (x 22 over 1965)
2008  -  S$257.4 billion   (x   4 over 1990)  

I&#039;ve tried to address some of the points you have raised in the later parts, though perhaps not in exactly the same terms.</description>
		<content:encoded><![CDATA[<p>Thanks, Kenneth, you&#8217;re quite right.</p>
<p>The figures have gone out wrong. The correct historical GDP figures (at current market prices) are:</p>
<p>1965   &#8211;  S$2.96 billion<br />
1990   &#8211;  S$66.78 billion  (x 22 over 1965)<br />
2008  &#8211;  S$257.4 billion   (x   4 over 1990)  </p>
<p>I&#8217;ve tried to address some of the points you have raised in the later parts, though perhaps not in exactly the same terms.</p>
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		<title>By: patriot</title>
		<link>http://theonlinecitizen.com/2009/05/the-fallacy-of-%e2%80%9cgrowth-at-all-costs%e2%80%9d-part-one/comment-page-2/#comment-73035</link>
		<dc:creator>patriot</dc:creator>
		<pubDate>Tue, 12 May 2009 10:07:32 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=9444#comment-73035</guid>
		<description>If the Government does not bring in the foreigners to reside in SIN, how are our superstores, supermarkets, in fact all the retailers, going to survive. Who is going to buy our housings and to keep the property prices high ? There were village squatters to resettle to HDB, about the only property most resettled Singaporeans are able to afford. Now that almost all villagers are resettled, the only way left to prop up the price of HDB is to relax the rules governing the eligibility to sell them.

Why did the villages have to be cleared of occupiers, who were there long ago, and the cleared(of settlers) lands left un-utilized ? Why do the HDB keep building new estates, when almost all Singaporeans are already in HDB Housings ?

When our leaders say that they care for us, i believe them because we are their money generating machines.

patriot</description>
		<content:encoded><![CDATA[<p>If the Government does not bring in the foreigners to reside in SIN, how are our superstores, supermarkets, in fact all the retailers, going to survive. Who is going to buy our housings and to keep the property prices high ? There were village squatters to resettle to HDB, about the only property most resettled Singaporeans are able to afford. Now that almost all villagers are resettled, the only way left to prop up the price of HDB is to relax the rules governing the eligibility to sell them.</p>
<p>Why did the villages have to be cleared of occupiers, who were there long ago, and the cleared(of settlers) lands left un-utilized ? Why do the HDB keep building new estates, when almost all Singaporeans are already in HDB Housings ?</p>
<p>When our leaders say that they care for us, i believe them because we are their money generating machines.</p>
<p>patriot</p>
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		<title>By: Kenneth Jeyaretnam</title>
		<link>http://theonlinecitizen.com/2009/05/the-fallacy-of-%e2%80%9cgrowth-at-all-costs%e2%80%9d-part-one/comment-page-2/#comment-73029</link>
		<dc:creator>Kenneth Jeyaretnam</dc:creator>
		<pubDate>Tue, 12 May 2009 09:31:55 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=9444#comment-73029</guid>
		<description>Thanks, Rajiv, for paraphrasing some of the ideas in my TOC article in a more accessible form. However I would like to point out one error. You say that GDP in Singapore increased from S$96 billion to USD 257 billion from 1990 to 2008. The correct figure is S$257 billion which would be a rise of roughly 2.6 times. Also what was the increase in real terms and per capita, which is more relevant in developmental terms, and also illustrates how the current government growth model is based on the fairly simple strategy of just adding more labour and capital inputs. This was the same strategy that ended in disaster for the Soviet Union. In fact labour productivity fell by 8% in 2008 and was slightly negative in 2007, which has important consequences for real wages. I await the latest productivity figures with interest.</description>
		<content:encoded><![CDATA[<p>Thanks, Rajiv, for paraphrasing some of the ideas in my TOC article in a more accessible form. However I would like to point out one error. You say that GDP in Singapore increased from S$96 billion to USD 257 billion from 1990 to 2008. The correct figure is S$257 billion which would be a rise of roughly 2.6 times. Also what was the increase in real terms and per capita, which is more relevant in developmental terms, and also illustrates how the current government growth model is based on the fairly simple strategy of just adding more labour and capital inputs. This was the same strategy that ended in disaster for the Soviet Union. In fact labour productivity fell by 8% in 2008 and was slightly negative in 2007, which has important consequences for real wages. I await the latest productivity figures with interest.</p>
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		<title>By: kkk, keep it up</title>
		<link>http://theonlinecitizen.com/2009/05/the-fallacy-of-%e2%80%9cgrowth-at-all-costs%e2%80%9d-part-one/comment-page-2/#comment-73012</link>
		<dc:creator>kkk, keep it up</dc:creator>
		<pubDate>Tue, 12 May 2009 08:31:12 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=9444#comment-73012</guid>
		<description>&quot;if you check out the budget report which is available from MOF website, you’ll see that although the ministers’ pay are high, the total expenditure for political and parliamentary appointments is small compared to the whole public expenditure,&quot;

Using this yardstick, then a lot of developed countries will have an even relatively smaller ministerial salary payout vs their whole public expenditure - crude yet reasonable judgment by their much bigger size hence a bigger pubic expenditure. i do not have the figures, please feel free to dispute.

&quot;since they generate most of the economic activity, you do have some right to blame them for not getting you a job. but bear in mind that the more you expect from them, they harder they work on what they are good at — creating jobs by meticulous central planning — and this cycle continues…&quot;

well, did we initiate the cycle in the first place. they have guarded jealousy the need to be the only ones (fixing the oppos ???) to control and plan.  now no more magic right and trying to parry away this &#039;nagging burdensome unwanted&#039; expectation.</description>
		<content:encoded><![CDATA[<p>&#8220;if you check out the budget report which is available from MOF website, you’ll see that although the ministers’ pay are high, the total expenditure for political and parliamentary appointments is small compared to the whole public expenditure,&#8221;</p>
<p>Using this yardstick, then a lot of developed countries will have an even relatively smaller ministerial salary payout vs their whole public expenditure &#8211; crude yet reasonable judgment by their much bigger size hence a bigger pubic expenditure. i do not have the figures, please feel free to dispute.</p>
<p>&#8220;since they generate most of the economic activity, you do have some right to blame them for not getting you a job. but bear in mind that the more you expect from them, they harder they work on what they are good at — creating jobs by meticulous central planning — and this cycle continues…&#8221;</p>
<p>well, did we initiate the cycle in the first place. they have guarded jealousy the need to be the only ones (fixing the oppos ???) to control and plan.  now no more magic right and trying to parry away this &#8216;nagging burdensome unwanted&#8217; expectation.</p>
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		<title>By: That's funny KKK</title>
		<link>http://theonlinecitizen.com/2009/05/the-fallacy-of-%e2%80%9cgrowth-at-all-costs%e2%80%9d-part-one/comment-page-2/#comment-72987</link>
		<dc:creator>That's funny KKK</dc:creator>
		<pubDate>Tue, 12 May 2009 07:23:00 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=9444#comment-72987</guid>
		<description>&quot;The rest (majority) arises from either direct or indirect state ownership of entities or investments.&quot;

KKK, where do you think the money for investment comes from? Out of the blue? out from air? That&#039;;s quite a tunnel vision, omitting other stuff just to bring out some points.  Nope, those are partially from your CPF contribution, that is from 20% of your own wages. Although personal income tax and GST contribute less then 20% of our fiscal revenue, another part of the fiscal revenue is derived from the investment that your CPF money is used for, with a measly return rate to you. and don&#039;t forget that that money is usually freeze inside the account unless you are buying homes or you are retiring with an ever changing age-requirement. and don&#039;t forget what Small Time Businessman Says, that there are ofhter form of indirect revenue generation&quot;

&quot;workers who are paid minimum wage may have to incur a higher cost of living&quot; Somehow a fact seems to be missing here, they are a higher cost of living and that&#039;s the problem here...lol...

Oh man, KKK, thx for the good laugh &quot;since they generate most of the economic activity,&quot; that&#039;s a really good one plus &quot;they harder they work on what they are good at — creating jobs by meticulous central planning&quot; I really enjoy it...

CIGXM how much of this economic activity is generated by them? Yes they affect our growth with their fiscal and monetary policy mr KKK,but generation of most economic activity? however, you seems to have forgotten that Labour Hour are contributed by the people. and that, In order to appeal for MNC FI etc in Singapore, Singaporeans has been suffering from stagnating wage growth.</description>
		<content:encoded><![CDATA[<p>&#8220;The rest (majority) arises from either direct or indirect state ownership of entities or investments.&#8221;</p>
<p>KKK, where do you think the money for investment comes from? Out of the blue? out from air? That&#8217;;s quite a tunnel vision, omitting other stuff just to bring out some points.  Nope, those are partially from your CPF contribution, that is from 20% of your own wages. Although personal income tax and GST contribute less then 20% of our fiscal revenue, another part of the fiscal revenue is derived from the investment that your CPF money is used for, with a measly return rate to you. and don&#8217;t forget that that money is usually freeze inside the account unless you are buying homes or you are retiring with an ever changing age-requirement. and don&#8217;t forget what Small Time Businessman Says, that there are ofhter form of indirect revenue generation&#8221;</p>
<p>&#8220;workers who are paid minimum wage may have to incur a higher cost of living&#8221; Somehow a fact seems to be missing here, they are a higher cost of living and that&#8217;s the problem here&#8230;lol&#8230;</p>
<p>Oh man, KKK, thx for the good laugh &#8220;since they generate most of the economic activity,&#8221; that&#8217;s a really good one plus &#8220;they harder they work on what they are good at — creating jobs by meticulous central planning&#8221; I really enjoy it&#8230;</p>
<p>CIGXM how much of this economic activity is generated by them? Yes they affect our growth with their fiscal and monetary policy mr KKK,but generation of most economic activity? however, you seems to have forgotten that Labour Hour are contributed by the people. and that, In order to appeal for MNC FI etc in Singapore, Singaporeans has been suffering from stagnating wage growth.</p>
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		<title>By: Right</title>
		<link>http://theonlinecitizen.com/2009/05/the-fallacy-of-%e2%80%9cgrowth-at-all-costs%e2%80%9d-part-one/comment-page-2/#comment-72986</link>
		<dc:creator>Right</dc:creator>
		<pubDate>Tue, 12 May 2009 07:22:29 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=9444#comment-72986</guid>
		<description>Mr Rajiv also writes: “History has proven that Singapore’s economic and political decisions in the past were “right”. ”

- So are all the charges, jailing and eventual bankrupting of J B Jeyaretnam &quot;right&quot; political decisions?</description>
		<content:encoded><![CDATA[<p>Mr Rajiv also writes: “History has proven that Singapore’s economic and political decisions in the past were “right”. ”</p>
<p>- So are all the charges, jailing and eventual bankrupting of J B Jeyaretnam &#8220;right&#8221; political decisions?</p>
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		<title>By: TrueBlood Singaporean</title>
		<link>http://theonlinecitizen.com/2009/05/the-fallacy-of-%e2%80%9cgrowth-at-all-costs%e2%80%9d-part-one/comment-page-2/#comment-72983</link>
		<dc:creator>TrueBlood Singaporean</dc:creator>
		<pubDate>Tue, 12 May 2009 07:10:15 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=9444#comment-72983</guid>
		<description>Karl Marx had said throughout History, One  Class will be displaced by Another Class and afterwhich they will tightly secure their power . There is no fair System expect in True Democracy like the US.

Now the Ruling Class of Singapore had to justified its existence and they are fearful to be displaced and will try whatever means to suppress the oppositions!
Are we going to serve Ns to protect this class.</description>
		<content:encoded><![CDATA[<p>Karl Marx had said throughout History, One  Class will be displaced by Another Class and afterwhich they will tightly secure their power . There is no fair System expect in True Democracy like the US.</p>
<p>Now the Ruling Class of Singapore had to justified its existence and they are fearful to be displaced and will try whatever means to suppress the oppositions!<br />
Are we going to serve Ns to protect this class.</p>
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		<title>By: patriot</title>
		<link>http://theonlinecitizen.com/2009/05/the-fallacy-of-%e2%80%9cgrowth-at-all-costs%e2%80%9d-part-one/comment-page-2/#comment-72979</link>
		<dc:creator>patriot</dc:creator>
		<pubDate>Tue, 12 May 2009 07:00:51 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=9444#comment-72979</guid>
		<description>Angelina #33 and Que #32 were spot-on in their respective posts.

Joe #55: &quot;it&#039;s all in maslow&#039;s hierachy.....&quot;, unquote.

The poorer Singaporeans start from the basics; hunt for jobs, get a job to buy food, shelter.....and survive with monthly arrears here, there and mostly to the PRIVATISED ESSENTIAL GOODS AND SERVICES PROVIDERS WHICH ARE ALL PROFIT CENTRIC. The housing, utilities, healthcare, public transport, education, medias are all profit driven entities. 

The Talented and Elite Singaporeans start with a huge bank account, buy highend properties locally and overseas, flying first and business class, dine and wine and enjoy the companies of each others&#039; tai tai, dance and changing partners.

The Rulers increasing foreigner intake to help in economic development to benefit Singaporeans ?  Do the average Singaporeans think they benefitted from the Scheme ?  I FEEL SQUEEZED !!!

patriot</description>
		<content:encoded><![CDATA[<p>Angelina #33 and Que #32 were spot-on in their respective posts.</p>
<p>Joe #55: &#8220;it&#8217;s all in maslow&#8217;s hierachy&#8230;..&#8221;, unquote.</p>
<p>The poorer Singaporeans start from the basics; hunt for jobs, get a job to buy food, shelter&#8230;..and survive with monthly arrears here, there and mostly to the PRIVATISED ESSENTIAL GOODS AND SERVICES PROVIDERS WHICH ARE ALL PROFIT CENTRIC. The housing, utilities, healthcare, public transport, education, medias are all profit driven entities. </p>
<p>The Talented and Elite Singaporeans start with a huge bank account, buy highend properties locally and overseas, flying first and business class, dine and wine and enjoy the companies of each others&#8217; tai tai, dance and changing partners.</p>
<p>The Rulers increasing foreigner intake to help in economic development to benefit Singaporeans ?  Do the average Singaporeans think they benefitted from the Scheme ?  I FEEL SQUEEZED !!!</p>
<p>patriot</p>
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		<title>By: Small Time Businessman</title>
		<link>http://theonlinecitizen.com/2009/05/the-fallacy-of-%e2%80%9cgrowth-at-all-costs%e2%80%9d-part-one/comment-page-2/#comment-72975</link>
		<dc:creator>Small Time Businessman</dc:creator>
		<pubDate>Tue, 12 May 2009 06:27:09 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=9444#comment-72975</guid>
		<description>kkk,

Also, let me stress this, we are not asking for social welfare. We are only asking the govt not to make too much money out of us</description>
		<content:encoded><![CDATA[<p>kkk,</p>
<p>Also, let me stress this, we are not asking for social welfare. We are only asking the govt not to make too much money out of us</p>
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		<title>By: Small Time Businessman</title>
		<link>http://theonlinecitizen.com/2009/05/the-fallacy-of-%e2%80%9cgrowth-at-all-costs%e2%80%9d-part-one/comment-page-2/#comment-72974</link>
		<dc:creator>Small Time Businessman</dc:creator>
		<pubDate>Tue, 12 May 2009 06:23:34 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=9444#comment-72974</guid>
		<description>&quot;they justify the high pay by the necessity to retain people who can bring in the revenue. How true is it? To some extent, I think it is plausible — personal income tax and GST in total take less than 20% of the fiscal revenue. Corporate taxes takes up about 10% to 20%. The rest (majority) arises from either direct or indirect state ownership of entities or investments.&quot;

there are many other taxes like petrol tax, alcohol tax, cigarette tax, COE etc. Also, why are HDB prices so high. Please provide detailed breakdown on cost, and save the BS on market subsidy.</description>
		<content:encoded><![CDATA[<p>&#8220;they justify the high pay by the necessity to retain people who can bring in the revenue. How true is it? To some extent, I think it is plausible — personal income tax and GST in total take less than 20% of the fiscal revenue. Corporate taxes takes up about 10% to 20%. The rest (majority) arises from either direct or indirect state ownership of entities or investments.&#8221;</p>
<p>there are many other taxes like petrol tax, alcohol tax, cigarette tax, COE etc. Also, why are HDB prices so high. Please provide detailed breakdown on cost, and save the BS on market subsidy.</p>
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		<title>By: kkk</title>
		<link>http://theonlinecitizen.com/2009/05/the-fallacy-of-%e2%80%9cgrowth-at-all-costs%e2%80%9d-part-one/comment-page-2/#comment-72972</link>
		<dc:creator>kkk</dc:creator>
		<pubDate>Tue, 12 May 2009 06:18:59 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=9444#comment-72972</guid>
		<description>if you check out the budget report which is available from MOF website, you&#039;ll see that although the ministers&#039; pay are high, the total expenditure for political and parliamentary appointments is small compared to the whole public expenditure, not enough to increase social welfare support by much (compare it with this year stimulus package)

they justify the high pay by the necessity to retain people who can bring in the revenue. How true is it? To some extent, I think it is plausible --- personal income tax and GST in total take less than 20% of the fiscal revenue. Corporate taxes takes up about 10% to 20%. The rest (majority) arises from either direct or indirect state ownership of entities or investments.

since they generate most of the economic activity, you do have some right to blame them for not getting you a job. but bear in mind that the more you expect from them, they harder they work on what they are good at --- creating jobs by meticulous central planning --- and this cycle continues...</description>
		<content:encoded><![CDATA[<p>if you check out the budget report which is available from MOF website, you&#8217;ll see that although the ministers&#8217; pay are high, the total expenditure for political and parliamentary appointments is small compared to the whole public expenditure, not enough to increase social welfare support by much (compare it with this year stimulus package)</p>
<p>they justify the high pay by the necessity to retain people who can bring in the revenue. How true is it? To some extent, I think it is plausible &#8212; personal income tax and GST in total take less than 20% of the fiscal revenue. Corporate taxes takes up about 10% to 20%. The rest (majority) arises from either direct or indirect state ownership of entities or investments.</p>
<p>since they generate most of the economic activity, you do have some right to blame them for not getting you a job. but bear in mind that the more you expect from them, they harder they work on what they are good at &#8212; creating jobs by meticulous central planning &#8212; and this cycle continues&#8230;</p>
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		<title>By: Small Time Businessman</title>
		<link>http://theonlinecitizen.com/2009/05/the-fallacy-of-%e2%80%9cgrowth-at-all-costs%e2%80%9d-part-one/comment-page-2/#comment-72966</link>
		<dc:creator>Small Time Businessman</dc:creator>
		<pubDate>Tue, 12 May 2009 05:55:19 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=9444#comment-72966</guid>
		<description>&quot;and the reality is that everyone needs to fork out more to help them.&quot;

Help who? Our great ministars</description>
		<content:encoded><![CDATA[<p>&#8220;and the reality is that everyone needs to fork out more to help them.&#8221;</p>
<p>Help who? Our great ministars</p>
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		<title>By: Small Time Businessman</title>
		<link>http://theonlinecitizen.com/2009/05/the-fallacy-of-%e2%80%9cgrowth-at-all-costs%e2%80%9d-part-one/comment-page-2/#comment-72963</link>
		<dc:creator>Small Time Businessman</dc:creator>
		<pubDate>Tue, 12 May 2009 05:44:07 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=9444#comment-72963</guid>
		<description>&quot;My point is this: people earning more than the minimum wage, including many low-income families, will have to incur additional costs, because the costs will be passed to consumers. even the workers who are paid minimum wage may have to incur a higher cost of living.&quot;

instead of suppressing wages, bring down the other factors in cost of living: public housing prices, petrol tax, ERP, GST, office rental, retail rental etc.</description>
		<content:encoded><![CDATA[<p>&#8220;My point is this: people earning more than the minimum wage, including many low-income families, will have to incur additional costs, because the costs will be passed to consumers. even the workers who are paid minimum wage may have to incur a higher cost of living.&#8221;</p>
<p>instead of suppressing wages, bring down the other factors in cost of living: public housing prices, petrol tax, ERP, GST, office rental, retail rental etc.</p>
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		<title>By: TrueBlood Singaporean</title>
		<link>http://theonlinecitizen.com/2009/05/the-fallacy-of-%e2%80%9cgrowth-at-all-costs%e2%80%9d-part-one/comment-page-2/#comment-72961</link>
		<dc:creator>TrueBlood Singaporean</dc:creator>
		<pubDate>Tue, 12 May 2009 05:30:50 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=9444#comment-72961</guid>
		<description>If you Study Econonmic you know what is crowding out effect!

Why America, Taiwan society can be so successful cause of  their competitive , enterprenuer and fearless environment in business, political area.

Why we Singaporen are so fearful, study hard and work in MNCs or GLCs and listern to your Boss. It is Gov Induced Culture of suppressing any alternatives and oppositions that might be of greater influence than them.

That is life in Singapore!</description>
		<content:encoded><![CDATA[<p>If you Study Econonmic you know what is crowding out effect!</p>
<p>Why America, Taiwan society can be so successful cause of  their competitive , enterprenuer and fearless environment in business, political area.</p>
<p>Why we Singaporen are so fearful, study hard and work in MNCs or GLCs and listern to your Boss. It is Gov Induced Culture of suppressing any alternatives and oppositions that might be of greater influence than them.</p>
<p>That is life in Singapore!</p>
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		<title>By: mike</title>
		<link>http://theonlinecitizen.com/2009/05/the-fallacy-of-%e2%80%9cgrowth-at-all-costs%e2%80%9d-part-one/comment-page-2/#comment-72960</link>
		<dc:creator>mike</dc:creator>
		<pubDate>Tue, 12 May 2009 05:30:04 +0000</pubDate>
		<guid isPermaLink="false">http://theonlinecitizen.com/?p=9444#comment-72960</guid>
		<description>i feel that if ministers are taking care of themselves the more they should look into the minimum wages for lower group in order to sustain and maintain the standard of living as we more on. 

besides, they are over paid many times and lower group pay getting decreasing??

as economy grow so as expenses so it logic and fair increament should be across the board porportionally. if not, it is a problem for lower group to suffer which happening now.

i feel sometime if i have voted the party to become ruling party and  you seem to take good care of yoursevles but not us then i think something is wrong somewhere.</description>
		<content:encoded><![CDATA[<p>i feel that if ministers are taking care of themselves the more they should look into the minimum wages for lower group in order to sustain and maintain the standard of living as we more on. </p>
<p>besides, they are over paid many times and lower group pay getting decreasing??</p>
<p>as economy grow so as expenses so it logic and fair increament should be across the board porportionally. if not, it is a problem for lower group to suffer which happening now.</p>
<p>i feel sometime if i have voted the party to become ruling party and  you seem to take good care of yoursevles but not us then i think something is wrong somewhere.</p>
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