Catch ball liao!
After giving it some thought and revisiting my previous thoughts on Singapore (for a while I stopped thinking of Singapore)
This whole GST increase and lowering of tax rates is meant to promote Singapore's economy. This is of course very very important. And I have no qualms about doing it. Hong Kong and China and India are all big competitors globally. We have to keep up. If Singapore's economy fails, we WILL be in big trouble. Hence most of Singapore's policies are always geared towards that. Ensuring the NATION'S SURVIVAL FIRST. The people's survival comes in at second place.
What I don't like is the fact that they don't want to say it as it is.
All this rejection of the "minimum wage" and "welfare". The reasons for doing so are political. Not economical. In fact they would help the lower income groups, but it would go against what the government puts as first place on its priority list.
What I would prefer to see PM Lee say is that Singapore is in a bad situation. Let's work together to ensure Singapore's survival. Hence the need for GST increases etc.
On the other hand the government SHOULD come up with concrete measures to help the lower income group. If it is welfare. So be it. Work out how to decide who needs what and help them accordingly. So far we have not heard anything of that sort. All we hear is plans to help businesses grow in Singapore. How to attract more rich people here by letting them pay lower taxes (how does that help the lower income group? Perhaps it does but indirectly?)
Nevertheless, this is the way companies and businesses are run. It's all about the bottom line. That's understandably so because businesses do not have "natural resources like gold, precious stones, oil etc". Singapore by nature is also a company and not a country.
This is a fact I accepted a long time ago. Which was why I decided that even if you handed it to me, I would pretty much do the same as the PAP. Singapore is a small country with no resources (albeit a fat bank account). In the long run where can it go in terms of expansion?
The answer therefore is that if you can, get yourself more options. Go overseas. Work. Diversify.
Remember we are more employees of this company than citizens.
Remember that no company ever thinks of how they can help their lower earning workers because they can't survive. If you are not worth your weight in salary, then off you go! Sounds familiar right?
Singapore is so small we have to be run like a company. Bo bian.