DPM Tharman: "Most Singaporeans Unaffected By High Inflation Rate"

[smellyfish]

inflation measures the increase in prices year on year. It measures how fast cost of living is increasing, but does not actually measure the cost of living in itself.

Singaporeans are feeling the high cost of living. Even if inflation for next month is zero, the baseline cost of living is still damn high and we are not ok.

wake up and stop your double talk, mr minister!!!

[DinOBeeR]

Originally Posted by satan_gal

Blardy hell....

I'm now lookin so fwd to see wad crap this yr Mayday speech holds.

KNS la.. not affected? Mayb most ppl HE knows

nothing to expect from the speech, oni will make ppl more TL nia lo.
go Hong Lim park on this May Day, more meaningful lo.

support the party that are the people's party lo

============quoted from SDP website============
Singapore Democrats

When you come to the SDP May Day Rally on Tuesday, there's a lot more than meaningful speeches, free health screenings, and activities for the family - there'll also be some really cool SDP T-shirts on sale.

One that's already on everyone's lips shows a set of headphones on the front with its wire winding to the back of the shirt and plugged into the SDP logo and the caption "Plugged into..."

Of course, let's not forget Danny, the irresistible Democracy Bear. The cute plush toy of Danny's replica will also be on sale.

So come and support the party that hasn't stopped working for Singapore and for you. These activities require funds and we hope that you will be part of the effort to help us bring democracy to Singapore.

So bring your friends and family down to Hong Lim Park on 1 May and help us make this rally a truly memorable one to reduce income inequality in Singapore.

[hkh]

Originally Posted by Kohaku

Then I am the minority few. I own a HDB, dun own a car and I still feel the pinch of having to pay a higher price for food and daily uses.

I wonder if ever rents will come down since the rent control act is removed in the 80's. It partly contributes to the higher price we are paying.... And to think some ministers said it will self regulate, but it actually isn't.

hai.....

Just like taxi fare.....does the market decide the fare or just comfort delgro decides and everyone else just follows.....

[globalcookie]

The worst hit are the bottom 20%. They were struggling, before the high inflation and high influx of foreign workers. Now, they are suffocating or drowning. These people have no voice, they are the lot, if the gov has a choice, they would bundle them ino a barage and ship them out.

They increase the price of everything that they have their hands on, from transport and petrol, to utilities. These are painful to the everday people. When cost of fuel goes up, they increase. When cost of fuel came down, they refuse to reduce.

Like the utilities threads, the utilities companies (who is behind them) stated higher cost of fuel. What is the burning fuel for our electricity generator? What is the fuel of cooking gas? Did the global price of gas increase in the last 1 year? The charts in the below link
http://www.eia.gov/dnav/ng/hist/n9190us3m.htm

What went up? Cost of fuel or tax or just profit centric?

There are way too many other examples where inflation hitted majority of the population, the lot that gov don't see as HUMAN BEINGS!

Originally Posted by globalcookie

How come all these speakin from e arse message (eg $1k income can own flat, and now most not affected by inflation) didn't come before GE? NBz...

Obviously these PAP ministers are totally distanced from the ground.

More likely these PAP ministers (some at least) know what is happening on the ground but they are lying in public so as to project the image they want to the world (and to ignorant Singaporeans).

[loveikan]

Originally Posted by DarkMind

More likely these PAP ministers (some at least) know what is happening on the ground but they are lying in public so as to project the image they want to the world (and to ignorant Singaporeans).

This tactic works well for them!

[dzylim]

kopi from 90 cents increase to $1 is about 10% increment liao. where gt only 5%?

[Ben]

Originally Posted by .Hack

[B][U]“The vast majority of Singaporeans, who already own their homes and are not buying a new car, will not feel the effects of these sharp increases.”

vast majority of Singaporeans are not buying a new car cos they can't freaking afford one, cos the foreigners and transport companies are bidding up the COEs. singaporeans buy car, kena screwed cos erp and petrol up and up, take public transport, also kena screwed. either way we are screwed.

Just like in the story Animal Farm by George Orwell. after continuous brainwashing, singaporeans will eventually believe whatever nonsense is fed to us.

Wahaha....

He s trying to say he had done a gd job lah as a Minister for Finance....

Our gahment on & off sing song talk cock

[.Hack]

Found this online.