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SM Goh asks us to spend more or he'll blame us if our economy goes into recession

ah_phah

Alfrescian
Loyal
....... And besides, S'poreans themselves are already in a mountain of debt. Food isn't cheap anymore, as with other daily expenses- no thanks to both outside forces and the PAP internally, as well. So why spend? Singaporeans are broke.
correct, more than 60% of sgporeans r already in debt, and paying thru the nose just to make ends meet on daily basis, thanks to the inflated costs of living.

now econ gone bad, its common sense to encourage expenditure, so econ can roll. but if sgporeans r broke, where they gonna find extra $ to roll? roll with credit notes from after life?
hell-bank1.jpg
 

angie II

Alfrescian (Inf)
Asset
gst 7% ... inflation 8% ... tariff hike 21% ... bus fare hike ... taxi surcharge ... singtel increasing charges cum 1 jan 2009 ... more erp gantries ... n much, much more ...

tio ma... Pay And Pay... isn't dat wad dey're good at? :rolleyes:
 

sage

Alfrescian
Loyal
GST + ERP are stiffling spending in huge way. Remove them immediately to save Singapore economy. Spend & spend, start with last year's surplus $6 billion.
 

williamsF1

Alfrescian
Loyal
GST + ERP are stiffling spending in huge way. Remove them immediately to save Singapore economy. Spend & spend, start with last year's surplus $6 billion.
CORRECT! if ERP & GST removed, guarantee a lot of spare cash to spend more.
 

jw5

Moderator
Moderator
Loyal
GST + ERP are stiffling spending in huge way. Remove them immediately to save Singapore economy. Spend & spend, start with last year's surplus $6 billion.
He should start the ball rolling by donating a lot of money to the poor, so that they can spend the money on necessities.
 

oli9

Alfrescian
Loyal
The best reply to Mr Peanut is
- to stop spending on lifestyle & big ticket items
- Learn to cook & wash your own clothes (get rid of maid & eat at home)
- Take public transport
- live simply
- take cheap vacation (eg msia)
- buy only if there's a sale
- Screw the Govt from time to time
 

ChaoPappyPoodle

Alfrescian
Loyal
They want us to spend so that the GDP is up. These chaopappies have their salary tagged to the GDP. I wait for the day when the lot of them are thrown into prison for misleading the public.
 

DrPanacea

Alfrescian
Loyal
One solution is to pay dear leaders and the ministars, perm secs and parl secs millions and millions more so that they can freely spend more to keep the economy afloat.
The peasants will be happy to feed om the tapioca they grow.
 
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