15% economic figure falsehood cost famiLEE LEEgime lots of votes

[uncleyap]

It is excellent for the oppositions this time round.

Simply it is too easy to discredit the famiLEE LEEgime using these figures, it is better than too many countries, as a figure. But the voters (almost every one) can not feel any such benefit to themselves - @ their household income.

famiLEE LEEgime had produced these classic falsehood for too many years and voters have learned it their own hard ways. Far too many times. These figures will only mean fees and living expenses to go up. Not household income. Not take their home pays.

It only means the ministers pays increased again. Not ours.

Whatever figures that famiLEE LEEgime cooked, it is only money in their own pockets, not us, not the peasants. We know and the voters surely knows too! You only need to mention it the voters will strongly echo it. The ballots will go against the famiLEE LEEgime rest assured.



http://business.asiaone.com/Business/News/Story/A1Story20100715-227028.html

S'pore economy blazes to the top <!-- TITLE : end-->

<!-- Story With Image End --> <!-- CONTENT : start --> SINGAPORE expects its economy to soar as much as 15 per cent this year after record expansion in the second quarter, making it possibly the world's fastest-growing economy this year.
The Ministry of Trade and Industry (MTI) yesterday sharply revised the country's annual economic- growth forecast to a sizzling 13-15 per cent.
This new estimate - adjusted upwards for the third time this year - is double MTI's previous prediction of 7-9 per cent year-on-year expansion, and would mean that the country would beat even regional powerhouses China and India in growth.
China is expected to post 10 per cent growth this year, while it is predicted that India will grow by 8.5 per cent.
Advance estimates for the second quarter have also indicated that Singapore's economy continued to expand strongly. Real gross domestic product (GDP) is expected to grow by a new all-time high of 19.3 per cent, compared to the same period last year.
In its report, the MTI pointed to two specific reasons for the updated growth forecast - better-than-predicted economic performance in the first quarter of the year, and stronger-than-expected growth in the second quarter. MTI said that, according to the latest official data, Singapore's economy in the first quarter actually expanded by 16.9 per cent on a year-on-year basis - a record-high rate.
This was 1.4 percentage point higher than the growth rate initially estimated in May.

 

[Glaringly]

I could never understand this kind of reporting, yes, like you I think they are digging a bigger hole.

Just like the recent bus fare changes, when the 154th first reported, it gives the impression of not only fairer fare but also state that almost all will pay lesser fare. The truth is now out that 33% will have to pay a lot more for the benefit of the 66%.

Is like if you tell me upfront on the bad news, I will be mad...

But, if you tell me it's good news but turn out to be the reverse...

I will go from being mad to maderer and to maderest.

And with all the online folks shouting in disagreement... adding further fuel to the fire.... PAP is going is get burnt badly.

 

[no_faith]

imho, the govt know dey are in total control.
dey know the ppl cant do anyting abt it.

end of day, ppl will still pay the price hike.

recently news abt more FT, bus fares, economic boom...doubts doubts.

 

[jw5]

If you start from a very low base, of course you're going to get a very high "growth" figure.
Hypothetical example,
2008 - 50
2009 - 20
2010 - 30
"Growth" in 2010 is going to be 50%.
They have conveniently "forgotten" about the negative 60% in 2009.

 

[singveld]

so what?

just like there are die hard anti pap. there are die hard pap and there are more of them. combining those who depend on pap for livelihood, which is quite a number of them. PAP will not lose this election, even if our economic drop 50%. PAP will still win. You believe or not?

 

[jw5]

Re: so what?

just like there are die hard anti pap. there are die hard pap and there are more of them. combining those who depend on pap for livelihood, which is quite a number of them. PAP will not lose this election, even if our economic drop 50%. PAP will still win. You believe or not?

I believe.
If you combine the members, family and friends of the members, people who want to suck up to them, people who depend on them for a living, people who are scared of them, people who worship them for some reason, people who believe in them, etc.
There are more than enough for them to win comfortably.

 

[Watchman]

Re: so what?


They are still holding back the
pay / salary increase for all sector .

Why are they holding back .

Because a big slump is coming maybe ?

 

[uncleyap]

New voters from India & China will know what the REAL 15% growth economy feels like to live within.

Local Singaporeans and FT are both telling me that they COMPLETELY can not feel they had enjoyed any growth. Lots of peasants are struggling in deep disappointment.

This 15% figure discredited the famiLEE LEEgime right to the hearts & minds of peasants. You need not raise evidence, everyone knows, it is like the naked butt of Emperor who thinks he wears New Robes.

famiLEE LEEgime & ministers lives in their own PHANTOM ECONOMY, we peasants live together in the REALITY. We are a world apart. It can not be any more obvious than this. We are not within that 15% growth economy if you said -3% more people will be convinced.