Serious Gov Civil Service job no more Iron Bowl..PAP deficit $44 billion..Retrench!

[SalahParking]

The operating revenue was about $80 billion 2019..
This is double the $40 billion in 2009..

Projected deficits is $44 billion, 2020..

to balance, drastic cuts to gov spending, austerity drive, civil sevice job reductions, early retirement 55 yrs, retrench, stat boards go private, listings, police, fire, military cuts

To jumpstart economy, using supply side stimulus, cut taxes but increase GST to 10% to help pay for other cuts...luxurygoods, gucci bag tax of extra 10%, tax rich 25%, those earning 250k more, luxury car tax 50%,

Demand side, let in 250k new citizens per year, mainly Malaysia, China, Vietnam.

 

[laksaboy]

A bloated public sector is an albatross on the economy. It does not add value.

 

[SalahParking]

A bloated public sector is an albatross on the economy. It does not add value.

rumor pmo budget is 1 billion a year...imagine an Enterprise

 

[SalahParking]

in the grand scheme, the formula that worked so well for 50yrs, is not going to work again...if private sector cut jobs, government must make the same sacrifice...

Jo Teo will be first to get the chop, then those mom staff who were sleeping next to sack

 

[winnipegjets]

The operating revenue was about $80 billion 2019..
This is double the $40 billion in 2009..

Projected deficits is $44 billion, 2020..

to balance, drastic cuts to gov spending, austerity drive, civil sevice job reductions, early retirement 55 yrs, retrench, stat boards go private, listings, police, fire, military cuts

To jumpstart economy, using supply side stimulus, cut taxes but increase GST to 10% to help pay for other cuts...luxurygoods, gucci bag tax of extra 10%, tax rich 25%, those earning 250k more, luxury car tax 50%,

Demand side, let in 250k new citizens per year, mainly Malaysia, China, Vietnam.

Demand creates supply, not the reverse. Voodoo economics (aka supply side, trickle-down) says supply creates demand. Is that even logical? Would you start a business when you don't know if there is demand for your product?

 

[SalahParking]

Demand creates supply, not the reverse. Voodoo economics (aka supply side, trickle-down) says supply creates demand. Is that even logical? Would you start a business when you don't know if there is demand for your product?

It's just a satire.

But don't be surprised that this government with its substandad calibre of mandarins will be dumb enough to try it . They did it b4 in the 97 AFC under GCT.

 

[A Singaporean]

Sinkies should not worry because you are already fucked all these years and how can things get any worse when you and your children are already unemployed with the thousand of foreigners already here brought in by PAP to replace you.

 

[birdie69]

in the grand scheme, the formula that worked so well for 50yrs, is not going to work again...if private sector cut jobs, government must make the same sacrifice...

Jo Teo will be first to get the chop, then those mom staff who were sleeping next to sack

and those ministers in the PM office Indranee, teo c h..

 

[congo9]

MOM is a great revenue generating department.
Just revenue or levies alone is close to few billions a year.

Why Joe Teo will get the sack ??? It makes no sense. In the PAP cadre, there is no finger pointing. It just collective responsibility and collective work.It a great phrase to use. In other word, no one is ever responsible if anything goes awry wrong.


For Joe teo department if you put LHL incharge of that department, it will also run into the same issue, like mass infecting of covic 19.
So who is to blame and take the rap ??? Joe teo ??? Hen ??? Tan chuan jin ?????

 

[SalahParking]

I am referring to the rank and file who will not be spared retrenchment.. don't think that government civil service jobs is safe..