Loon: Expect More of the Same, Foreign Influx, FAP Greed, Etc...

[makapaaa]

Growth the way to improve our lives: PM

=> Whose lives? FAP's and foreigners, of course.[h=2]Not an end in itself, but way to boost collective well-being, achieve goals[/h]
Published on Jun 9, 2012

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<!--close .storyLeft--><!--start of story image, if any-->PM Lee Hsien Loong speak at the Economic Society of Singapore annual dinner. -- ST PHOTO: DESMOND WEE

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<!-- storyAds:end -->By Leslie Koh, Assistant Political Editor
<!--start of story text-->Prime Minister Lee Hsien Loong on Friday mounted a robust defence of his government's economic strategy, saying that growth must remain a central plank if Singaporeans want to improve their lives.
Even as he promised to address the side-effects of growth, he rebutted the idea of slower growth as a way to ease social strains, a notion that has gained currency in some circles.
Without growth, he stressed in a speech to the Economic Society of Singapore, the country had 'no chance of improving our collective well-being'.
To those who championed the line that Singapore has enough material success and should give less weight to economic factors, spend more now and put aside less for the future, Mr Lee had this rejoinder: 'I respect these views. I agree fully that material goals are not everything in life.

 

[makapaaa]

There you go...Short of bringing down the FAP, nothing will change. It will only get worse for SGs in their own country, which has since been lost to Traitors and Foreigners without a single bullet being fired. Another No. 1 in the world and history of mankind...

[h=2]PM Lee to Singaporeans: We need to remain OPEN and WELCOMING to foreigners[/h]Posted by temasektimes on June 9, 2012
Despite rising public unhappiness and disgruntlement at the relentless influx of foreigners, Prime Minister Lee Hsien Loong continues to insist that Singapore must remain OPEN and WELCOMING to them.
Speaking at the Economic Society of Singapore’s annual dinner on Friday evening, PM Lee said there is no country in the world where the population gets smaller and incomes rise at the same time which mandates that Singapore have a continued inflow of ‘talent’ for continued ‘growth’.
“We need to maintain that spirit of being exciting, of being welcoming, of being open and adventurous… at a time when there are constraints to our size… when our population is growing gradually less young and therefore perhaps less adventurous… that’s the challenge,” he added.
PM Lee also cautioned that the Singapore government must strike a balance between raising social spending and taxes.
“As we enhance our social safety nets, expenditure will inexorably rise, and revenue must keep up. Surely within the next 20 years, the government of the day will need new sources of revenue, which means raising taxes,” he said.